8 | U | 0 | W | " | Calculates |
V5O8/$$K,,.&%'" purchasing power of the above
Example: Taxable Retirement Account. If you invest $3,000 each year for 35 years, with dividends taxed as ordinary income, how much will you have in the account at retirement? Assume an annual dividend rate of 8.175% and a tax rate of 28%, and that payments begin today. What will be the purchasing power of that amount in today’s dollars, assuming 8% annual inflation?
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8 | U | 0 | W | " | Calculates |
V5O8/$%K%'*&##" purchasing power of the above FV at 8% inflation.
282 F: RPN: Selected Examples
File name : | Print data : 2003/7/11 |