after-tax future value of the account? Assume only the interest will be taxed (the principal was taxed before deposit). 5) What is the purchasing power of that amount, in today’s dollars, assuming an 8% annual inflation rate?

Keys:

Display:

Description:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sets 1 payment per year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

and Begin mode.

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

e

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

35

 

 

 

 

 



Stores number of payment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

periods until retirement (1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

x 35).

 

 

 

 

 

 

 

 

 

8.175

 

 



Stores dividend rate.

 

 

 

 

 

 

 

 

 

0

 

 

 

 

 



Present value of account

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(before first payment).

 

 

 

 

 

 

2000 &



Annual payment (deposit).

 

 

 

 

 

 

Calculates amount in

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

account at retirement.

 

 

 

Calculates total amount

R

R

 

 

 

 

paid into IRA by

*

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

retirement.

 

 

 

 

Calculates interest you will

R

+



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

earn.

15 %

 

 

 

 

 

 

 

 

 

 

 



Taxes at 15% of interest.

 

 

Subtracts taxes from total

&R

 

+

 

 

 

 

 

 

 

 

 

 

 

 

 



FV to calculate after-tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FV.

 

 

Stores after-tax future

 



value in FV.

F: RPN: Selected Examples 281

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