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Inputs

Description

Amount Monthly data

Marty's Salary
Laura's Salary

$50,000 $4,166.67
$25,000 $2,083.33
$1,750.00

Credit Card Balance Owed


College Loan Owed
(24 months remaining) @ 5.25%
Minimum Monthly Payment on Credit Card
3% of the Balance Owed
Car Loans Owed
(24 months remaining) @ 5.99%
Monthly Rent
Income Tax Rate

$10,000
$12,000

Marty's Current Age


Laura's Current Age

30 Years
30 Years

$300
$5,000
$1,200
28%

tax calculation
Marty's Salary
$50,000
Laura's Salary
$25,000
total
$75,000
tax@28%
$21,000.00
Aftertax
$54,000.00
monthly income $4,500.00

Monthly incom after tax


monthy rent
credit card payment
college loan payment
car loan
Total expenses
Money leftover

$ 4,500.00
$ 1,200.00
$ 300.00
$525.50
$220.48
$ 2,245.98
$ 2,254.02

Education plan
Inputs
University annual cost taday
Growth rate
Investment rate
period

Cost at the beg of 18th year


present value of cash flows
Total
required payment

-40000
4%
8% months
0.6667%
18
216
0
1
2
3
18
19
20
21
$81,032.66 $84,273.97 $87,644.93 $91,150.72
$81,032.66
$306,563.89
($638.56)

$78,031.45

$75,141.40

$72,358.38

0.67%

House plan

Cost of house
Down paymant
loan amount
closing cost
Total money required
Annual rate
Monthly saving reuired

140000
14000
126000
2520
16520
8%
($1,326.92)

0.667%

House finance
Interst Rate
Period

5.00%
360

Beginning Bal
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

126,000.00
125,848.60
125,696.58
125,543.92
125,390.62
125,236.69
125,082.11
124,926.89
124,771.03
124,614.51
124,457.34
124,299.52
124,141.04
123,981.90
123,822.09
123,661.62
123,500.49
123,338.68
123,176.19
123,013.03
122,849.19
122,684.67
122,519.46
122,353.56
122,186.97
122,019.69
121,851.71
121,683.03

Payment
Interest
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

0.4167%

Principal
525.00000
524.36919
523.73574
523.09966
522.46093
521.81954
521.17547
520.52872
519.87928
519.22713
518.57226
517.91467
517.25433
516.59124
515.92539
515.25677
514.58536
513.91115
513.23414
512.55430
511.87163
511.18611
510.49774
509.80650
509.11238
508.41537
507.71545
507.01262

($151.40)
($152.03)
($152.66)
($153.30)
($153.93)
($154.58)
($155.22)
($155.87)
($156.52)
($157.17)
($157.82)
($158.48)
($159.14)
($159.80)
($160.47)
($161.14)
($161.81)
($162.48)
($163.16)
($163.84)
($164.52)
($165.21)
($165.90)
($166.59)
($167.28)
($167.98)
($168.68)
($169.38)

29
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65
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67
68
69
70
71
72
73
74
75

121,513.65
121,343.56
121,172.76
121,001.25
120,829.03
120,656.09
120,482.43
120,308.04
120,132.93
119,957.09
119,780.51
119,603.20
119,425.16
119,246.37
119,066.83
118,886.55
118,705.51
118,523.72
118,341.18
118,157.87
117,973.80
117,788.96
117,603.35
117,416.97
117,229.81
117,041.88
116,853.16
116,663.65
116,473.35
116,282.26
116,090.38
115,897.69
115,704.20
115,509.91
115,314.80
115,118.89
114,922.15
114,724.60
114,526.22
114,327.02
114,126.99
113,926.12
113,724.42
113,521.88
113,318.49
113,114.25
112,909.17

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

506.30686
505.59816
504.88650
504.17188
503.45429
502.73370
502.01011
501.28350
500.55387
499.82120
499.08547
498.34668
497.60481
496.85985
496.11179
495.36061
494.60630
493.84884
493.08823
492.32446
491.55749
490.78734
490.01397
489.23738
488.45756
487.67448
486.88815
486.09853
485.30563
484.50942
483.70990
482.90704
482.10084
481.29128
480.47835
479.66203
478.84231
478.01917
477.19260
476.36259
475.52912
474.69218
473.85175
473.00782
472.16037
471.30939
470.45487

($170.09)
($170.80)
($171.51)
($172.22)
($172.94)
($173.66)
($174.39)
($175.11)
($175.84)
($176.57)
($177.31)
($178.05)
($178.79)
($179.54)
($180.28)
($181.03)
($181.79)
($182.55)
($183.31)
($184.07)
($184.84)
($185.61)
($186.38)
($187.16)
($187.94)
($188.72)
($189.51)
($190.30)
($191.09)
($191.89)
($192.69)
($193.49)
($194.29)
($195.10)
($195.92)
($196.73)
($197.55)
($198.38)
($199.20)
($200.03)
($200.87)
($201.70)
($202.54)
($203.39)
($204.23)
($205.09)
($205.94)

76
77
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91
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105
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107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122

112,703.23
112,496.43
112,288.77
112,080.24
111,870.85
111,660.58
111,449.44
111,237.42
111,024.51
110,810.72
110,596.04
110,380.46
110,163.98
109,946.60
109,728.32
109,509.12
109,289.02
109,067.99
108,846.05
108,623.18
108,399.38
108,174.65
107,948.98
107,722.37
107,494.82
107,266.32
107,036.87
106,806.46
106,575.09
106,342.76
106,109.46
105,875.18
105,639.94
105,403.71
105,166.49
104,928.29
104,689.10
104,448.91
104,207.72
103,965.52
103,722.31
103,478.10
103,232.86
102,986.60
102,739.32
102,491.00
102,241.65

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

469.59679
468.73512
467.86987
467.00102
466.12854
465.25243
464.37267
463.48924
462.60213
461.71133
460.81681
459.91857
459.01658
458.11084
457.20132
456.28801
455.37090
454.44996
453.52519
452.59657
451.66407
450.72769
449.78741
448.84321
447.89508
446.94299
445.98694
445.02691
444.06287
443.09482
442.12274
441.14660
440.16640
439.18211
438.19372
437.20122
436.20458
435.20378
434.19882
433.18967
432.17631
431.15873
430.13691
429.11084
428.08048
427.04584
426.00688

($206.80)
($207.66)
($208.53)
($209.39)
($210.27)
($211.14)
($212.02)
($212.91)
($213.79)
($214.68)
($215.58)
($216.48)
($217.38)
($218.28)
($219.19)
($220.11)
($221.02)
($221.95)
($222.87)
($223.80)
($224.73)
($225.67)
($226.61)
($227.55)
($228.50)
($229.45)
($230.41)
($231.37)
($232.33)
($233.30)
($234.27)
($235.25)
($236.23)
($237.21)
($238.20)
($239.19)
($240.19)
($241.19)
($242.20)
($243.21)
($244.22)
($245.24)
($246.26)
($247.28)
($248.31)
($249.35)
($250.39)

123
124
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161
162
163
164
165
166
167
168
169

101,991.26
101,739.83
101,487.35
101,233.82
100,979.23
100,723.59
100,466.87
100,209.09
99,950.23
99,690.29
99,429.28
99,167.17
98,903.97
98,639.68
98,374.28
98,107.78
97,840.16
97,571.44
97,301.59
97,030.62
96,758.51
96,485.28
96,210.91
95,935.39
95,658.73
95,380.91
95,101.93
94,821.80
94,540.49
94,258.02
93,974.36
93,689.53
93,403.50
93,116.29
92,827.88
92,538.27
92,247.45
91,955.42
91,662.17
91,367.70
91,072.00
90,775.08
90,476.91
90,177.50
89,876.85
89,574.94
89,271.77

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

424.96360
423.91597
422.86397
421.80759
420.74681
419.68160
418.61196
417.53787
416.45930
415.37623
414.28865
413.19654
412.09988
410.99865
409.89283
408.78240
407.66735
406.54765
405.42328
404.29423
403.16048
402.02200
400.87878
399.73079
398.57803
397.42045
396.25806
395.09082
393.91872
392.74173
391.55984
390.37303
389.18127
387.98454
386.78283
385.57612
384.36437
383.14757
381.92571
380.69875
379.46668
378.22948
376.98712
375.73959
374.48686
373.22891
371.96571

($251.43)
($252.48)
($253.53)
($254.59)
($255.65)
($256.71)
($257.78)
($258.86)
($259.94)
($261.02)
($262.11)
($263.20)
($264.30)
($265.40)
($266.50)
($267.61)
($268.73)
($269.85)
($270.97)
($272.10)
($273.23)
($274.37)
($275.52)
($276.66)
($277.82)
($278.97)
($280.14)
($281.30)
($282.48)
($283.65)
($284.84)
($286.02)
($287.21)
($288.41)
($289.61)
($290.82)
($292.03)
($293.25)
($294.47)
($295.70)
($296.93)
($298.17)
($299.41)
($300.66)
($301.91)
($303.17)
($304.43)

170
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216

88,967.34
88,661.64
88,354.67
88,046.42
87,736.89
87,426.06
87,113.94
86,800.52
86,485.79
86,169.76
85,852.40
85,533.72
85,213.72
84,892.38
84,569.71
84,245.68
83,920.31
83,593.58
83,265.50
82,936.04
82,605.21
82,273.01
81,939.41
81,604.43
81,268.06
80,930.28
80,591.09
80,250.49
79,908.48
79,565.03
79,220.16
78,873.85
78,526.09
78,176.89
77,826.23
77,474.11
77,120.52
76,765.47
76,408.93
76,050.90
75,691.38
75,330.37
74,967.85
74,603.82
74,238.28
73,871.21
73,502.61

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

370.69726
369.42351
368.14447
366.86009
365.57036
364.27525
362.97475
361.66884
360.35748
359.04065
357.71834
356.39052
355.05717
353.71826
352.37377
351.02368
349.66797
348.30660
346.93957
345.56684
344.18838
342.80419
341.41423
340.01847
338.61690
337.20949
335.79622
334.37706
332.95198
331.52097
330.08399
328.64103
327.19205
325.73704
324.27596
322.80880
321.33552
319.85610
318.37052
316.87876
315.38077
313.87654
312.36605
310.84926
309.32615
307.79670
306.26087

($305.70)
($306.97)
($308.25)
($309.54)
($310.82)
($312.12)
($313.42)
($314.73)
($316.04)
($317.35)
($318.68)
($320.00)
($321.34)
($322.68)
($324.02)
($325.37)
($326.73)
($328.09)
($329.46)
($330.83)
($332.21)
($333.59)
($334.98)
($336.38)
($337.78)
($339.19)
($340.60)
($342.02)
($343.44)
($344.87)
($346.31)
($347.75)
($349.20)
($350.66)
($352.12)
($353.59)
($355.06)
($356.54)
($358.02)
($359.52)
($361.01)
($362.52)
($364.03)
($365.55)
($367.07)
($368.60)
($370.13)

217
218
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263

73,132.47
72,760.80
72,387.57
72,012.79
71,636.45
71,258.54
70,879.06
70,497.99
70,115.34
69,731.09
69,345.24
68,957.78
68,568.71
68,178.02
67,785.70
67,391.74
66,996.15
66,598.90
66,200.00
65,799.44
65,397.21
64,993.30
64,587.71
64,180.43
63,771.46
63,360.78
62,948.38
62,534.27
62,118.44
61,700.87
61,281.56
60,860.51
60,437.70
60,013.12
59,586.78
59,158.67
58,728.77
58,297.07
57,863.58
57,428.29
56,991.18
56,552.24
56,111.48
55,668.89
55,224.44
54,778.15
54,330.00

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

304.71864
303.16999
301.61489
300.05330
298.48521
296.91058
295.32940
293.74162
292.14723
290.54620
288.93850
287.32409
285.70296
284.07508
282.44041
280.79893
279.15061
277.49543
275.83335
274.16434
272.48838
270.80543
269.11547
267.41847
265.71440
264.00323
262.28493
260.55947
258.82683
257.08696
255.33984
253.58544
251.82373
250.05469
248.27827
246.49445
244.70319
242.90448
241.09826
239.28453
237.46323
235.63435
233.79785
231.95369
230.10185
228.24229
226.37499

($371.68)
($373.23)
($374.78)
($376.34)
($377.91)
($379.48)
($381.07)
($382.65)
($384.25)
($385.85)
($387.46)
($389.07)
($390.69)
($392.32)
($393.95)
($395.60)
($397.24)
($398.90)
($400.56)
($402.23)
($403.91)
($405.59)
($407.28)
($408.98)
($410.68)
($412.39)
($414.11)
($415.84)
($417.57)
($419.31)
($421.06)
($422.81)
($424.57)
($426.34)
($428.12)
($429.90)
($431.69)
($433.49)
($435.30)
($437.11)
($438.93)
($440.76)
($442.60)
($444.44)
($446.29)
($448.15)
($450.02)

264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310

53,879.98
53,428.08
52,974.30
52,518.63
52,061.07
51,601.59
51,140.20
50,676.89
50,211.65
49,744.47
49,275.35
48,804.26
48,331.22
47,856.20
47,379.21
46,900.23
46,419.25
45,936.27
45,451.27
44,964.26
44,475.22
43,984.13
43,491.01
42,995.82
42,498.58
41,999.26
41,497.86
40,994.37
40,488.79
39,981.10
39,471.29
38,959.36
38,445.29
37,929.09
37,410.73
36,890.21
36,367.53
35,842.66
35,315.61
34,786.36
34,254.91
33,721.25
33,185.36
32,647.23
32,106.87
31,564.25
31,019.37

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

224.49991
222.61701
220.72627
218.82765
216.92111
215.00664
213.08419
211.15372
209.21522
207.26863
205.31394
203.35110
201.38008
199.40085
197.41338
195.41762
193.41354
191.40112
189.38031
187.35108
185.31340
183.26722
181.21252
179.14926
177.07741
174.99691
172.90775
170.80989
168.70328
166.58790
164.46370
162.33066
160.18872
158.03786
155.87804
153.70922
151.53136
149.34442
147.14838
144.94318
142.72880
140.50519
138.27231
136.03014
133.77861
131.51771
129.24739

($451.90)
($453.78)
($455.67)
($457.57)
($459.47)
($461.39)
($463.31)
($465.24)
($467.18)
($469.13)
($471.08)
($473.04)
($475.02)
($476.99)
($478.98)
($480.98)
($482.98)
($484.99)
($487.01)
($489.04)
($491.08)
($493.13)
($495.18)
($497.25)
($499.32)
($501.40)
($503.49)
($505.59)
($507.69)
($509.81)
($511.93)
($514.06)
($516.21)
($518.36)
($520.52)
($522.69)
($524.86)
($527.05)
($529.25)
($531.45)
($533.67)
($535.89)
($538.12)
($540.37)
($542.62)
($544.88)
($547.15)

311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357

30,472.23
29,922.80
29,371.08
28,817.07
28,260.74
27,702.10
27,141.13
26,577.82
26,012.17
25,444.16
24,873.78
24,301.02
23,725.88
23,148.35
22,568.40
21,986.04
21,401.25
20,814.03
20,224.36
19,632.23
19,037.64
18,440.57
17,841.01
17,238.95
16,634.38
16,027.30
15,417.68
14,805.53
14,190.82
13,573.56
12,953.72
12,331.30
11,706.28
11,078.66
10,448.43
9,815.57
9,180.07
8,541.93
7,901.12
7,257.65
6,611.49
5,962.65
5,311.10
4,656.83
3,999.84
3,340.11
2,677.63

($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)
($676.40)

126.96761
124.67832
122.37950
120.07110
117.75309
115.42541
113.08804
110.74092
108.38403
106.01732
103.64074
101.25427
98.85785
96.45144
94.03501
91.60851
89.17189
86.72513
84.26817
81.80098
79.32350
76.83570
74.33754
71.82896
69.30994
66.78041
64.24035
61.68971
59.12843
56.55649
53.97383
51.38040
48.77618
46.16110
43.53512
40.89820
38.25030
35.59136
32.92135
30.24020
27.54789
24.84436
22.12957
19.40346
16.66599
13.91712
11.15680

($549.43)
($551.72)
($554.02)
($556.32)
($558.64)
($560.97)
($563.31)
($565.65)
($568.01)
($570.38)
($572.75)
($575.14)
($577.54)
($579.94)
($582.36)
($584.79)
($587.22)
($589.67)
($592.13)
($594.59)
($597.07)
($599.56)
($602.06)
($604.57)
($607.09)
($609.61)
($612.15)
($614.71)
($617.27)
($619.84)
($622.42)
($625.01)
($627.62)
($630.23)
($632.86)
($635.50)
($638.14)
($640.80)
($643.47)
($646.16)
($648.85)
($651.55)
($654.27)
($656.99)
($659.73)
($662.48)
($665.24)

358
359
360

2,012.39
1,344.38
673.59

($676.40)
($676.40)
($676.40)

8.38497
5.60159
2.80662

($668.01)
($670.79)
($673.59)

Remaining Balance
125,848.60
125,696.58
125,543.92
125,390.62
125,236.69
125,082.11
124,926.89
124,771.03
124,614.51
124,457.34
124,299.52
124,141.04
123,981.90
123,822.09
123,661.62
123,500.49
123,338.68
123,176.19
123,013.03
122,849.19
122,684.67
122,519.46
122,353.56
122,186.97
122,019.69
121,851.71
121,683.03
121,513.65

121,343.56
121,172.76
121,001.25
120,829.03
120,656.09
120,482.43
120,308.04
120,132.93
119,957.09
119,780.51
119,603.20
119,425.16
119,246.37
119,066.83
118,886.55
118,705.51
118,523.72
118,341.18
118,157.87
117,973.80
117,788.96
117,603.35
117,416.97
117,229.81
117,041.88
116,853.16
116,663.65
116,473.35
116,282.26
116,090.38
115,897.69
115,704.20
115,509.91
115,314.80
115,118.89
114,922.15
114,724.60
114,526.22
114,327.02
114,126.99
113,926.12
113,724.42
113,521.88
113,318.49
113,114.25
112,909.17
112,703.23

112,496.43
112,288.77
112,080.24
111,870.85
111,660.58
111,449.44
111,237.42
111,024.51
110,810.72
110,596.04
110,380.46
110,163.98
109,946.60
109,728.32
109,509.12
109,289.02
109,067.99
108,846.05
108,623.18
108,399.38
108,174.65
107,948.98
107,722.37
107,494.82
107,266.32
107,036.87
106,806.46
106,575.09
106,342.76
106,109.46
105,875.18
105,639.94
105,403.71
105,166.49
104,928.29
104,689.10
104,448.91
104,207.72
103,965.52
103,722.31
103,478.10
103,232.86
102,986.60
102,739.32
102,491.00
102,241.65
101,991.26

101,739.83
101,487.35
101,233.82
100,979.23
100,723.59
100,466.87
100,209.09
99,950.23
99,690.29
99,429.28
99,167.17
98,903.97
98,639.68
98,374.28
98,107.78
97,840.16
97,571.44
97,301.59
97,030.62
96,758.51
96,485.28
96,210.91
95,935.39
95,658.73
95,380.91
95,101.93
94,821.80
94,540.49
94,258.02
93,974.36
93,689.53
93,403.50
93,116.29
92,827.88
92,538.27
92,247.45
91,955.42
91,662.17
91,367.70
91,072.00
90,775.08
90,476.91
90,177.50
89,876.85
89,574.94
89,271.77
88,967.34

88,661.64
88,354.67
88,046.42
87,736.89
87,426.06
87,113.94
86,800.52
86,485.79
86,169.76
85,852.40
85,533.72
85,213.72
84,892.38
84,569.71
84,245.68
83,920.31
83,593.58
83,265.50
82,936.04
82,605.21
82,273.01
81,939.41
81,604.43
81,268.06
80,930.28
80,591.09
80,250.49
79,908.48
79,565.03
79,220.16
78,873.85
78,526.09
78,176.89
77,826.23
77,474.11
77,120.52
76,765.47
76,408.93
76,050.90
75,691.38
75,330.37
74,967.85
74,603.82
74,238.28
73,871.21
73,502.61
73,132.47

72,760.80
72,387.57
72,012.79
71,636.45
71,258.54
70,879.06
70,497.99
70,115.34
69,731.09
69,345.24
68,957.78
68,568.71
68,178.02
67,785.70
67,391.74
66,996.15
66,598.90
66,200.00
65,799.44
65,397.21
64,993.30
64,587.71
64,180.43
63,771.46
63,360.78
62,948.38
62,534.27
62,118.44
61,700.87
61,281.56
60,860.51
60,437.70
60,013.12
59,586.78
59,158.67
58,728.77
58,297.07
57,863.58
57,428.29
56,991.18
56,552.24
56,111.48
55,668.89
55,224.44
54,778.15
54,330.00
53,879.98

53,428.08
52,974.30
52,518.63
52,061.07
51,601.59
51,140.20
50,676.89
50,211.65
49,744.47
49,275.35
48,804.26
48,331.22
47,856.20
47,379.21
46,900.23
46,419.25
45,936.27
45,451.27
44,964.26
44,475.22
43,984.13
43,491.01
42,995.82
42,498.58
41,999.26
41,497.86
40,994.37
40,488.79
39,981.10
39,471.29
38,959.36
38,445.29
37,929.09
37,410.73
36,890.21
36,367.53
35,842.66
35,315.61
34,786.36
34,254.91
33,721.25
33,185.36
32,647.23
32,106.87
31,564.25
31,019.37
30,472.23

29,922.80
29,371.08
28,817.07
28,260.74
27,702.10
27,141.13
26,577.82
26,012.17
25,444.16
24,873.78
24,301.02
23,725.88
23,148.35
22,568.40
21,986.04
21,401.25
20,814.03
20,224.36
19,632.23
19,037.64
18,440.57
17,841.01
17,238.95
16,634.38
16,027.30
15,417.68
14,805.53
14,190.82
13,573.56
12,953.72
12,331.30
11,706.28
11,078.66
10,448.43
9,815.57
9,180.07
8,541.93
7,901.12
7,257.65
6,611.49
5,962.65
5,311.10
4,656.83
3,999.84
3,340.11
2,677.63
2,012.39

1,344.38
673.59
(0.00)

required amount after retirement


period before retiremnt
period after retir
interestrate

fv at 65
pv of cash flows
pmt required

54000
35
15
8%

65
66
67
68
$213,088.81 $221,612.36 $230,476.85 $239,695.93
$2,414,800.28
($1,042.42)

69
70
71
72
73
74
75
$249,283.76 $259,255.11 $269,625.32 $280,410.33 $291,626.74 $303,291.81 $315,423.49

76
77
78
79
80
$328,040.43 $341,162.04 $354,808.53 $369,000.87 $383,760.90

Amount required for SP


interest rate
period

Pmt

14000
1%
12

($1,124.30)

pmt
loan
interest rate
required period

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

300
-10000
1.33%
44

Beginning Bal
Payment
10000
300
9833.25
300
9664.278056
300
9493.054561
300
9319.549513
300
9143.732511
300
8965.572746
300
8785.039003
300
8602.099648
300
8416.722626
300
8228.875455
300
8038.52522
300
7845.638569
300
7650.181703
300
7452.120374
300
7251.419878
300
7048.045048
300
6841.960248
300
6633.129368
300
6421.515817
300
6207.082515
300
5989.79189
300
5769.605867
300
5546.485865
300
5320.392789
300
5091.287023
300
4859.128423
300
4623.876309
300
4385.489461
300
4143.926108
300
3899.143923
300
3651.100016
300
3399.750924
300
3145.052605
300
2886.960431
300
2625.429178
300
2360.413022
300

44.36705

Interest
133.25
131.028
128.777
126.495
124.183
121.84
119.466
117.061
114.623
112.153
109.65
107.113
104.543
101.939
99.2995
96.6252
93.9152
91.1691
88.3864
85.5667
82.7094
79.814
76.88
73.9069
70.8942
67.8414
64.7479
61.6132
58.4366
55.2178
51.9561
48.6509
45.3017
41.9078
38.4687
34.9838
31.4525

Principal Remaining Balance


166.75
9833.25
168.9719
9664.278056
171.2235
9493.054561
173.505
9319.549513
175.817
9143.732511
178.1598
8965.572746
180.5337
8785.039003
182.9394
8602.099648
185.377
8416.722626
187.8472
8228.875455
190.3502
8038.52522
192.8867
7845.638569
195.4569
7650.181703
198.0613
7452.120374
200.7005
7251.419878
203.3748
7048.045048
206.0848
6841.960248
208.8309
6633.129368
211.6136
6421.515817
214.4333
6207.082515
217.2906
5989.79189
220.186
5769.605867
223.12
5546.485865
226.0931
5320.392789
229.1058
5091.287023
232.1586
4859.128423
235.2521
4623.876309
238.3868
4385.489461
241.5634
4143.926108
244.7822
3899.143923
248.0439
3651.100016
251.3491
3399.750924
254.6983
3145.052605
258.0922
2886.960431
261.5313
2625.429178
265.0162
2360.413022
268.5475
2091.865526

38
39
40
41
42
43
44
45

2091.865526
1819.739634
1543.987664
1264.5613
981.4115794
694.4888886
403.7429531
109.1228279

300
300
300
300
300
300
300
300

27.8741
24.248
20.5736
16.8503
13.0773
9.25406
5.37987
1.45406
3310.58

272.1259
275.752
279.4264
283.1497
286.9227
290.7459
294.6201
298.5459

1819.739634
1543.987664
1264.5613
981.4115794
694.4888886
403.7429531
109.1228279
-189.4231104