Do My Homework / Homework Help Answers / Economics Homework Help / Retirement Project: Engineering Economy: MATLAB Project

# Retirement Project: Engineering Economy: MATLAB Project

Need help with this question or any other Economics assignment help task?

Project details on attachment. For this first project, each group will be estimating the retirement income of two different investors based on how they save for retirement. For each of the investors do the following: 1. Construct the cash flow diagram. Assume the investor can earn 8% (compounded annually) on his or her investments, which is a fairly reasonable assumption for a stock index fund. 2. Calculate the annual payments the investor can expect after reaching age 70 (A(71-91)). 3. Calculate the how much the annual payment would be in todays dollars (PWA), assuming an inflation rate of 3%. 4. Prepare a short (five minute) presentation: a. Read the description of each investor and his/her investing strategy b. Explain how you calculated the A(71-91) value. (i.e.: Converted this geometric gradient to a present worth using this equation; then converted the PW to a FW) and the PWA value. 5. Your presentation should have a graphic similar to the one shown below for each investor.
There are no answers to this question.