{"id":69774,"date":"2021-11-02T15:15:05","date_gmt":"2021-11-02T15:15:05","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/11\/02\/financial-modeling-and-analysis\/"},"modified":"2021-11-02T15:15:05","modified_gmt":"2021-11-02T15:15:05","slug":"financial-modeling-and-analysis","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/11\/02\/financial-modeling-and-analysis\/","title":{"rendered":"Financial Modeling and Analysis"},"content":{"rendered":"<p>Linda is 10 years old. Her parents want to save for 4 years of college, starting at 18. Her parents want to deposit $X today and on birthdays 11, 12, \u2026 17. On birthdays 18, 19, 20, 21, they plan to take out $20,000\u2014the cost of college. How much do her parents need to save each year? Assume the discount rate is 10%. Using PMT formula (Excel: PMT=(Rate, NPER, PV, FV, Type)), solve for the annual deposit necessary to meet their financial goals. Hint: in this example, you will need to convert your $20,000 4-year annuity liability into one value, before solving for the necessary payment <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Linda is 10 years old. Her parents want to save for 4 years of college, starting at 18. Her parents want to deposit $X today and on birthdays 11, 12, \u2026 17. On birthdays 18, 19, 20, 21, they plan to take out $20,000\u2014the cost of college. How much do her parents need to save [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[14],"class_list":["post-69774","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-finance"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/69774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=69774"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/69774\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=69774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=69774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=69774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}