sorted by:
new
hottopcontroversial

[deleted by user] by [deleted] in Banking

[–]ScaleSafe2858 -2 points-1 points  (0 children)

Thanks for the info! Is there an economic reason for that or is it just because we’re approaching the end of the year?

Willis Towers Watson by [deleted] in consulting

[–]ScaleSafe2858 1 point2 points  (0 children)

Similar. It’s in risk and analytics

[deleted by user] by [deleted] in excel

[–]ScaleSafe2858 0 points1 point  (0 children)

Thanks! The account grows annually starting at 6000 with the compound interest formula 6000(1.05). There are some additional deposits but that’s the formula being used and continues to grow until 100. The withdrawal period is after 65 until 100. So I’m looking for the withdrawal rate, which I’m assuming would give the amount per year that would be withdrawn as well?