Question: i have a question regarding the financial calculations question assume...
I have a question regarding the Financial calculations:
Assume you will require a real income of $40,000 per annum in present value dollars from your superannuation fund when you retire?
Can you please tell me do I have to calculate the FV of $40,000 or should I write $40,000 straight away ?
If I have to do the calculations what could be the calculation of this?