# On paper complete the following work for Plan 1 I need to make a

table containing the values for and

Question

# On paper, complete the following work for Plan 1: I need to make a table containing the values for and

. Write P, A, M, r, t, n N/A next to any

variable that does not apply and write Solve next to the appropriate variable.

2. Indicate the best formula to use to compute the amount available at retirement,

3. Substitute the values into the formula and compute how much money will be available at

retirement,

4. Compute the amount of money you paid into the retirement account over the 43 years

from the time you started saving, and

5. Compute the total amount of interest earned over the entire 43 years of saving.

6. Take a picture of your supporting work (1, 2, 3, 4 5 above). Insert your picture in the

appropriate location for Plan 1 Supporting Work in your group’s Project Result

document.

7. Enter the amount of money available at retirement, the amount of money you paid into

the retirement account, and the amount of interest earned over the entire 43 years of

saving for Plan 1 in the appropriate table and row in your group’s Project Result

document

Math