Recent content by NicholasMM

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    Undergrad Inflation-complicated compound interest

    Hi CR, I didn't explain myself very well. In Australia, we have compulsory retirement savings of 9% of our annual wage ($60,000 in my example). I'm trying to work out what those contributions would grow in 30 years, given 7% returns (for simplicity, net of fees and taxes) a year and...
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    Undergrad Inflation-complicated compound interest

    Hi gang, I need help with a formula if somebody with an enormous brain and generous heart has some spare time. I need to work out what 9% of $60,000 ($5400) invested annual at 7% (net of fees and taxes) would grow to in 30 years, with the $60,000 increasing by 3% inflation each year (so the...
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    Undergrad Financial Math - For people who with Financial math related problems.

    Hi gang, I need help with a formula if somebody with an enormous brain has some spare time. I need to work out what 9% of $60,000 ($5400) invested annual at 7% (net of fees and taxes) would grow to in 30 years, with the $60,000 increasing by 3% inflation each year (so the figure that 9%...