Future value annuities: regular savings, total interest and 'what if' questions

What this note covers

1. What a future value annuity models
2. Setting up the solver: payments, signs and the timing assumption
3. Finding the future value, and splitting it into deposits and interest
4. Finding the regular deposit needed to reach a target
5. Finding the term and the rate
6. What if investigations: comparing strategies with numbers
7. Limitations, superannuation and judging reasonableness
8. How this is examined in the SACE Stage 2 paper

8 sections · 12 key terms & formulas · 6 common mistakes