Interim pension calculation?
Hello, could someone please help me with problem 4.104) b) and c)? For problem b), I calculated the full installments. Unfortunately, I don't know how to calculate the remaining installment, or I can't seem to come up with the right answer. The answer booklet states that the remaining installment is €790.04.
The information:
My invoices:
For the pension (after 3 years) I come to an available capital of
(234000-14500) + 1.01^3 = 226151
I get 648 full rates, too.
Over stay 0.7735… Rats, so last rate 450* 1.7735… = 798, just next to the solution …