Comments on: Time Value of Money: Computing the Value of a Fixed Sum Invested Regularly

By: Value of Money: Present, Future, Method and Location | Personal Finance Money Tips

Fri, 04 Apr 2008 03:38:55 +0000

[…] Computing the Value of a Fixed Sum Invested Regularly {Time Value of Money Tutorial} […]

By: KCLau

KCLau — Sun, 23 Dec 2007 06:30:09 +0000

Hi Kevin,

I invest regularly in GSR. I like it more than unit trust.

By: kelvin

kelvin — Fri, 21 Dec 2007 16:20:32 +0000

KC, since you are an agent for Great Eastern, I have a question for you. Is good to invest money every month for the Great Eastern investment link fund, called GSR?

By: Garrett

Garrett — Wed, 19 Dec 2007 11:57:16 +0000

Unit trust interest needed is 15.338% per annum

Solutions:
==================================
50,000 single lump insurance
PV = -50,000
Begining Mode
n = 15 years x 12 = 180 months
i = 12% p.a. = 1% per month
PMT = 0
FV = ?
= 299,790.10

1 Million = Unit Trust Investment FV + Insurance FV
Therefore, Unit Trust Investment FV
= 1 Million - Insurance FV
= 700,209.90

Unit Trust Investment
PV = 0
FV = 700,209.90
Beginning Mode
n = 15 years x 12 = 180 months
PMT = -1,000
i = ?
= 1.278185% per month
or 1.278185 x 12 = 15.33822% per annum