Planit:Entering and Analyzing the Impact of Life Goals Exercise

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Solve for the following problem:

Walter and Alice Black want to see if they can successfully afford all of their life goals. They want to include trip to Holland in 2 years at a cost of $30,000, and a gift to their children in 10 years, of $50,000. They also indicated they only use $75,000 of income annually during their retirement.

Solve for the following problem:

Karim and Tasnim want to set up a Waqf in ten years with a value of RM 100,000. So over the next year, they will make monthly payments with a return of 6.0%.

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