EXERCISE 4

INTEREST 0.14 2.322

TABLE LOAN AMORTIZATION
Period Loan Principle Installment Annuaity Interest Principle Remaining Loan Principle
1 $ 15,000 $ 6,461 $ 2,100 $ 4,361 $ 10,639
2 $ 10,639 $ 6,461 $ 1,489 $ 4,972 $ 5,668
3 $ 5,668 $ 6,461 $ 793 $ 5,668 $ -
$ 19,383 $ 4,383 $ 15,000

$ 2,100.00
$ 2,282.92

65 COMPOUND 0.1
SYAHRINI ASHANTI
$ 50,000,000 $ 5,000,000 $ 5,000,000 $ 55,000,000
10 11
35 36
30 29
$ 872,470,113 $ 1,144,614,829
17.449 22.892
750000 maximum annual withdrawal
0.08 $ 109,513.43
25

1
2
HUMAIDI PLAN
Age 25 years range
Retirement 60 years 35
assume interest rate % (based on reksadana) 0.15
Assuming Retirement Fund $ 20,000,000,000
Age to die 90 years 30

How much saving per year ? $ 22,697,092 $ 1,891,424

How much withdrawal per year after get pension fund $ 3,046,003,964 $ 253,833,664
 CHARISMA PLAN
Age
FVIFA 881.170 Retirement
assume interest rate % (based on reksadana)
Assuming Retirement Fund
PVIFA 6.566 Age to die

How much saving per year ?

How much withdrawal per year after get pension fund
 23 years range
60 years 37 FVIFA 1167.498
0.15
$ 10,000,000,000
75 years 15 PVIFA 5.847

$ 8,565,329 $ 713,777.38
$ 1,710,170,526