The cost of waiting can be defined as the earnings lost by delaying implementation of the plan by 1 year. Based on the same
cash value goal, each year the plan fails to be implemented, the required modal payment (and total outlay) increases and
the total earnings generated decreases.
This program calculates the modal payment required at a given interest rate to accumulate the desired target cash value.
Once the payment is calculated, it is rounded to the nearest cent and accumulated at interest for the number of years indicated
to produce the final 'Accumuated Value'.
Interest Rate - Enter the Annual Percentage Rate - the nominal interest rate will be calculated based on
the number of payments selected.
Target Cash Value - Enter the desired cash value.
Payment Mode - Enter desired the payment mode.
Years to Show - Enter the number of years to include in the report.
Column Definitions
Funding Years - The years to fund the plan.
Planed Outlay - The modal payment calculated that will fund the desired target cash value over the number
of years indicated.
Total Outlay - The modal payment times the number of payments per year times the number of years.
Total Earnings - The interest earned. The more interest, the less the payments need to be.
Accumulated Value - The cash value at the end of the Funding Years.
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