05-16-2018, 09:11 AM

Dear all,

I struggle on an approach to solve the following financial calulation:

Given is a saveings plan with a fixed time t[yr], interest rate, static monthly investment and - here comes my issue - an annual bonus which depends on the annual invested money (and so is constant during the whole contract).

I'm now looking on a solution how to calculate the needed interestrate to achive the desired final capital at the end of the contract.

Without this "annual bonus" it is a no-brainer, but with I'm kind of stuck.

Any hints for me?

Regards

Carsten.

I struggle on an approach to solve the following financial calulation:

Given is a saveings plan with a fixed time t[yr], interest rate, static monthly investment and - here comes my issue - an annual bonus which depends on the annual invested money (and so is constant during the whole contract).

I'm now looking on a solution how to calculate the needed interestrate to achive the desired final capital at the end of the contract.

Without this "annual bonus" it is a no-brainer, but with I'm kind of stuck.

Any hints for me?

Regards

Carsten.