Paper 1 · Financial Maths
⏱ Tested in 1 exam question since 2018
Lesson 8 of 8
Financial Maths 8 – Pensions
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- Split a pension question into two stages: building the fund, then drawing it down
- Find the fund needed at retirement as the present value of all the withdrawals
- Find the monthly or quarterly contribution that builds that fund (geometric series)
- Handle a contribution gap before retirement by shifting the series' exponents
Most recent exam questions
- 2018 P2 Q8(c)
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