Analysis of the rate of return for saving for retirement using present values

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Published: Jun 15, 2019
Keywords:
Saving for retirement Present value Interest rate

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Supot Seebut
Faculty of Science, Ubon Ratchathani University, Thailand
Patcharee Wongsason
Faculty of Science, Ubon Ratchathani University, Thailand

Abstract

This article demonstrates the applications of mathematics to the decision making of investing in savings with financial institutions that provides good returns for retirement saving programs. Mathematical knowledge about interests and current values ​​can be used to analyze and compare the rate of return for each retirement saving project of a financial institution. To guide and help you decide on a good saving program, there are demonstrations of real analysis methods with financial institution' retirement saving programs to compare the best returns under the same conditions. The results show that mathematics enables us to have another way for more effective financial planning.

Article Details

How to Cite
Seebut, S., & Wongsason, P. (2019). Analysis of the rate of return for saving for retirement using present values. Journal of Science and Science Education (JSSE), 2(1), 71–80. retrieved from https://so04.tci-thaijo.org/index.php/JSSE/article/view/195062
Issue
Vol. 2 No. 1 (2019): Vol. 2 No. 1: January - June 2019
Section
Academic Articles in Science

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