Present value pension calculation
Maybe you want to live in Thailand and you are not retired yet.
It is then wise to have some capital from which you can withdraw
monthly or yearly.Let's say you want 10 years long 300.000 Baht per year pension enabling you to live in Thailand at a minimum level. How much pension capital do you need then? Without interest it is a simple calculation, 10 x 300.000 = 3.000.000. But with interest you need to calculate the present cash value of the capital.
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