Muvender is a conservative family man who is currently planning for his future financial obligations. He identified two major financial goals about which he has not made any savings so far. One, towards his daughter's marriage, when she turns age 25, and two, when he retires at the age of 60. He is currently 35 years old. He learnt about time value of money, compounding, discounting and inflation etc in a webinar and written down the below points: Daughter's Age - 10 years Aspirational corpus required if she were to be married today - Rs. 20 million He needs Rs. 1000000 per year for his living expenses if he retires today & he expects his life expectancy to be 80 years. Existing savings towards both the above goals - NIL Inflation Rate (Assumed to be constant for all years to come) - 5% Return on any investment/savings (Assumed to be constant for all years to come) - 10% You are required to (a) Build a spreadsheet-based model to compute the monthly savings he will have to make from now till his da attaining the age of marriage (b) Build a spreadsheet-based model to compute the monthly savings he will have to make form now tilne reaches age 60 [10] Chat with Proctor - DOSHI RUSHIT VIJAY Muvender is a conservative family man who is currently planning for his future financial obligations. He identified two major financial goals about which he has not made any savings so far. One, towards his daughter's marriage, when she turns age 25, and two, when he retires at the age of 60. He is currently 35 years old. He learnt about time value of money, compounding, discounting and inflation etc in a webinar and written down the below points: Daughter's Age - 10 years Aspirational corpus required if she were to be married today - Rs. 20 million He needs Rs. 1000000 per year for his living expenses if he retires today & he expects his life expectancy to be 80 years. Existing savings towards both the above goals - NIL Inflation Rate (Assumed to be constant for all years to come) - 5% Return on any investment/savings (Assumed to be constant for all years to come) - 10% You are required to (a) Build a spreadsheet-based model to compute the monthly savings he will have to make from now till his da attaining the age of marriage (b) Build a spreadsheet-based model to compute the monthly savings he will have to make form now tilne reaches age 60 [10] Chat with Proctor - DOSHI RUSHIT VIJAY