a 1000 T 4 years r 0.1 pa. IP=PP 1 year Realization of the Pension plan ahead p. t 0 1 2 3 4 a 1000 1000 1000 1000 years 0 1 2 3 pv 1000 909.0909091 826.446281 751.3148009 3486.851991 B^0 3486.851991 paid annuity 1000 1000 1000 1000 Sum of Geom.ser. 3486.851991 2486.851991 2735.53719 1735.53719 1909.090909 909.0909091 1000 t 0 1 2 3 4 0 a 1000 1000 1000 1000 pv 909.0909091 826.446281 751.3148009 683.0134554 B^0 3169.865446 Sum of Geom.ser. 3169.865446 Short version of sum 3169.865446 1) a 500 r 0.065 p.q. T 12 years IP=PP 1 month B^0 22500.55985 B^1 22023.38648 2) ahead left side 6.972545415 a 143419.6467 after left side 5.979884575 a 167227.3081 IP>PP B^0 3716306.418 B ^1 2919995.152 B 10000000 T 20 years r 0.05 pa. IP 4x /year PP 15 days a ? left side of the eq. 5.969135802 a 1675284.385 IP