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Subject:  Re: insurance buyout Date:  12/10/2000  2:35 AM
Author:  TTRoberts Number:  26520 of 88498

JLC, you wrote:

<< I get slightly different numbers using Quicken's Savings Planner.

$410/month, 16 years(192 months), 6% gives $69490.
$410/month, 16 years, 10% gives $101,811.

$31,435 lump sum, 16 years, 6% gives $43,232.
$31,453 lump sum, 16 years, 10% gives $81,643.

Possibly the difference is your interest my be compounded monthly where as I did it annually.

Nope . . . that's not it. ;-) Those number are certainly NOT correct . . . . unless there's a tax factor that is being applied some how???? I strongly suspect that Quicken is somehow automatically figuring in a tax factor. That would easily account for such a large difference.

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