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Ronald has an investment opportunity that promises to pay him $54,000 in five years. He could earn a 8% annual return investing his money elsewhere. What is the most he would be willing to invest today in this opportunity? (FV of $1, PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Present value Tom and Suri decide to take a worldwide cruise. To do so, they need to save $26,000. They plan to invest $3,600 at the end of each year for the next six years to earn 9% compounded annually. 1-a. Calculate the future value of the investment. (FV of $1. PV of $1. FVA of S1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Future value 1-b. Will Tom and Suri reach their goal of $26,000 in six years? O Yes No Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1. EVA of $1. and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Annuity Payment $ 3.000 6,900 Future Value of Annuity 1. Annual Interest Period Rate Compounded invested 8.0 % Annually 90% Semiannually 9 years 12.0 % Quarterly 6 years 2 3. 5,900 5 years Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $13,500 each year for the next four years to reimburse normal school-related expenditures. Each $13,500 payment will be made at the end of the year, contingent on Tatsuo maintaining good grades in his classes for that year. Assuming an annual interest rate of 7,0%, determine the value today of receiving this scholarship if Tatsuo maintains good grades. (FV of $1. PV of $1. FVA of $1. and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Present value of annuity