2 Present and future value totes of The presented below 10 N FV $1 PV $1 1 1.03000 0.97087 2 1.85090 0.94250 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 71.22987 0.81309 1.26677 0.78941 9 1.39477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 151.55797 0.64186 16 1.60471 0.62317 FVA S2 PVA $2 1.2000 0.97887 2.300 1.91347 3.0999 2.82861 4.1836 3.71710 5.3091 4.57973 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53820 12.8078 9.25262 14. 1920 9.95400 15.6178 10.63496 17.8863 11.29607 18.5989 11.93794 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97887 3. 1836 2.91347 4.3091 3.82851 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13. 1920 9.53020 14.6178 10,25262 16.0863 10.95406 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Jose wants to cash in his winning lottery ticket. He can either receive fourteon 59.000 annual payments starting today, or he can receive one lump sum payment today based on a 3's annual interest rate. What would be the lump sum payment? MC GIA w 3 10 Door Present and future values of Stat 3 are presented below N FV 51 PV 51 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97887 1.0000 0.97087 1.9300 1.00000 2 1.06090 0.94260 2.300 1.91347 2.9909 1.97887 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 8.88849 4.1836 3.71710 4.3091 3.82861 5 1.1592 0.86261 5.3091 4.57971 5.4684 4.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74489 11.4639 8.53020 11. 8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13. 1920 9.53020 121.42576 0.70138 14. 1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 18.95400 14 1.51259 0.66112 17.0863 11. 29687 17.5989 11.63496 151.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.68471 0.62317 20.1569 12.56118 20.7616 12.93794 A firm leases equipment under a long term finance lease (analogous to an installment purchase) that calls for 12 semiannus payments o 40,47744. The first payment is due at the inception of the lease. The annual rate on the lease s 5% What is the of the leased asset at inception of the lease? GEW MAI Prev 3 of 18 Next > Help Sub 4. Present and future value tables of $1 at 9% are presented below. 1 2 3 4 5 6 PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 8.91743 1.09000 8.91743 1.0900 1.0000 0.84168 1.18810 1.75911 2.2781 2.0908 0.77218 1.29503 2.53129 3.5731 3.2781 0.70843 1.41158 3.23972 4.9847 4.5731 0.64993 1.53862 3.88965 6.5233 5.9847 8.59627 1.67710 4.48592 8.2004 7.5233 Ajax Company purchased a two-year certificate of deposit for its building fund in the amount of $160,000. How much should the certificate of deposit be worth at the end of two years ir interest is compounded at an annual rate of 9%? Murple Choice 5 Present and future value tables of $1 at 9% are presented below. 10 points una www 1 2 3 4 PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 0.91743 1.09080 0.91743 1.0990 1.0000 0.84168 1.18810 1.75911 2.2781 2.0900 0.77218 1.29503 2.53129 3.5731 3.2781 0.70843 1.41158 3.23972 4.9847 4.5731 0.64993 1.53862 3.88965 6.5233 5.9847 0.59627 1.67710 4.48592 8.2004 7.5233 Book Print 6 References How much must be invested now at 9% interest to accumulate to $21,000 in five years? Multiple Choice