(a) Compute the amount that a $35,000 Investment today would accumulate at 11% (compound interest) by the end of 7 years. (Round factor values to 5 decimal places, s. 1.25124 and final answer too decimal places, s.458,581) (Use the below table.) FUTURE VALUE OF 1 FUTURE VALUE OF A SINGLE SUM 1.4640 1.5180 1977 1.77195 1 T2 2.1439 187041 201816 1.992 34502T 471712 SOS 5550928 54355 11591 724 6.72750 e 8 725787 791108 Bros .95430 973 11.02623 13.55235 1201015173 BERNARR 9.2016 10.24508 15 O 18.10200 15.85300 18 57000 2062300 120S 17-18009 18.72841 23.22515313091 25.54767 34.75212 0 913 24 25384 25.43668 34.00905 37 40434 47.52807 52.75618 0.2154 Future Value $ [b] Tom wants to retire at the end of this year (2017). His e expectancy is 5 years from his retirement. Tom has come to you, is CPA to learn how much he should deposit on December 31, 2017 to be able [b] Tom wants to retire at the end of this year (2017) His life expectancy is 5 years from his retirement. Tom has come to you, his CPA to learn how much he should deposit on December 31, 2017 to be able to withdraw $53,000 at the end of each year for the next 5 years, asuming the amount on deposit will earn 12% interest anually. Round factor values to 5 decimal places. 1 25124 and final answer too decimal places, es 458,581.) (Use the below table.) TABLE4 Present Value of an Annuity of 1 Payments 6.00205 96154 95238 94340 093458 925939174390909 1.88609 1.85941 1.83339 1.80802 1.78326 1 75911173554 277509 272025 267301262432 257710 25111248685 3.62990 3.54595 3.46511 3.18721 1312112 1972 10 4.45182 4.32918 4.21236 4.10020 3.99271 3.88965 3.70079 5.24214 507569491732 4.76654 46228 4492 4.35526 5.78637 558238 539929 520637 5.03295 486842 6.46321 5.74664 513493 741533 710782 60169 6515216246 9 9525 5.75002 8.11090 7.721737.6009 7.02358 6.71008 6710086417 6,41766 57 6.14457 876048 864 7867 749867 71 6 0519 6.49506 938507 86125 R 14 7942675 MS 7.16073 6.81369 88526835765 7.90378 7.48690 7.10336 10 56312 989864 920499 74547 2444 773615 7 1660 11.11839 10.37966 9.71225 9.10791 8.559.45 8.06069 7.60608 11.65220 10.83777 10.10500 944665 RASIV 11256 782171 12.16567 11.27407 10.47726 976322 9.12164 854363 802155 12.65930 11.6895910 R2760 10.05009 9.371898.75563 8 20141 13.13394 12.08532 11.15812 10.33560 9.60360 895012836492 13.590331246221 11 46092 10.59401 RINIS 125 51356 1.71252 1,69005 1.62571 2.44371 2.40183 2.28323 10245 303735 2.85498 3.9590300478 3.15216 4.23054 4.11141 3.78448 4.71220 456376 416042 5.14612 4.96764 4.48732 550705 512825 477158 5.88923 5.650225.01877 6206525.93770 5.23371 6.49236 6.19437 5.42062 6.74957 6.42355 5.58315 6.9887 662817 5.72448 7.19087 681056 584737 7.37916 697399595424 7.54879 7.11963 604716 7.701627.24967 6.12797 7.839297.36578 6.19523 79111740914 6.25933 9.39357 Present Value $ Id Judy Thomas has a $2.800 overdue debt for medical books and supplies at Joe's Bookstore. She has only $790 in her checking account and doesn't want her parents to know about this debt. Joe's tells her that she may settle the account in one of two ways since she can't pay it all now 1. Pay $790 now and $1,450 when she completes her residency. 7 years from today 2. Pay $2,800 one year after completion of residency, 8 years from today Assuming that the cost of money is the only factor in Judy's decision and that the cost of money to final answers to decimal places 458,581) Use the below table) TABLE 3 Present Value of 1 n. WITY PIUS LUSSOS TITUZOU OLDU 12000 101 1 H Id Judy Thomas has a $2,800 overdue debt for medical books and supplies at Joe's Bookstore. She has only $790 in her checking account and doesn't want her parents to know about this debt. Joe's tells her that she may settle the account in one of two ways since she can't pay it all now. 1. Pay $790 now and $1,450 when she completes her residency. 7 years from today 2. Pay $2,800 one year after completion of residency, 8 years from today. Assuming that the cost of money is the only factor in Judy's decision and that the cost of money to her is 7%, which alternative should she choose? [Round factor values to 5 decimal places, s 1.25124 and final onswers to decimal places, eg 458.581.)(Use the below table.) TABLE 3 Present Value of I Periods 96154 9523894340 92456 90703 99000 89900 86384 83962 8540 8227079209 82193 78353 74726 79031 74622 70496 66506 73069 67684 62741 702596416159190 67556 61391 55819 6-1958 58465 62460 55684 C0057 53032 4686 57748 50507 44210 55526 18102 41727 53391 45811 39265 51337 43630 37136 49363 41552 35014 47464 9573 1 051 456397689 0.93458 9250391743 0.87344 85734 0.8160 .79383 77218 0.762907350370843 0.71299 0. 6 14 61017 59627 0.62275 58349 0.58201 54027 50157 0.54393 5002546043 0.50R15 .46319 42241 0.47509 42888 38753 044-001 39711 .35544 0.41496 16720 32618 038782 340.46 0.36245 31524 27454 033873 29189 25187 031657 27027 21107 0.29586 25025 21199 0.27615 23171 19449 10 11% 12 19% 90909 90000 19296 86057 82645 81162 79719 75614 751327 3119 20178 65752 6430165573 6355257175 62092 59345 56743 49718 50663 43223 51316 45166 4523537594 46651 41393 4038 32690 42410 39092 ..36061 2 8426 38554 35218 32197 24719 35000 31728 28748 21494 31863 28584 25668 18691 28966 25751 22917 16253 26333 23199 209192000016220 12289 21763 16312 10687 19785 16963 14564 09293 17956 15282 1 1004 OBOSI 16351 13768 11611 07027 .14564 12403 10367 Present Value of Alternative 1 $ Present Value of Alternative 2 $ On the present value basis is preferable. 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