Amanda wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $35,000 (if she needs more, she will work odd jobs). Amanda believes she can invest her savings at 10% until she depletes her funds. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. How much money does Amanda need now to fund her travels? (Round your answer to the nearest whole dollar.) With the 10% interest rate, Amanda needs $ 152,425 Requirement 2. After speaking with a number of banks, Amanda learns she will only be able to invest her funds at 6%. How much does she need now to fund her travels? (Round your answer to the nearest whole dollar.) With a 6% interest rate, Amanda would need $ L i Reference Reference Present Value of $1 Periods | 1 120 1.311 - 497 0352 "") } -- www OOOOO - --- 1.606 1338 -- 3394 ..... 8654 - -- 5. LTDF Future Value of Ordinary Annuity of $1 Fince) | 2 | 3 | 4 | 5% | 6 | 7 | | | | | 14.1 15% 1000 T1000 T1000 T1000 11.000T 1.000 T1000 11.000 11.000 T1.000 11.000 1000 | 2020 2030 | 2.040 | 2.050 | 2060 | 20 | 200 | 200 120 2.140 3030 3.060 || 3.122 | 3153 3184 | 13215 | 13.245 |3278 | 330 | | 3374 4060 4.122 4226 | 4.310 14.375 | 4.40 4506 | 14573| 45.1 | 4.79 5.416 5.526 | 5637 5.751 5867 5.985 16.105 16.53 5533 | 6802 | 6975 7.153 7.336 | 1.523 | 7.716 8.15 13.142 3923 19200 | 9487 10.09 9214 9549 9857 1.03 11.4. 12.30 11.03 149 13.02 13.58 12.58 313 12.81 13.9 13.41 1.19 | 53 1.68 1552 15.37 7.09 729 18.54 6.392 064 0475 -- Oo dmi suibbo F 7.78% 8.530 1.78 --- 1056 120 415 755 1.116 - - 1.21 20s 1.136 1.294 SCB2W/ 3 .iiiii - 0275 - 2267 --- -F-22 297 2750 - to to to to to on on on |||35oir inch Flicais - -- Present Value of Ordinary Annuity of $1 | Pences | % | 2% 3% [46] 5% ] 67 |7%, | 89% | 98 | 10% | 12% | 14 | 15% 167% | 18% 20%, 090 | 0.90 10971 | 0.952 0952 | 0.943 097 10.209 | 0.89 10.37 10.870 10.862 10847 10833 1970 | 1942 | 1913 | 1.86 | 1859 1.759 | 1.736 | 1.690 | 1.647 | 1.625 | 1.605 | 1.566 | 1.528 | 2.88 | 2828 | 275 | 2.723 | 2322 | 2283 | 2246 | 2.174 | 2.106 3.717 3.630 ) 3546 2.914 2.85 | 2.798 | 2.590 4.580 4.452 4.329 3.433 3352 | 327/ 5417 5242 5.076 3.85] 3.78 | 3.5685 | 3498 6.002 5.86 4. 160 | 4038 7.020 6.733 6.463 4.487 4.34. 7435 | 7.108 4.72 14.607 8.11 7.722 4.833 9787 13253 ) 8.760 | 8.206 9954 9.85 | 8863 | 1.348 | 10.635 | 9.986 |9394 | 8853 13.004 | 12.106 | 1296 | 10.563 | 99 13295 | 12.849 | 1938 | 118 | 10.380 | 2561| 1652|10838 | | 10 106 | 13.166 | 12.166 | 11.274 | 10477 5.745 12.59 | 11.590 10.828 10.059 | 5818 13.134 | 12.085 | 1.158 | 5. 198 | 5877 13.50 | 12.462 | 11470 054 6.259 5.929 | 1.764 | 12.042 | 12.303 | 1.272 16.95 | 15247 | 13.799 12.50 | | 1.469 6.835 1743 | 15.522 | 14.094 12.783 | 1.654 17.877 | 15 983 | 14.375 | 13.003 11.826 18327 | 16.30 | 1.543 | 1987 18.74 | 16.63 | 14.88 | 1346 | 12.137 | 19.188 | 16.984 | 15.141 | 13.591 | 12.278 1158 | 22.35 | 13.600 | 17292 | 15372 | 13765 | 12.49 | 23.15 | 19793 | 17.1959 | 15.046 | | 132| 1.925 10.757 7.105 5.548 | 31.24 | 25.730 | 21482 | 18 255 | 15.762 | 13.80 | 12 23 | 10.962 | 9915 | 8.04 | 7.133 6.61] 6.246 | 5.54 | 49 -- W_ 5712 Lo to to too on || 0 35 cich colori 3159 -- -- - -------DDDDDDDDDD55 | 0331 |Ferics | 17. | 2 | 3 | 4 |5 | | | | 9 | 10 1 12% | 14% | 15% | 16| 18: 10 106010571 12 10:21:43 105 11:17 10:00 18 10 10870 10810A 0.80 | 0351 | 0.343 | 0.325 | 0.0T | 1890 10.873 | 1857 | 0.842 | 0.826 | 0.797 | 0.765 | 0.75% | 0.743 | 0718 0971 | 0.42 | 0915 | 0.88 | 0.264 | 0.840 | 0.816 0.79. | 0.72 | 0.751 | 0.712 | 0.65 | 0.658 | 0.641 0509 0531 | 0.92 | 0 10855 10822 | 0.792 10.763 | 0.708 | 0. 63 | 0636 | 0592 | 0572 | 0552 | 0516 0951 | 0.506 | 0.863 | 0822 | 0.784 | | 0.747 | 0.650 10621 10.557] 0519 10497 | 0476 | 0437 0.2542 | 0.888 | 0837 10.790 | 0.746 0.705 10.666 | 1596 | 0554 | 0.507 0.456 | 0432 0410 0370 0.933 | 1871 | 0.813 0.760 10.711 0.665 0547 | 0.53 | 0452 10.400 | 0.376 | 0314 0923 | 1853 | 0.789 | 0.731 | 0677 0.527 0.502 | 0467 | 0404 0351 | 0327 | 0305 | 0266 0.314 | 1837 | 0.766 ) | 0.70 | 0.45 0592 0.54. 0.460 | 0.42. 0361 10308 | 028. | 0263 | 0225 0.505 | 1820 0.744 | 0676 | 0.614 0.558 0422 | 0386 0322 0270 0247 0227 | 0191 0.896 | 0.804 | 0.722 | 0.650 | 1.85 | 0.527 | 0.38 | 0350 | 0287 10237 | 0215 | 0.195 | 0.162 0.887 | 0.788 | 0.701 | 0.625 10.557 0497 0.44. 0356 | 0319 | 0257 | 0.208 | 0.187 | 0.168 | 1137 1.8TS | 173 | 0.681 | 0.601 | 0530 0469 0415 0325 | 0290 | 0229 ) 0.182 10.163 | 0.145 | 0.116 0.870 | 0.758 | 0.551 | 057 | 0.505 0442 0388 0299 | 0263 | 0205 0.150 10.141 10.125 1009 10.851 | 0.743 | 0.642 | 0555 | 0.481 0417 0.362 | 0235 | 0.183 ) | 0.140 | 0.123 | 0.108 | 0.084 0.85 | 0.728 | 0.52% |0534 | 0458 0394 039 0252 | 0218 | 0.163 | 0.128 | .17] 2.03 | 0.071 0.844 | 0.714 | 0.505 10513 0436 0371 0317 0231 | 0.198 | 0.146 | 0.108 | 0.00 | 0.00 | 1060 0836 | 0.700 | 0537 0494 | 0416 0.350 0296 [0212 ] 0180 10.130 10.095 | 0.1081 | 006 10051 0.828 | 0.686 | 1.570 | 0475 0396 0277 0194 | 0.164 | 0.16 10.083 | 0.070 | 2060 | 0.043 0820 | 0.673 | 0554 | 1456 | | 0.37 0312 0258 | 0.178 | 0.145 | 0.104 | | 0.073 | | 0.01 | 0.051 | 0037 10.811 | 0.660 | 0538 | 0.39 | 0359 | 0294 0.199 | 0.164 | 0.135 | 0.093 | 2064 | 0.053 | 0.04. | 0031 0.803 | 1647 | 1522 | 1422 | 0342 0.278 0226 0.184 | 0.150 10.128 10.00 | 0.056 | 0.046 | 0.08 | 0025 0.795 | 0.634 | 1.507 | C406 | 0326 0262 0211 0.170 18 10 117 107A | CAS Tend] | 0.003 | 0022 | 0622 | 0492 10390 10310 0247 0197 | 0.126 | 0.102 | 0.066 | 0.043 | 0.035 | 0028 | 0019 | 0.610 0478 | 035 | 0295 | 0.23 | 0.184 0059 | 0038 | 10.030 | 0.02. | 2016 | 0598 0454 | 0331 | 0281 | | 0220 | 0.172 ) 0135 | 106 | 0.08. | 0.053 | 0.033 | 0.025 | 0021 | 0.014 | 0.50 | 0347 | 0268 | 0207 10.151 0.125 | 0.098 | 0.076 | 0.047 0.02 | | 0.023 | 2018 | 2011 0.57] 057A | 0437 | | 0 8 | 0.25 | 0.196 | 0.150 0.116 | 0.00 10.065 | 0.042 10.02 | | 0.020 1 0.016 ] 2010 | 0563 | 0.424 | 0321 | 0243 | 0.185 | 0.141 ) | 0.107 | 0.082 | 0.063 | 0.037 | 10.022 | 007 | 2014 | 0.008 | 0.552 | 042 | 0.308 | 0.231 | 0.174 | 0.131 | 0.00 | 0.075 | 0.057 | 0.03 | | 0.020 | 2015 | 0.012 | 2007 | 0453 | 1307 | 0208 | 0.142 | 0.097 | 0067 | 0.046 | 0.032 | 0.022 | 0.011 | 0.005 | 0.004 | 0.003 | 0.001 | 0.608 | 0372 | 0228 | 0.141 | 0.087 | 0.054 | 0.034 | 0.021 | 2013 | 0.09 | 2003 | 0.001 | 2001 | 2001 Future Value of $1 1. | 2. | 4 % 12%] 14% | 15: 1020 1.50 11.40 1.060 11.060 | 1.070 11.080 1.00 | 1.100 1. 120 | 1.140 ) | 1.150 1.051 1.082 1.103 1171 145 1.210 1.254 1.00 1.323 1.083 1.125 1158 1191 1.31 1.482 1216 ) 1252 1.276 1.338 1.403 1340 1.413 1.501 1407 1.504 1.477 1.594 1.718 1551 1.689 1629 1.791 1.957 1.243 1.710 1898 2.105 1.127 1.268 1.796 2012 2.252 1.886 2133 1.145 1980 2.579 4887 6261 1.161 2.079 5474 7.138 2952 8.137 9276 3.80 10.58 3026 3617 8.613 12.06 3207 9546 2786 4.141 2.925 3.072 3820 3.25 3.86 | | 4.292 | 5.427 36 4.549 3733 3920 | 5.112 6.549 4.116 5418 7.114 1586 3243 4.22 5.743 2.612 1327 1745 | 4801 | 7.040 | 10.25 | 14.97 21.72 | 3141 | 45 26 8.05 188.9 | 2.692 | 4.84 | 1147 | 18.42 | 29 46 | 46.90 | 14.36 | 74| 2890 | 7002 | 1084 - 123456789UHww283 mm 345678gp=22%82% 95889 223455789NHUBBUBBwww82 2345 6789BH22B9www995 989%m se 1*-*-... --shTasDB%92mmhm %85%88%M5%a - - 5.5 to in 89m=22UB548288589 - 2001 - U - 2653 30 10242 - -- 10335 3400 - - - 0.158 | ---5555.1.... EL3E95-9-15) cos ALUE 3604 4.04g 0333 - 4.430 4.241 5072 -- The - ? - 16.44 | 185/ ooooooooooooooon on oioi 056 - - s= -- | 33 14.322 5.807 621/ - 6673 5 5.canshargian a 91.02 104.8 120.4 7954 1383 8850 | 182 158.7 98.35 1819 8.32 | 1503 102.7 121.1 169.4 23.5 8 40 1130 1342 2729 5257 1241 | 1485 6.4 136.3 | 164.5 | 241.3 | 60 40 | 120.8 3379 | | 4.26 | 1.79 64.46 | 8. 58 | 128 | 152.7 | 20923 | 20.3 | 4065 | 573.8 | 815.1 | 1.164 | 2400 | 4995 | 7218 51.11 62 20183 y C | 3.21 D 42.95 297 | 0672 D %%% | 1507 | 2146 55555 2679 D-- 407 758 56 13 312.1 3563 13.2 | 7571 | 1258103 4 1540 95 | 2591 Print Done Print Done Check Answer TA