An investor has asked for your help with the following time value of money applications. Table 6-4. (Use appropriate factor(s) from the tables provided. Round the PV factors to 4 decimals.) Required: a. What is the present value of $57,000 to be received in four years using a discount rate of 10%? (Round your answer to 1 decimal place.) Present value b. How much should be invested today at a return on investment of 10% compounded annually to have $57,000 in four years? (Round your answer to 1 decimal place.) Answer is not complete. Amount to be invested 14% 16% 20% No. of Periods 10% 18% 12% 6% 8% 2% 1 2 3 4 5 0.980 0.961 0.942 0.924 0.906 0.9615 0.9246 0.8890 0.8548 0.8219 0.9259 0.8573 0.7938 0.7350 0.6806 0.9091 0.8284 0.7513 0.0830 0.8209 0.8929 0.7972 0.7118 0.6355 0.5674 0.8772 0.7095 0.6750 0.5921 0.5194 0.8821 0.7432 0.6407 0.5523 0.4761 0.8475 0.7182 0.8086 0.5158 0.4371 0.8333 0.0044 0.5787 0.4823 0.4019 0.9434 0.8900 0.8396 0.7921 0.7473 0.7050 0.6651 0.6274 0.5919 0.5584 6 7 8 9 10 0.888 0.871 0.853 0.837 0.820 0.7903 0.7590 0.7307 0.7026 0.6756 0.6302 0.5835 0.5403 0.5002 0.4632 0.5645 0.5132 0.4665 0.4241 0.3855 0.5088 0.4523 0.4039 0.3606 0.3220 0.4556 0.3996 0.3506 0.3075 0.2007 0.4104 0.3538 0.3050 0.2830 0.2267 0.3704 0.3139 0.2680 0.2255 0.1911 0.3349 0.2791 0.2326 0.1938 0.1615 11 12 13 14 15 0.804 0.788 0.773 0.758 0.743 0.6496 0.6246 0.6006 0.5775 0.5563 0.5268 0.4970 0.4688 0.4423 0.4173 0.4289 0.3971 0.3877 0.3405 0.3152 0.3505 0.3186 0.2897 0.2633 0.2394 0.2875 0.2567 0.2292 0.2046 0.1827 0.2306 0.2076 0.1821 0.1597 0.1401 0.1954 0.1685 0.1452 0.1252 0.1079 0.1619 0.1372 0.1163 0.0985 0.0836 0.1346 0.1122 0.0835 0.0779 0.0649 16 17 18 19 20 0.728 0.714 0.700 0.686 0.673 0.5339 0.5134 0.4938 0.4746 0.4564 0.3936 0.3714 0.3503 0.3305 0.3118 " => N2888 0.2919 0.2703 0.2502 0.2317 0.2145 0.2176 0.1978 0.1799 0.1635 0.1486 0.1631 0.1456 0.1300 0.1161 0.1037 0.1229 0.1078 0.0946 0.0829 0.0728 0.0830 0.0802 0.0891 0.0596 0.0514 0.0708 0.0600 0.0508 0.0431 0.0355 0.0541 0.0451 0.0376 0.0313 0.0261 21 22 23 24 25 0.660 0.647 0.634 0.622 0.610 0.4388 0.4220 0.4057 0.3901 0.3751 0.2942 02775 0.2018 0.2470 0.2330 0.1987 0.1839 0.1703 0.1577 0.1480 0.1351 0.1228 0.1117 0.1015 0.0023 0.0926 0.0826 0.0738 0.0050 0.0088 0.0838 0.0580 0.0491 0.0431 0.0378 0.0143 0.0382 0.0329 0.0284 0.0245 0.0309 0.0282 0.0222 0.0188 0.0100 0.0217 0.0181 0.0151 0.0126 0.0105 30 35 0.552 0.500 0,453 0.410 0.372 0.3083 0.2534 012083 0.1712 0.1007 0.1741 0.1301 0.0972 0.0727 0.0543 0.0094 OLOSTO 0.0450 0.0013 0.0213 0.0573 0.0050 070221 0.0137 0.0195 0.0334 0.0180 0.0107 O 061 ex 0.0196 0.0102 010053 0.0027 0.0014 40 45 0.0118 0.0055 0.0025 0.0013 0.000 0.0070 0.0030 00013 0.0000 U.COM 0.0042 0.0017 0.0007 0.0003 0.0001