And you want to really at age 54 You plan to save one of the following two gos (1) 3.500 a you beginning with you are 24 anfonding when you are 4 years) or (2) wait until you are 3910 st saving and then save $7.800 per year for the next 15 years. As you wil een the stock market average of 10 per year Click the icon to view the future valeant factor table> Click the icon to view the future value for table) Click the costo view the present Valenty factor Click the conto Vw.thepvatre factor table Read the remonts CE Requirement 1. How much out of pocket call you live under the option Calculate how much out-of-pode you will nevestunder the two colo Option 1 517.000 Option 1 117 000 Requirement 2. How much sings will you have multed tapet under the two option? Colete the total attentives that you will have accumulated at age 54 under the two option Round the wings to the window wount) my best and then cho Requirements 1. How much out-of-pocket cash will you invest under the two options? 2. How much savings will you have accumulated at age 54 under the two options? 3. Explain the results. 4. If you let the savings continue to grow for eight more years (with no further out-of-pocket investments), under each scenario, what will the investment be worth when you are age 62? Print Done $4 (30y 2% 16% 1.000 2.160 3506 5,066 6.877 18% 1.000 2.180 3572 5.215 7.154 6.468 Future Value of Annuity of $1 Periods 1% 3% % 5% 6% 8% 10% 12% 14% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1000 1.000 Period 2 2010 2020 2030 2.040 2050 2.060 2080 2.100 2.120 2.140 Period 3 3.0303.060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 Period 4 40604.122 4.184 4.246 4.310 4.375 4.506 4.641 4779 4921 Period 5 5.101 5.204 5,309 5.416 5.526 5.637 5.867 6.105 6.353 6.610 Period 6 6.152 6.308 6.633 6.802 6.975 7336 7.716 8. 115 8.536 Period 7 7.214 7.434 7.662 7.898 8 142 8 394 8.923 9.487 10.089 10.730 Period 8 8.2868.583 8.8929.214 9.549 9.897 10.637 11.436 12 300 13.233 Period 9 9.369 9.755 10.159 10.583 11.027 11.491 12488 13.579 14776 16.085 Period 10 10 462 10.950 11464 12.006 12578 13.18114 487 15 93 17549 19.337 Period 11 11.567 12. 1691280813.486 14.207 14972 16,645 18.531 20655 23.045 Period 12 12.683 13.412 14.192 15.026 15917 16.870 18.977 21 384 24 133 27 271 Period 13 13 809 14680 15.618 16.62717 71318.882 21.49524 523 28 029 32089 Period 14 14947 15 974 17.086 18 292 19.59921016 24 215 27 975 32 393 37581 Perlod 15 16.097 17 29318.59920.02421.579 23 276 27 152 31.772 37 280 43842 Period 20 22019 2429726.870 29.778 33066 36786 45.782 57 27572052 91.025 Inara 0242 EN X 4722 KODE 2 122221 HOA 20% 1.000 2.200 3.640 5.368 7.442 9.930 12.916 16.499 20.799 25.969 9.442 12.142 15.327 19.096 23 521 8.977 11.414 14240 17,519 21 321 25.733 30.850 36 786 43.672 61.560 28.756 32.150 34.931 39.581 42219 48 497 50.818 59.196 60.965 72035 146.628 186.688 TA 2740 115,380 ONA Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2.010 2020 2.030 2.040 2.050 2060 2.080 2.100 2.120 2.140 2.160 2.180 2.200 Period 3 3.030 3,060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.640 Period 4 4.060 4.122 4.1844.246 4.310 4.375 4,506 4.641 4.779 4.921 5.066 5.215 5.368 Period 5 5.101 5.204 5.309 5.416 5.526 5.637 5.867 6.105 6.353 6.610 6.877 7.154 7.442 Period 6 6.152 6,308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.930 Period 7 7214 7.434 7.662 7.898 8.142 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.916 Period 8 8.286 8.583 8.892 9.214 9.549 9.897 10.637 11.436 12.300 13.233 14.240 15.327 16.499 Period 9 9.369 9.755 10.159 10.583 | 11.027 11.491 1248813.579 14.776 16.085 17.519 19.086 20.799 Period 10 10462 10.950 11464 12.006 12.578 13.181 14.48715.937 17.549 19.337 21.321 23,521 25.959 Period 11 11.567 12.169 12.808 13.486 14 207 14.972 16.645 18.531 20.655 23.045 25.733 28.756 32.150 Period 12 12.683 13.412 14 192 15.026 15,917 16.870 18.977 21.38424.133 27 271 30.850 34.931 39.581 Period 13 13.809 14.680 15.618 16.627 17.713 18.882 21.495 24,523 28.029 32 089 36.786 42.219 48.497 Period 14 14.947 15,974 17.086 18.292 19.599 2101524 215 27.975 32 393 37.581 43,672 50.818 59.196 Period 15 16.097 17 29318.599 20.0242167923276 27,152 31.772 37280 43.842 51.660 60.965 72.035 Period 20 22.019 24 297 26.870 29.77833,066 36.786 45.762 57 275 72052 91.025 115.380 146.628 186.688 Period 25 28 243 3203036.459 41.646 47.72754.855 73.108 98.347 133 334 181.871 249.214 342.603 471.981 Period 30 34785 40,568 47.57556.085 66.43979.058 113.283 164 494 241,333 356.787 530.312 790.948 1,181.882 Period 40 48.886 60.402 75401 95.026120 800 154.762 259.067 442.593 767 091 1,342.025 2,360.757 4.163.2137.343.868 Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 1.970 1.942 1913 1.886 1.859 1.833 1.783 1.736 1.6901.647 1.605 1.566 1.528 Period 3 2.941 2.884 2829 2775 2.723 2.673 2577 2.487 2.402 2.322 2.246 2.174 2.106 Period 4 3.902 3,808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 Period 5 4,853 4713 4580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 Period 6 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4,355 4.111 3.8893.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.288 4.039 3.812 3.605 Period 8 17.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 Period 9 8.566 8.162 7.786 7.4357.108 6.802 6.247 5.759 5.328 4.946 4 607 4,303 4.031 Period 109471 8.983 8.530 8.111 7.722 7 360 6.710 6.145 5.650 5.216 4833 4.494 4.192 Period 11 10.368 9.7879.253 8.760 8.306 7.887 7.139 6,495 5.938 5.453 5.029 4.656 4.327 Period 12 11.255 10.575 9.954 9.385 8863 8 384 7.536 6.814 6.194 5.6605.1974.793 4.439 Period 13 12 134 11348 10 635 9.986 9.394 8.853 7904 7 103 6 424 5.842 5.342 4910 4.533 Period 14 13.004 12 106 11.296 10.563 9.899 9.295 8.244 7.367 6 628 6.002 5468 5.008 4.611 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 6.142 5.575 5.092 4.675 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 6.623 5.929 5.363 4.870 Inarin 1222 14242.5 702162202 Boza # 548 Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1736 1.690 1.647 1.605 1.566 1.528 Period 3 2.941 2.884 2829 2.775 2723 2673 2.577 2487 2.402 2.322 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 Period 5 4.853 4.713 4.580 4.452 4329 4212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 Period 6 5.795 5.601 5.417 5.2425.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.0025.786 5.582 5.206 4.868 4,564 4.288 4039 3.812 3.605 Period 8 7.652 7.3257.020 6.733 6.463 6.210 5.747 5.335 4.968 4.6394.344 4.078 3.837 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6 247 5.759 5:328 4.946 4.607 4.303 4.031 Period 10 9.471 8.983 8.530 8.111 7.7227.360 6.710 6.145 5.650 5216 4.833 4.494 4.192 Period 11 10.368 9.787 9253 8.760 8.306 7.887 7.139 6,495 5.938 5.453 5.029 4.656 4.327 Period 12 11.255 10.575 9.954 9 385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 4.439 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7 103 6.424 5.842 5.342 4.910 4.533 Period 14 13.004 12.106 11.296 10.563 9899 9.295 8 244 7.367 6.628 6.002 6.468 5.008 4.611 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7 606 6,811 6.142 5,575 5.092 4.675 Period 20 18.046 16,351 14.877 13.590 12.462 11:470 9.818 8.514 7 469 6.623 5.929 5.363 4.870 Period 25 22.023 19.523 17.413 15.622 14.094 12.783 10,675 9.077 7 843 6.873 6097 5.467 4.948 Period 30 25 808 22.396 19.600 17.292 15,372 13.765 11 258 9.4278.056 7.003 6.177 5.517 4.979 Period 40 32 835 27 356 23.116 19.793 17.15915046 11.926 9.779 8,244 7 105 6.233 5.548 4.997 Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 Future Value of $1 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 1010 1020 1030 1.040 1.050 1.060 1.080 1.100 1.120 1.140 1.020 1040 1.061 1.082 1.103 1.124 1.166 1.210 1.254 1.300 1.030 1,061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.041 1.082 1.126 1.170 1.216 1.262 1.360 1.464 1.574 1.689 1.051 1.104 1.159 1.217 1.276 1.338 1.469 1.611 1.762 1.925 16% 18% 1.160 1.180 1.346 1.392 1.561 1.643 1.811 1.939 2.100 2.288 20% 1.200 1.440 1.728 2.074 2.488 1.062 1.126 1.194 1.265 1.340 1.072 1.149 1.230 1.316 1.407 1.083 1.172 1.267 1.369 1.477 1.094 1.195 1.305 1423 1551 1.105 1.219 1.344 1.480 1.629 1.419 1,504 1.594 1.689 1.791 2.986 3.583 4.300 5.160 6.192 4.411 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Innen 1.116 1.127 1.138 1149 1.161 1.243 1.268 1.294 1.319 1.346 1,384 1426 1.469 1513 1.558 1.539 1.601 1665 1.732 1.710 1.796 1.886 1980 2079 1.898 2.012 2.133 2.261 2.397 1.587 1.772 1974 2.195 1.714 1949 2,211 2.502 1.851 2144 2.476 2.853 1.999 2.358 2.773 3.252 2.159 2.594 3.106 3.707 2.332 2.853 3.479 4.226 2.518 3.138 3.896 4.818 2.720 3.452 4.363 5.492 2.937 3.797 4.887 6.261 3.172 4177 5474 7.138 4.661 6.727 9.646 13.743 25 17 20 2.436 2.700 2826 3.185 3.278 3.759 3.803 4.435 5.234 5.117 6.176 5.936 7.288 6.886 8,599 7988 10.147 9.266 11.974 19.461 27.393 7430 8 916 10.699 12.839 15.407 1.801 1486 2.191 1220 1000 1.806 04 2.653 2 506 3.207 38.338 020 1 RAT BER non DAO on 074 ANA Period 1 1.010 1.020 1.030 | 1.040 1.050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 Period 2 1.020 1.040 1.061 1.0821.103 1.124 1.166 1.210 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1.728 Period 4 1.041 1.082 1.126 1.170 1.216 1.262 1.360 1.464 1.574 1.689 1.811 1.939 2.074 Period 5 1.051 1.104 1.159 1.217 1.276 1.338 1.469 1.611 1.762 1.925 2.100 2.288 2488 Period 6 1.062 1.126 1.194 1.265 1.340 1.419 1.587 1.772 1.9742.195 2.436 2.700 2.986 Period 7 1.072 1.149 1.230 1.316 1.407 1.504 1.714 1.949 2 211 2.502 2.826 3.185 3.583 Period 8 1.083 1.1721.267 1.369 1.477 1.594 1.851 2.144 2.476 2.853 3.278 3.759 4.300 Period 9 1.094 1.1951.305 1.423 1.551 1.689 1.999 2.358 2.773 3.252 3.803 4.435 5.160 Period 10 1.105 1.219 1,344 1.480 1629 1.791 2.159 2 594 3.106 3.707 4.411 5.234 6.192 Period 11 1.116 1.243 1.384 1.539 1.710 1.898 2.33228533.479 4.226 5.117 6.176 7430 Period 12 1.127 1.268 1.426 1.601 1.796 2.012 2.518 3.138 3.896 4.818 5.936 7.288 8.916 Period 13 1.138 1.294 1469 1.665 1.886 2.133 2.720 3.452 4.363 5,492 6.886 8.599 10.699 Period 14 1.149 1.319 1.513 1.732 1.980 2.261 2.937 3.797 4.887 6.261 7.988 10.147 12.839 Period 15 1.161 1.346 1.558 1.801 2.079 2.397 3.172 4.177 5.474 7.138 9.266 11.974 15.407 Period 20 1.220 1.486 1,806 2 191 2653 3207 4.661 6.727 9.646 13.743 19.461 27.393 38.338 Period 25 1282 1.641 2.094 2.866 3.386 4.292 6.848 10.83517.000 26.462 40.874 62.669 95 396 Period 30 1.348 1.811 2.427 3.243 4.322 5.743 10.063 17 449 29.960 50.950 85.850 143,371 237376 Period 40 1.489 2.208 3.262 4.801 7.040 10.286 21.725 45.25993.051 188.884 378.721 750,3781,469.772 Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 0.743 0.7180.694 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 / 0.579 Period 4 0.961 0.924 0.888 | 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.666 0.583 0.513 0.452 0.400 0.354 0.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.6270.540 0.467 0.4040.3510.305 0.266 0233 Period 9 0.914 0.837 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 100.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 Period 11 0896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0237 0.19 0.162 0.135 Period 126 887 0.788 0.701 0.626 0.557 0497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 Period 131 0 879 0.773 0.6810 601 0.530 0.469 0.3680 290 0.229 0.182 0.145 0.116 0.093 Period 140 8700.758 0661 0.577 0505 0.442 0.340 0263 0.205 0.160 0.125 0.099 0.078 Period 150.861 0.743 0.642 0.555 0481 0.417 | 0.315 0.239 0.183 0.1400.108 0.084 / 0.065 Period 20 0.820 0.673 0.564 0.456 0.377 | 0.312 0.215 0.14 0.104 | 0.073 0.05 0.037 0.026 RA 47. 275 NOR 222 UAB Anh n20 inte innan Dari n 700 nh nnn Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 0.743 0.7180.694 Period 3 0.971 0.9420.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.4560.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.7110.665 0.583 0.513 0.452 0.400 0.354 0.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.4040.3510.305 0.266 0.233 Period 9 0.914 0.837 0.766 0.703 0.6450.5920.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 100.905 0.820 0.744 0.676 0.614 0.568 0.463 0.386 0.322 0.270 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.360 0 287 0.237 0.195 0.162 0 135 Period 120.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 140.870 0.768 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.066 Period 200.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.1040.073 0.051 0.037 0.026 Period 25 0780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.0160.010 Period 300.742 0.5520.412 0.308 0.231 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 Period 400.672 0.453 0.3070 2080.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 4