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Bill and Sally Kaplan have an annual spending plan that amounts to $ 1 0 1 , 0 0 0 . If inflation is 5

Bill and Sally Kaplan have an annual spending plan that amounts to $101,000. If inflation is 5 percent a year for the next three years, what amount will the Kaplans need for their living expenses three years from now? (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D)
Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places.

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