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Can you solve this? For each of the following situations, Identity (1) the case as elther (a) a present or a future value and (b)
Can you solve this? For each of the following situations, Identity (1) the case as elther (a) a present or a future value and (b) a single amount or an annuity (2) the table you would use in your computations (but do not solve the problem), and (3) the interest rate and time periods you would use. (PV of $1. FV of $1. PVA of $), and EVA of $1] (Use appropriate factor(s) from the tables provided. Round "Table Factors" to 4 decimal places.) 2. You need to accumulate $12,000 for a trip you wish to take in six years, You are able to earn 8% compounded semiannually on your savings. You plan to make only one deposit and let the money accumulate for six years. How would you determine the amount of the one-time deposit? b. Assume the same facts as in part () except that you will make semiannual deposits to your savings account. What is the required amount of each semiannual deposit? 1. You want to retire after working 35 years with savings in excess of S1,600,000. You expect to save $3,700 a year for 35 years and earn an annual rate of interest of 6% c-2. Will you be able to retire with more than $1,600,000 in 35 years? d-1. A sweepstakes agency names you a grand prize winner. You can take $202,000 immediately or elect to receive annual Installments of $23,000 for 25 years. You can earn 8% annually on any investments you make. d-2. Which prize do you choose to receive? ok roncos Complete this question by entering your answers in the tabs below. Rega Reg Reg 02 Reg Di Reg D2 You need to accumulate $12,000 for a trip you wish to take in six years. You are able to earn 8% compounded semiannually on your savings. You plan to make only one deposit and let the money accumulate for six years. How would you determine the amount of the one-time deposit (Round your answer to 2 decimal places) Future Value Table Factor Present Value 5 12.000 Table Valse Based on 1200000 ReqA Reg B Reg ci Reg C2 Reg D1 Req D2 You need to accumulate $12,000 for a trip you wish to take in six years. You are able to earn 8% compounded semiannually on your savings. You plan to make only one deposit and let the money accumulate for six years. How would you determine the amount of the one-time deposit? (Round your answer to 2 decimal places Reg A Red B ReqC1 Reg C2 Reg D1 Reg D2 Assume the same facts as in part (a) except that you will make semiannual deposits to your savings account. What is the required amount of each semiannual deposit? (Round your answer to 2 decimal places.) Reg Rego Reg Ci Rag C2 Reg 01 Reg D2 You want to retire after working 35 years with savings in excess of $1,600,000. You expect to save $3,700 a year for 35 years and earn an annual rate of interest of 6% (Round your answer to 2 decimal places.) Req A Red B Reg C1 Reaca Reg Di Reg D2 Will you be able to retire with more than $1,600,000 in 35 years? Will you be able to retire with more than $1,600,000 in 35 years? Herences Reg A Reg B Rea CI Reg C2 Reg DI Reg D2 A sweepstakes agency names you a grand prize winner. You can take $202,000 immediately or elect to receive annual Installments of $23,000 for 25 years. You can earn 8% annually on any investments you make. (Round your answer to 2 decimal places.) Annual installment Table Factor Present Value Table Values are Based on: Reg A Reg B Reg CI Reg C2 Reg DI Reg D2 A sweepstakes agency names you a grand prize winner. You can take $202,000 immediately or elect to receive annual Installments of $23,000 for 25 years. You can earn 8% anually on any investments you make. (Round your answer to 2 decimal places.) Annual Installment Table Factor Present Value Table Values are based on
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