chapter 26 1

Question Help to the four years of works to travel and the world sheeran con 126,000 wil work carb she can investeringsdeler und CS the whole ekontor Couture Ordinary Roel Core now to under and you with the Mother own was he wees verdes Hotels met row to star wwwwww be 0.00 cash needs at $26,000 (if she needs more, she will work odd jobs). Carol believes she can invest of Ordinary Annuity of $1 table.) x Requirements oth 1. How much money does Carol need now to fund her travels? 2. After speaking with a number of banks, Carol learns she will only be able to invest her funds at 6%. How much does she need now to fund her travels? her ear Print Done o withdraw $26,000 per year 1 of 3 (0 complete) Reference Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 09620.952 0.9430935 0.926 0917 0.9090.893 0.877 0.870 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.9070.890 0.873 0857 0.84208260.797 0.769 0.756 0.743 0.7180.694 Period 3 0.971 0.942 0.915 088908640,8400816 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 Period 4 0.96109240888 08550.8230.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0516 0.482 Period 5 0.951 0.906 0.8630822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 Period 70.933 0.871 0813 0.760 0.7110.665 0.623 05830.54705130452 0.4000376 035403140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.5820540 0.502 046704040.3510.327 0.305 0.266 0233 Period 9 0.914 08370.766 0.703 0.6450.59205440.500 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.6140558 0508 0.463 0.422 0.386 0.3220270 0.2470 227 0.1910.162 Period 11 08960 8040.7220.650 0.585 0.527 0.47504290388 0.350 0.287 0237 0215 0.1950.162 0.135 Period 12 0887 0788 0.701 0.625 0.557 0.49704440397 0.356 0.3190 257 0208 0.187 0.168 0.1370.112 Period 13 0879 0773 0.681 0.601053004690415 0.368 0.326 0.290 0229 0.182 0.163 0.145 0.116 0093 Period 14 0.870 0.758 0.661 0.5770.505 0.442 0.3880340 0.299 0.263 0 2050.160 0.141 0.125 0.0990078 Period 15 0.861 0743064205550.4810417 03620 315 02750 239 0.183 0.1400.123 0.108 0.0840065 Period 16 0.853 0.7280623 0534 04580 39403390292 0.252 0218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0844 0714 0.605 0513 0.4360371 0.3170 2700 2310.1980.146 0.108 0.093 0.080 0.060 0.045 Period 18 0.836 0700 0.587049404160350 0.296 0 250 0212 0.180 0.130 0.095 0.091 0.069 0 051 0.038 Period 19 0828068605700475 0.396 0331 02770232 0.194 0.164 0.116 0083 0070 0.060 0.043 0.031 Print Done o hp 1 of 3 (0 complete) 0 Reference 5% Future Value of $1 Penods 1% 2% 3% 4% 6% 7% 8% 9% 10% 12% 14% 15% Period 1 1010 1.020 1030 1.040 1050 1060 | 1.070 1.080 1.090 1.100 1.120 1140 1.150 Period 2 1.020 1040 1061 1.0821.103 1.124 1.145 1.166 1.188 1.210 1.254 1.300 1.323 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1521 Period 4 1.041 10821.126 1.17012161 262 1.311 1360 14121.464 1574 1.689 1749 Period 5 1051 1.104 1.159 121712761338 1.403 1.4691539 1.611 1.762 1.925 2011 Period 6 1062 1.126 1.194 1265 1340 1419 1501 1587 1.677 1772 1974 2.1952 313 Period 7 1072 1.149 1.230 1316 1.407 1504 1606 1.714 1828 1949 2211 2.502 2.660 Period 8 1.083 1.1721267 1.369 1477 1594 1718 1851 1.993 2 144 2476 2.853 3.059 Period 9 1.094 1.195 1305 1423 1551 1689 1838 1999 2.17223582.7733.252 3.518 Period 10 1.105 1219 1.3441 480 1629 1791 1.967 2.159 2.367 2594 3.106 3.707 4.046 Period 11 1.116124313841539 1710 1.89821052.3322580 2.853 3.4794226 4652 Period 12 1.1271 268 1426 1.601 1796 2012 2 252 2518 2813 3.138 3896 4818 5 350 Period 13 1.13812941469 1665 1886 2133 24102.7203.066 3.452 4363 5.492 6.153 Period 14 11491319 15131732 1982 261 257929373 342 3.798 4.887 62617.076 Period 1 161 1346 1558 18012079 2 397 27593 1723.642 4.177 5.474 7.138 8 137 Period 16 1.173137316051873 2.183 2540 2952 3.426 3.9704595 61308 137 9358 Period 17 1.184 1400 1653 1.948 2292 26933.159 3700 43285.054 6.866927610 76 Period 18 1.1961 428 1.7022026 2407 28543.380 3.996 4717 5.560 7690 10.58 1238 Period 19 1208457175421072 527 3.026 3617 4 3165142 6.118 86131206 1423 Print Done 194 i CN 1 of 3 (0 complete) i Reference Overview question 1 of 3,0 complete Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0,971 0.962 0.962 0.9430.935 0.9260.9170.9090.893 0.877 0.870 0.86208470.833 Period 2 1.970 1942 1.9131886 1859 1833 1808 1783 1759 1736 1.690 1.647 1626 1605 1566 1528 Period 3 2.9412.884 2.8292775 2.723 2.673 2624 25772531 2.487 24022 322 2283 2246 2174 2. 106 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.1703037 2.914 2.855 2798 2690 2.589 Period 5 4.853 4713 4580 4.452 4.3294212 4.100 3.9933 890 3.7913.605 3.43333523 274 3.127 2.991 Period 6 5.795 5.601 5417 5.2425.076 49174767 4.623 4486 4355 4.111 3.889 3784 3685 3.498 3326 Period 7 6728 6,472 6.230 6.002 5786 558253895 206 5.0334 868 45644 288 4160 40393.812 3.605 Period 8 765273257 020 6.733 6.463 6210 5971 57475 535 5335496846394487 434440783837 Period 9 8.566 8. 16277867.4357.108 6.802 651562475995575953284.946477246074 303 4031 Period 10 9471 8.98385308111 7722736070246.710 6 418 6.145 5.6505216 5019 4833 4.4944192 Period 11 10.3689.78792538760830678877499 7 13968056 495 5938 5453 5 234 5.02946564327 Period 12 11 255 10.575 9.95493858 863 8 384 79437 5367 161 68146 6.1945 660 5421 5 19747934439 Period 13 12134 11.348 106359.986 9394885383587 904 74877 103642458425583 534249104533 Period 14 13004121061129610.563 9899929587458244778673676.62860025 7245 468 50084611 Period 15 13 865 12849 11.938 11.118 10.3809712 9.108 8.56980617 606 68116142 58475575 5.0924675 Period 16 14 7181357812561 11652108381010694478851 83137 824 6.97462655 95456 5.6695 162 4730 Period 1715562 14 292 13.166 12.1661127410477 9763 91228544802271206373 6.04757495 222 4775 Period 18 1639814992137541265911690 10.828100599 372 8.758 8.2017.250 6.467 6.128 5.8 5.8185273 4812 Period 19 17226 15 678149241313412.0861115810336 9.6048.95083667 368 65506 1985 87753164844 Print Done Jet res Future Value of Ordinary Annuity of $1 Perods 1% 2% 3% 5% 6% 7% 8% 9% 10% 12% 14% 15% 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 22.010 2020 2030 2040 2050 2060 2070 2.080 2090 2100 2.1202.140 2.150 Period 3 3.030 3.060 3.091 3.122 3.153 3.184 3215 3246 | 32783 310 3.374 3.440 3.473 Period 4 4.060 4.122 4.1844 246 4310 4375 4440 45064573 4641 4779 4.9214993 Period 5 5.101 52045.3095416 5.526 5.6375.751 58675.985 6.105 6.35366106742 Period 6 6.152 6.308 6.468 6.633 6.8026.975 | 7.153 7336 7523 7.716 8. 11585368.754 Period 7 721474347.66278988.1428.394 8.654 89239200 9.487 10.09 10.73 11.07 Period 8 8286 8.5838.892921495499897 10.260 10.64 1103 11.44 12.30 1323 1373 Period 9 9.369 9.755 10.16 10.58 11.03 11.49 11.98 1249 13.02 1358 14.78 16.09 16.79 Period 10 10.46 10.95 11.46 1201 1258 13.18 13.82 1449 15.19 1594 1755 1934 20.30 Period 11 11.57 12 17 12 81 13491421 14 97 15.78 16.65 1756 1853 2065 23.0424 35 Period 12 12.68 13.41 14.19 15.03 1592 | 1687 178918 98 20.14 21.38 24 13 27 2729.00 Period 13 13.81 14.68 1562 16.63 1771 18.88 20.14 2150 229524 52 28.0332 0934 35 Period 14 1495 15971709 1829 19.602102 2255 2421 26.02 27.98 32 393758 40.50 Period 15 16.10 1729 1860 20.02 21.58 23 28 25 13 27.15 29.3631.77 37.28 43.84 47.58 Period 16 17 26 1864 20.16 21.82 23 66 25 67 27 89 30 32 33.00 35.95 | 4275 50.98 5572 Period 17 18 43 20 01 21 76 23 70 25 84 28.21 | 30.84 3375 3697 40.54 48.88 59.12 65.08 Period 18 19 61 2141 23 41 2565 28.133091 3400 3745 4130 4560 5575 68 39 75 84 Period 19 2081 2284 25 12 2767 3054 33.76 | 37 38 41454602 51.16 63 44 7897 88.21 Print Done O i con lo view Pre Value of Ordinary Annuity of State) LOW PULU UUSI Read the moments Requirement 1. How much money de Carol need now to fund her travels? Round your answer to the nearest Whole dollar With the rest Carles Requirement 2. Aut sing with a number of banks, Carot are the will only be able to invest herundst 6 How much does she need now to und her traves? (Rouryour awer to the naast woke dollar) has nevesta Cars would cond Caro savings are caring a lower tres (o the will need to save to be atlete wws24,000 per year