Del Monty will receive the following payments at the end of the next three years: $7,000, $10,000, and $12,000. Then from the end of the 4th year through the end of the 10th year, he will receive an annuity of $13,000 per year. At a discount rate of 10 percent, what is the present value of all three future benefits? Use Appendix B and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round Present value of all future benefits intermediate calculations. Round your final answer to 2 decimal places.) Appendia Premiered $1. P P V . 0062 0.525 0917 0342 0.343 0.00 0523 0.812 0.731 0.797 0.712 0.751 0.747 0.567 0.853 0837 0822 790 0.784 0745 0.713 0666 0.68% 0 530 0.650 596 0.621 0554 0.53 0535 0.766 0.744 0.722 0.804 0.404 0.361 0323 0.287 0257 0.220 0.205 0703064505920544 0.500 0.676 0614 0.53 0.463 0.650 5 0.52 0.475 0.429 0557 0444 0797 0.601 0.460 0.415 03 0577 0505 0.3880 340 555 0431 0362 0315 0534 0.4580 301 0339 0 292 Q.1 0.661 0.542 0.623 0.460 0424 0.391 0.423 036 0388 .350 0.312 0356 0219 0.326 0200 0.299 0.263 0232 0275 0.239 0209 0.252 0.210 0.18 0.231 0.198 02121800.151 0194 0164 0.13 0.17 0.149 0.124 116 0092 0074 .005 0.07 0044 0032 0.002 0015 .01 0.00 0.00 0.296 0,728 0.714 0.836 0.700 DUGE 0673 0510 0.742 0.552 0572 0453 OGOS 0.772 condanded Presentate 0.250 0587 0570 0.554 0.478 0.412 0307 0.323 494 0.416 0.750 0.475 0300 456 0377 0312 0775 0295 0.233 03080231 0.174 020801420.097 1 41 COR7 0.05 0.258 0.13 0.131 0.067 0.03 0215 0.145 0.09 0.046 0.001 0.163 0.146 0.120 0.116 0.104 0.059 0033 011 0.00 0 0 0 Appendi Period 13% 14% 15 16 17 18 19 0.88 0.877 0 .870 0.862 0.855 0.847 0.840 0.750 0.769 0.756 0743 0731 0.7180.706 0.693 0.6750 658 0641 0.624 0609 0 593 0.613 0.592 0.572 552 0534 0.515 0.499 0543 0519 0.497 0475 0456 0437 0419 0.400 0.45 0.432 04100 390 0.70 032 0.425 0.400 0.375 0.354 0.333 03140.296 0.375 0.35 327 305 0295 0255 0249 0.33 0.000284 0263 024 0225 0209 0.395 0.270 0247 0227 0208 0.11 0.176 0.261 0.237 0 215 0.15 0.17 0.162 .148 0731 0209 1670 1680 152 0.1370124 0201 017 01620145 0170516 0108 0.11 0.160 14 0.125 01110.000 0.160 0.10 0 .123 .108 0035 0.0840.074 0.141 0.123 0.107 0 093 0.08 0.071 0.062 0.125 0108 009300800069 00500052 0.11 0. 081 ODGO 0.03 0.05 0.064 0. 00 OOR30070 060 051 0.043 0.03 0.087 0.0730051 0.051 0.0430 .037 0.031 0.047 0.033 00300024 0.0200016 0.013 0026 0.02000150012 0.000 0.00 0.00 0.004 2003 2002 0.001 0.001 0.002 0.00 0.001 0.001 000 20% 25% 30% 35% 40% 50% 0.833 0.000 0.769 0.741 0714 0.594 0.640 0.52 0.549 0510 0.444 0.579 0.512 0.455 0.406 0.364 0.296 0.482 04100.350 0301 0.260 0.198 0.1020 328 0299 0223 195 0 132 0.35 0.262 0.307 16 1 33 00 0.279 0210 0.159 0.122 0095 0,055 0233 0.163 012300910068 0.039 194 0.09 0.067 004 0.025 0.162 0.073 GOSO DOS 0.125 0.086 0.056 0037 0.025 0.012 0.112 0.069 0043 0027 0018 0.008 0092 0011 00200013 0:00 0.025 GOS 000S 0.065 0.035 0.0200 011 0006 0.002 054 0028 0.015 0.008 0.005 0.002 0045 0.023 0012 0006 0.003 0.001 das 0.010 0.003 GO 0.002 0001 0.01 0.014 0.00 0.00 0.0020 0.025 0.0120.005 0.002 0.001 0 0010 0.00 0.00 0.001 0 0 0.004 0.000000 0.001 0 0 0 0 0 88 XXX And he was my P erl 42100 5417 5.786 599 C CSS 307 S SIT 7024 6710 E 14 SE 96 75167 168 1692 19 11255 12.134 13.004 105759954 95 1348 10635 12:106 11296 10563 794 8.358 9999 1413 15.662 13.573 12 2561 16 162 163 12.166 113110477 100 947 9.73 17226 15.678 43 13:14 12.005 11.10 18.046 16351 14877 13500 12462 11470 22.023 1052317413 15.632 44 1273 25.808 22 396 19600 17.292 15372 13765 323527.355 221151979317 159 15.046 9.196 144 2.730 2145218.256 15762 0. 0 54 11 1209 9.122 544 9.2 LT 604 98120.129 10675 0 1125 10.274 11350 122.33 0.963 0229.1497.120 201 7.702725 7 736 5 7 .663 7400 0T7 432 7643 2 7 6 BOSS 7 9 244 .915 9.042 304 3 01 And end ) Prentals $1 US 19 855 0 0 OES TECB YO 80 66 853 SOS 0347 OD 8 SE 197 900 140 769 15 01 20 0714 220 520 22 2210 2732742 211 2500 2100 2539 2942914 285 269 2792 157 19 20 21 2 2 215 2200 201 4 1GO T O9190222122706 7COS 2151 2002 200 4307 296 277 2729 295 292 21 61 TT 10992 S 273 3 216 015 32 6 404 42 19 2571 S LO 1 22 SO 402 641 204 .002S734 S E 1 E COTS S752229