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1) $1,355.69, $3,257.32, $333.09, $400

2)$400, $3,257.32, $333.09, $1,355.69, $1,627

3)$590k, $600k, $13,323.60, $23,323.60 // $23,323.60, $600k, $1,355.69, $54,227.60

Table of Future Value Annuity Factors Table of Future Value Factors Year 2% 5% 10% 8% 10% Year 5% 8% 1 1.000 1 2% 1.020 1.104 5 5 1.050 1.276 1.629 7.040 1.080 1.469 2.159 1.100 1.611 2.594 45.258 1.000 5.204 10.950 60.401 1.000 5.526 12.578 120.797 1.000 6.105 15.937 442.580 5.867 14.487 259.052 10 10 40 1.219 2.208 21.724 40 he invests the $10,000 today, the terminal value of this initial investment in 40 years (earning an average 10% eturn) will be This means that he must accumulate the remaining through his annual evings plan to obtain the full $600,000. Still assuming an average return on investment of 10%, the additional early investment required to reach Victor's targeted financial goal within 40 years is suppose instead that Victor had no capital saved and thus needed to accumulate the entire $600,000 in the next 4 rears. In this case, his annual contribution would have to be When Victor starts with an initial investment of $10,000, the total amount that he ends up contributing to accumulate $600,000 is equal to the initial investment plus the additional yearly payments, for a total of When he starts with no initial capital contribution, the amount he ends up contributing is equal the sum of all annual contributions you calculated in the no-initial-capital scenario, for a total of Once Victor has determined the annual amount he needs to save, the next step toward achieving his goal is coming up with an investment plan. True or False: The appropriate investment plan depends on the investment objective. True False