E12-24A (similar to) Question Help Janet wants to take the next five years of work to travel around the world. She estimates her annual cash needs a $25,000 (she needs more, she'll work odda). Janet beleven she can invest her savings at 10% until she depletes herunds (Click the icon to view the present value annuity table) Click the icon to view the present value table) (Click the icon to view the future value annuity table) Click the loon to view the future value table) Requirements How much money does Janet red now to find her travels? 2 Ahor checking with a number of banks, Janet leams she'll be able to invest har funds only 6%. How much does she need now to fund her travels? Requirement 1. How much more does are need now to fund her travels? Calculate how much money Janet reeds row to tund her waves (Round your answers to the real whole dolar) with the 10% interest rate, Janet reeds 1. Enter any number in the editos and then click Check Answer 2 om remaining Clear All Check Answer MacBook Air avel Reference X ves st tab able Periods und et les 1 2 3 12% 0.893 1,690 2.402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2.690 3.127 20% 0.833 1.528 2106 2589 2991 dno 5 nd hd 6 Present Value of Annuity of $1 1% 2% 3% 4% 5% 6% 8% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2.673 2577 2.487 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 4853 4.713 4.580 4.452 4329 4.212 3.993 3.791 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 9.471 8.983 8.530 8.111 7.722 7 360 6.710 6.145 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 11 255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 13.004 12.106 11 296 10.563 9.899 9.295 8.244 71367 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 22.023 19.523 17 41315.622 14.094 12.783 10.675 9.077 25 808 22.396 19.600 17 292 15.372 13 765 11.258 9.427 32.835 27 355 23. 115 19.793 17.159 15.046 11.925 9.779 4.111 4564 4.968 5.328 5.650 3.889 4.288 4.639 4.946 5.216 3.685 4.039 4.344 4.607 4.833 3.498 3.812 4.078 4.303 4494 3.326 3.605 3.837 4.031 4.192 10 11 12 13 14 15 5.938 6.194 6.424 6.628 6.811 5.453 5.660 5.842 6.002 6.142 5.029 5.197 5.342 5.468 5.575 4.656 4.793 4.910 5.008 5,092 4327 4.439 4.533 4.611 4.675 20 25 30 40 2.469 7.843 8.056 8.244 6.623 6.873 7.003 7.105 5.929 6.097 6.177 6.233 5.353 5.467 5.517 5.548 4.870 4.948 4.979 4 997 CK Ch Print Done Deal apter 12 A 17 of 19 (14 complete) HW Reference Periods 5% 14% 2 2% 1.000 2020 3.060 4.122 5.204 12% 1.000 2.120 3.374 4.779 6.353 er 4 5 3% 1.000 2.030 3.091 4184 5,309 6.468 7.662 8.892 10.159 11464 1% 1.000 2010 3.030 4.060 5.101 6.152 7214 8.286 9.369 10.462 11.567 12.683 13.809 14.947 16.097 6 7 8 9 10 4% 1.000 2040 3.122 4246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16 627 18 292 20.024 29.778 41.646 58.085 95.026 6.308 7.434 8.583 9.755 10.950 12.169 13.412 14.680 15.974 17293 24.297 32.030 40.568 60.402 Future Value of Annuity of $1 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2.060 2080 2.100 3.153 3.184 3.246 3.310 4.310 4.375 4.506 4.641 5.526 5.637 5.867 6.105 6.802 6.975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10 637 11.436 11.027 11.491 12.488 13.579 12 578 13.181 14,487 15.937 14.207 14.972 16.645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21.495 24.523 19.599 21.015 24.215 27.975 21.579 23.276 27.152 31.772 33.066 36.786 45.762 57.275 47.727 54.865 73.106 98.347 66.439 79.058 113283 164.494 120.800 154.762 259.057 442.593 8.115 10.089 12.300 14.776 17.549 20.655 24.133 28.029 32.393 37.280 16% 18% 20% 1.000 1.000 1.000 1.000 2140 2.160 2.180 2.200 3.440 3.506 3.572 3.640 4.921 5.066 5215 5.368 6.610 6.877 7.154 7.442 8.536 8.977 9.442 9.930 10.730 11.414 12.142 12.916 13.233 14.240 15.327 16.499 16.085 17.519 19.086 20.799 19.337 21,321 23.521 25.959 23.045 25.733 28.755 32.150 27.271 30.850 34.931 39.581 32.089 36.786 42 219 48.497 37.581 43.672 50.818 59.196 43.842 51.660 60.965 72.035 91.025 115.380 148.628 186.688 181.871 249.214 342.603 471.981 356.787 530.312 790.948 1,181.882 1,342 025 2.360.757 4,163 213 7,343.858 11 12 13 14 15 12.808 14.192 15.618 17.036 18.599 26.870 36.459 47 575 75.401 20 25 30 40 22.019 28.243 34.785 48.888 72.052 133.334 241.333 767.091 Print Done Clearn well Reference tabi ble Present Value of $1 nd lea Periods 1% 0.990 2 0.980 3 0.971 4 0.961 5 0.951 4% 0.962 0.925 0.889 0.855 0.822 5% 6% 0.952 0.943 0.907 0.890 0.864 0.840 0.823 0.792 0.784 0.747 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 8% 0.926 0.857 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0.463 14% 0.877 0.769 0.675 0.592 0.519 16% 0.862 0.743 0.641 0.552 0.476 18% 0.847 0.718 0.609 0.516 0.437 20% 0.833 0.694 0.579 0.482 0.402 no dhe 6 7 8 9 10 2% 3% 0.980 0.971 0.961 0.943 0.942 0.915 0.924 0.888 0.906 0.863 0.888 0.837 0.871 0.813 0.853 0.789 0.837 0.766 0.820 0.744 0.804 0.722 0.788 0.701 0.773 0.681 0.758, 0.661 0.743 0.642 0.942 0.933 0.923 0.914 0.905 0.790 0.760 0.731 0.703 0.676 0.746 0.711 0.677 0.645 0.614 0.705 0.665 0.627 0.592 0.558 0.564 0.513 0.467 0.424 0.386 0.507 0.452 0.404 0.361 0.322 0.456 0.400 0.351 0.308 0.270 0.410 0.354 0.305 0.263 0.227 0.370 0.314 0.266 0.225 0.191 0.335 0.279 0.233 0.194 0.162 11 12 13 14 15 0.896 0.887 0.879 0.870 0.861 0.650 0.625 0.601 0.577 0.555 0.585 0.557 0.530 0.505 0.481 0.527 0.497 0.469 0.442 0.417 0429 0.397 0.368 0.340 0.315 0.350 0.319 0.290 0.263 0.239 0.287 0.257 0.229 0.205 0.183 0.237 0208 0.182 0.160 0.140 0.195 0.168 0.145 0.125 0.108 0.162 0.137 0.116 0.099 0.084 0.135 0.112 0.093 0.078 0.065 20 25 30 40 0.820 0.780 0.742 0.672 0.673 0.610 0.552 0.453 0.554 0.478 0.412 0.307 0.456 0.375 0.308 0208 0.377 0.295 0231 0.142 0.312 0.233 0.174 0.097 0.215 0.146 0.099 0.046 0.149 0.092 0.057 0.022 Q.104 0.059 0.033 0.011 0.073 0.038 0.020 0.005 0.051 0.024 0.012 0.003 0.037 0.016 0.007 0.001 0.026 0.010 0.004 0.001 ick Ch Print Done wear mapter 12 HW Scor 4 17 of 19 (14 complete) X her vel Reference ur 5% an 1.050 1.103 Periods 1 2 3 4 5 3% 1.030 1.061 1.093 be 2% 1.020 1.040 1.061 1.082 1.104 16% 1.160 1.346 1.561 1.811 2.100 18% 1.180 1.392 1.643 1.939 2.288 20% 1.200 1.440 1.728 2074 2488 1.126 1.158 1.216 1.276 sey 1.159 4% 1040 1082 1.125 1.170 1.217 1.265 1.316 1 369 1.423 1480 6 7 1% 1.010 1.020 1.030 1.041 1.051 1.062 1.072 1089 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1220 1.282 1.348 1.489 1.126 1.149 1.172 1.196 1.219 1.194 1.230 1.267 1.305 1.344 1.340 1407 1.477 1.551 1.629 at na Future Value of $1 6% 8% 1.060 1.080 1.124 1.166 1.191 1.260 1.262 1.360 1.338 1.469 1.419 1.587 1.504 1.714 1.594 1 851 1.689 1.999 1.791 1.898 2332 2012 2.518 2133 2.720 2.261 2.937 2397 3.172 3.207 4.661 4292 6.848 5.743 10.063 10.286 21.725 9 10 10% 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2.144 2.358 2.594 2.853 3.138 3.452 3.797 4.177 6.722 10.835 17.449 45.259 2700 3.185 3.759 4.435 5.234 12% 1.120 1.254 1,405 1.574 1.762 1974 2211 2.476 2.773 3.106 3.479 3.896 4363 4.887 5.474 9.646 17.000 29.960 93 061 14% 1.140 1.300 1.482 1.689 1.925 2.195 2.502 2.853 3.252 3.707 4226 4.818 5.492 6.261 7.138 13743 26.462 50.950 188,884 2.159 2986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 11 12 13 14 15 1.243 1.268 1.294 1.319 1.346 1.486 1.641 1.811 2.208 1.384 1.426 1469 1.513 1.558 6.176 7.288 8.599 10.147 11.974 2436 2.826 3.278 3.803 4.411 5.117 5.936 6.888 7.988 9.266 19.461 40.874 B5 850 378.721 1.539 1601 1.665 1.732 1.801 2.191 2666 3.243 4.801 1.710 1.796 1.886 1.980 2.079 2653 3386 4.322 7.040 20 25 30 40 1.806 2094 2427 3.262 27393 62.669 143.371 750.378 38.338 95.396 237.376 1.469.772 fields Print Done COR