EX2, provided are charts needed to complete the problem

Exercise 2 If you need $40000 in 14 years, how much should you set aside today? Assume an 8% annual return? $ 2,407,283.11 You know the FV and are trying to find the PV of single sum (PV $1 table). Exercise 3 if you invest $8000 each year for 40 years, how much will you have at the end of 40 years assuming a 9% annual return? $86,056.00 You're investing the same amount each year, so you know it is an annuity. Since you want to know what you'll have in the future, you use the future value of an annuity table. = = = == merge Center - S - % Formatting Styles Enel Form Font Table Styles Alignment Number X =1/(1+$2)^$A16 A B C D E F G H I K L M N O P Q R S T U Present Value of $1 8% 991011121314151617181920 900 0911 0 3 35 0917909101019 S 377 8700862 01855 0347 01840083 0 900 0961 0943 0925 0907 00 0373 0857 032 0312 0797783 709 0.756 0.745 0731 0718 0.7060694 30971 0942 0915 8090864013400316 0794 077275110731 07120693067506580 641 0624 060905930579 40.961 0924 0 BBB0355 0.025 0.79207630 735 705 063 0659 06360613 5520.572 0.552 0534 051604990482 50.951 0906 03630 822 0.784 07670713 0681 650 00153 04670543 0.519 0.497044780456 0437 0.419 0.402 6 2 0 0 370790 0.746 0705 0606063003905601 055 02460049602420100300 0.370 0.3520335 7 0 933 0.871 0813 760 0.7110.605 0623 0583 0.567 051304200520.425 0.400 0.376 354 033 0314 026 0279 Bl093 0853 0700 731 0677 070420 540 050206070614 0.54 0376 0351 1270 1050 2050 260 249 0233 90 914 0837 07060703 06451 052 0544 0500 4600 4240301 0103330308 0284 023 0243 02250209 0194 100005 0020 0744 0676 06140 sos 0463 0422 0386 02 0332 260 2700 2470 227 02000191 0176 0162 11026 01304 0722 6500050327 04675 00 0 2001702702610137 021510105 0170120 1430 135 1210587 07 701625 0557049704440397 0356 0319 026 0257 0231 02080187 188 151371240112 130879 0773 0681 016010510090615 0329000202041163 0100115 104 1033 140370 058 01577 505442 0002990263 022 020515118001410201110099030078 150381 741 42 0410417 0275 0.2390 2090.163 1600 16001230108 005 004 00740085 1607353 0720020534 0745003940359032 0252 021008016141012310709506107100620654 1710344 0714 065 051304360371 03170270 0231 0.1980 170 010501250108 00930 050 0089 0050 00520045 180336 0700 587 0.44 0.4160350 02060 250 0212 0.130 0.153 0.1 0111 0005 0.081 0.00000600051 0044 0.038 19 0828 0 680 570 0475 0.396 0331 0277 0232 0.194 0.154 0.18 0116 0098 0083 00700050 0.05100430 037 0031 200320 0.673 05540456 0 377 0312 0.250 02150178 0.14 0.124 104087 0073 0.061 0.051 0.043 0037 0.031 0.026 251 0.780 06100478 375 0295 02330 0146011602074 0 0270030003000240600016 0013 0.010 3007420552 0.412 0.308 0.23 0.174 0.131009 0075 0.057 0044 0.03300200020 0.015 0.0120.000 0007 0.005 0.004 350705 0500 035 0.253 0151 0.130 009400080049 0.03600001000140010 0.008 0006 004 0003 0.002 0.002 400672 0.453 0.307 0.208 0.142 0.097 0067 0.046 0.032 0.022 0.015 0011 0008 0.005 0004 0.003 002 001 0.001 0.001 1-12 DQ 05 EX PR BYN in-dass PVA Table FVA Table PV Table FV Table ... Page 1 of Type here to search - Future Value of an Ordinary Annuity of $1 - - 9 0 757 323 727 14.2407737527 15.302 5.433 5 R21756 620 0421 2 2021 24 25 197 20130207 2 1704645 17.560 1851 13561 21655 210122045 2434 25.1733 2720021705 406 12 SE EN 1412 1021031 + 1 | | | | | | | | | | | | | | | | | | | | | | | # # 4 4 4 4 4 4 4 41947 154 170622 959921052250 2025 0127915 30 35 2191 4 3751 40 505 43672 4730501 441 9136 0 1 0539 200242157322278253 2313177234405 3720417 4334247.505 165 27205 5 20 21 22575 0 000 02 2001 595030211 00 55 05 05 10 140 200 2 20698 25342820 8033750 370 055450 1 3731 501571573 0 6 2140 22 25545 282300 7 5040301555055750 75 147869441 527 276 SIE TE T E UNSER REND 17 01 402 403 45 9 500 to 1 90633780 425521837670 TO 19 1420 7710 1 3 1 7 509 2006