Exercise B-19 (Algo) Using present and future value tables LO C1, P1, P2, P3, P4 For each of the following situations, identify (0) the case as either (of a present or a future value and (b) a single amount of an annuity, (2) the table you would use in your computations (but do not solve the problem), and (3) the interest rate and time periods you would use. (PV of \$1. EV of S1, PVA of \$1, and FVA of \$1) (Use appropriate fectorfs) from the tables provided, Round "Table Factors" to 4 decimal places.) a. You need to accumulate $17,000 for a trip you wish to take in nine years. You are able to earn 6% compeunded semlannually on your savings. You plan to make only one deposit and let the money accumulate for nine years. How would you determine the amount of the one-time deposit? b. Assume the same facts as in pert (e) except that you wil make semiannual deposits to your savings account. What is the required amount of each semiannual deposit? 1. You wart to retire affer working 30 years with savings in excess of $1,00,000. You expect to save $3,400 a year for 30 years and earn an annual rate of interest of 11% c2. Will you be able to retire with more than $1,100,000 in 30 years? d.1. A sweepstakes egency names you a grand prize winnec, You can take $221,000 immedlately or elect to receive annual instaliments of $30,000 for 30 years, You can earn 11% annually on any invostmonts you make. d-2. Which prize do you choose to recelve? Complete this question by entering your answers in the tabs below. You need to accumulate $17,000 for a trig you wish to take in nine years. You are able to carn 6% compounded semiannually the ameunt of the one-time deposit? (hound yeur aryeser to 2 decimal places i)