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Harian Dog Care Co. wants to finance a new animal shelter by making four annual deposits into a fund earning 5% compounded annually. The first

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Harian Dog Care Co. wants to finance a new animal shelter by making four annual deposits into a fund earning 5% compounded annually. The first two deposits are to be $23,000 each and will be paid at the beginning of the next two years. The last two deposits are to be $31,000 each and will be paid at the beginning of the last two years. Requirement What is the cost of the new animal shelter? (Use the present value and future value tables, the formula method, a financial calculator, or a spreadsheet for your calculations. Use the same method for all calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XXXXXX Round intermediary currency computations and your final answer to the nearest cent, $X XX) The cost of the new animal shelter amounts to $ Future value of $1 392 Future Value of $1 Periods 192 2% 4% 5% 6% 7% 8% 98 10% 119 120 1 10100011102000 10300 104000 105000 1.08000 107000 1.08000 09000 10000 11000 112000 2 1.020101.040401.0609010816010250 112360 1.14490 1.16640118810 1.21000123210 1.25440 103030 1.05121109273 1.12486 1.15763 1.19102 122504 1.29503 133100 135763140493 4 104060108243.12551 1 16936 121551 126248 131080136049141758 146410 151807 157352 5 1051011.104081 15927 121665 127628133823 140255146933 1.53862161051 168506176234 6 1.06152128161.19405126532 134010141852150073 158687 167710 177156 1.87041 1.97382 1072141 14869|1.229871131593 140710151363160578 L71382 1.82804194872 207616 2.21068 8 1082861 171661266771.36657147746 159385 1.71819 1.65093 199256 214359 230454 2.47596 1.09369 1.19509130477142334 155133168948183846 199900 2 17189 235795255804277308 10 | 104821 21899134392 1.48024162889 1790851967152 15892236736 2593742839423 10589 11 211567124337|1 38423153945 1.71034189830210485 233164258043 285312 3.15176 347855 12 112683|1258241.42576160103 179586 201220 2.25219 25187 2812663.13843 349545 89598 13 1136091 28361146853166507 1,885552 13293 240965271962 3.06580345227388328 436349 14 14947131948 1.51259 173168 197993228090257853 34172379750 089711 15 16092134507155797180094 207893239656275903 317217 3.842484177294746347357 son 13% 116000 1 27690 1442901 163047 184244 2081951 235261 2.65844 3.00404 339457 3,83588 4.33452 489801 5.53479 5.25427 14% 114000 1.29960 1.48154 1.68896 1.92561 2 19497 250227 285258 325199 370722 4.72623 451790 5.49241 6.26138 713754 4590 1:15000 132250 152088 174901 201136 231306 256002 3.05902 351788 404556 465239 53502 $ 15279 7,07571 8:13706 16% 1.16000 134560 156090 1.81064 210034 2.43640 2.82622 327941 380286 441144 511726 593603 6 88579 7.96752 926652 Present value of $1 Present Value of $1 Periods 1x2 22 3% 4% 5% 6% 7% 84 994 10% 11% 124 1394 1444 159 10.99010099039097087 0.96154095238 094340 093458 0.92593 0.91743 0.90909090090 0.8920608496 677190869570.0620 164 2 0.98030 0.96117 0.94260 0.92456 090703 0.89000 0.87344 085734 0.84168 0826450,81162 079719 078315 0.76947075614 074316073 3 0.97059 094232 091514 0.88900 0.86384 083962 0.81630 0.79383 0.77218 0.75131 0.73119 071178 0.69305 067497 065752 054056 052 4 096098 0.92385088849 0.85480 082270 0.79209 0.76290 073503 070343 0,68301 065873 063552 0.61332 0.59208 057175 0.55229 0533 5 0.95147 090573 0.86261 0.82193 0.78353 0.74726 0.71299 0.58058064993 0620920593450567430.54276 0.51937 0.49718 047611 045 0.94205 0887970.8374879031 0,74622 0.70496 066634 0.63017059627 0.56447 0.53464050683048032455590543233 041044 038 0.93272 087056 0.81309 075992 071068 0 665060 52275 0.58349 054703 0.51316 048166 0.45235 0.42506 0.39964037594039383 0.33 8 092346 0.65349 0.78941 073069 067584 0.62741 0.58201054027 0.50187 046651 0.43393 0.40389 037616 635056 032690 030503 0.28 9 091434 0.83576 0.76542 0.70259 064461 059190054393 050023 0.46043 042410 0.39092 36061 033289 0.30751 028425 026295 0.24 10 090529 082035 0.74409 0.67556 061391 055839 050835 046319 042241 038554035218 032197 0.29459 0.26974 0.24718 0226680200 11 9.89632 080425 0.72242 0.64958058468 052579 047509 042889 0.38753 035049 0.31726 0.2879 026070 023367 021494 919542017 12 0.88745 0.78849 0.70135 0.62460 0.55684 0.49097044401039711 0.35553 031563028584 0.256660.23071 0 20756 D: 18691 0.16346 015 13 0.87866 077303 0.68095 060057 0530320 45884 041495 0.38770 0.32616 0 28986025751 022917 0.20416 0.16207 0.16253 0.1452 0.12 14 0,86996075788 065112 057748 050507 44230038782034046 0299250263330 23199 20462 018058 15971 14133 0125200111 15 20.86139 074301 05418505552604810 041727036245 031524 0 27454 0239390 209000182700 1998 0149100 12200 10799 009 GROSSO

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