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HELP ASAP Bridget Jones has a contract in which she will receive the following payments for the next five years: $6,000, $7,000, $8,000, $9,000. and

HELP ASAP
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Bridget Jones has a contract in which she will receive the following payments for the next five years: $6,000, $7,000, $8,000, $9,000. and $10,000. She will then receive an annuity of $12,000 a year from the end of the 6th through the end of the 15th year. The appropriate discount rate is 11 percent. a. What is the present value of all future payments? Use Appendix B and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value b. If she is offered $68,000 to cancel the contract, should she do it? O Yes O No Appendia Present value of St.PV, PV-N[!] PV=FV Period 1 2 3 4 S 9 7 . 6 10 11 12 13 888883=3*5=1 16 19 20 25 30 40 50 ww M O 15 0.990 0.900 0971 0961 0,951 0.942 0.933 0.871 0.923 0.853 0914 0.837 0905 0.820 0.896 0.887 0.879 0.870 1980 0853 0844 0.836 2% 0.000 0672 0.008 1900 I 0.947 0.924 0543 0915 0.888 0.855 0.863 0.822 0.837 0.700 0813 0.760 0789 0731 0.766 0,703 0.744 0.676 0804 0.722 0.650 0.788 0.701 0.773 0681 0.758 0.743 0.728 9000 BEWO 0.828 0820 0673 0714 0.700 0.780 0610 0.742 0552 0.453 0372 9890 31 0971 a 1990 0.642 0.623 0.605 0.587 0570 0554 0.478 0412 0.307 0228 4% 0.962 0.925 0999 6 0.625 0.557 0.601 0530 0.577 0505 0.555 0.481 0534 0.458 0513 0.436 0.494 0.475 0.454 0.375 0.308 0.208 0.141 7% 0952 0943 0.935 0.920 0.873 0857 0.864 0.840 0816 0.794 0.907 0.890 0.823 0.792 0.763 0735 0.784 0747 0713 0641 0.746 0.705 0.630 0.711 0623 0.583 0542 0540 0677 0627 0.592 0544 0.558 0.500 0.463 0.645 0614 0.500 0.585 0527 0.475 0429 0.397 0.497 0444 0.469 0.368 0442 0340 0.417 0315 0275 0.239 0.394 0292 0252 0218 0270 0231 (198 0250 0212 0.100 0232 0.194 0.164 0312 0258 0215 0.178 0.149 0233 0,184 0.146 0116 0.092 0.099 0075 0.057 0045 0.012 0022 0021 0013: 0.009 0416 0.396 0.377 19 Percent 7 5990 0.371 0.350 0331 9990 0415 0.388 0.362 0.339 0317 0.294 0277 0.231 0.174 0.121 0.142 0.097 0067 0087 0.054 0034 18 98 95 0917 0842 0772 0,700 0.483 0650 9050 0547 0502 10% 0.909 0826 0.751 1290 TPS 0,301 0812 6.731 0559 0.593 0535 0402 A 0460 0.422 0348 0356 0.326 0299 0263 0232 0564 0513 0467 0424 0386 0207 0352 0.322 0350 0317 0316 0206 0290 0258 0257 0229 0205 1640 0434 0.404 0209 0.158 0,170 0.153 0.138 0.124 0074 0044 12% 0893 0.015 0.005 0797 0712 ENG 0636 0567 0507 0452 1900 0.183 0.163 0146 0.130 0.116 0104 0059 0031 0011 0.003 XD 6:28 p. m 06/21/2022 Appendix B (concluded) Present value of $1 Period 2 3 4 5 9 7 B 6 10 11 12 13 8888: 14 15 16 17 18 19 20 25 30 40 50 13% 0885 0.793 14% 0877 0,760 0.693 0.675 0.613 0.592 0543 0.519 0.480 0.456 0.425 0.400 0.376 0.351 0.333 0.308 0.295 0.270 0.261 0.237 0.208 0.182 0.231 0.204 0.181 0.160 0.141 0.125 0.111 0.160 0.140 0123 0.108 0,095 0.083 0.073 0.038 0.026 0.020 0.008 0.005 0.002 0.001 0.098 0.087 0.047 15% 0.870 0.756 0.658 0572 497 0.432 0.376 0.327 0,284 0.247 0.215 0.187 0.163 0.141 0123 0.107 0.093 0.081 0.070 0.061 0.030 0.015 0.004 0.001 Percent 16% 17% 18% 0.862 0.855 0.847 0.743 0.731 0.718 19% 0840 0.706 0.641 0624 0609 0.593 0.579 0.552 0.534 0515 0.499 0.482 0.456 0.437 0419 0.402 0.390 0.370 0.352 0.335 0.333 0.314 0296 0,279 0249 0.233 0209 0.194 0.134 0.1761 0.162 0.107 0.285 0.266 0.243 0.225 0.208 0.191 0.178 0162 0148 0.135 0.086 0.152 0.137 0.124 0.112 0.130 0.116 0104 0093 0088 0.078 0.074 0.065 0.062 0.054 0476 0410 0.354 0305 0.263 0227 0.195 0.168 0.145 0.125 0.108 0.093 0.080 0.069 0.060 0.051 0024 0.012 0.003 0.001 0.111 0.095 0.081 0.009 0.059 0.051 0043 0.020 0.009 0.002 0 0.009 0.084 0,071 0.060 0.051 0.043 0.037 0.016 0.007 0.001 0 0.052 0.044 0.037 0031 0013. 0.005 0.001 0 20% 25% 30% 0.833 0.800 0.769 0.004 0.640 0592 0,512 0455 0.410 0.350 0.038 0.031 0,026 0.010 0.004 0.001 0.044 0035 0.028 0.045 0.023 0 0.328 0269 0.262 0207 0.165 0.133 0210 0.150 0.122 0.095 0,168 0.123 0.091 0,068 0.067 0.094 0.048 0.073 0.035 0056 0.025 0043 0.018 0.033 0.013 0.009 0.003 0.006 0.002 0.002 0.005 0.003 0.002 0.002 0.001 6900 0.055 0.018 0014 0.012 0.004 0.001 0 0 0.025 0.020 0015 0012 0.009 0.007 DOOOD 35% 40% 50% 0.714 0.667 0.741 0.549 0.406 0.301 0.223 0.186 0.510 0444 0.364 0.296 0.260 0.198 0.132 0.088 0 0.005 0.002 0.001 0.001 0 0.050 0.037 0.027 0.020 0.015 0.011 0.008 0.006 0.005 0.003 0 O 10 00000 0900 0.039 0026 0017 0.012 0.008 0.005 OoOoOoggg. 0.001 0.001 0 0 6:28 p. m Appendix D Present value of an annuilty of $1, PV Period 1 2. 3 4 5 9 7 B 9 10 11 12 13 14 15 16 17 18 19 20 25 30 40 50 2% 0.980 1.942 2.884 2.808 4.713 5.601 6.472 99% 15 0.990 1970 2.941 3902 4.853 5.795 5.417 6728 6.230 7.652 7,020 8.566 8.162 7.706 9.471 8.983 8.530 10.368 9.787 9.253 11.255 9.954 10.575 12.134 11.348 10.635 13.004 12.106 13.865 12.849 14.718 13.578 15.562 16.398 17.226 18.046 22.023 25.000 32.835 39.196 SEE'L 21 0.971 1913 2829 3717 4.580 PV = A 4% 0.962 1.886 2.775 3.630 4.452 5.242 6.002 12.561 11,652 14.292 13.166 12.166 14.992 13.754 12.659 15.678 14.324 13.134 16.351 14.877 19.523 17413 22.396 19.600 27.355 23.115 31.424 25.730 (+/ 13.590 15.622 17.292 19.793 21.482 B% 0.952 1.859 2.723 1546 6.733 7.435 8.111 8.760 9.385 9.986 9.394 9.899 11.296 10.563 11.938 11.118 10.380 10.838 4.329 5.076 5.786 Percent 11.274 11.650 12.085 12.462 14.094 15.372 17.159 18.256 0.943 1.833 2673 3.465 4212 6.463 6210 7,108 6.802 7.722 7:360 8,306 7.887 8.863 8.384 8.853 9.295 9.712 10.106 10.477 10828 11.158 11.470 12.783 13.765 15.046 15.762 7% 0.935 1.800 2.624 3.387 4.100 4.917 4.767 5582 5.389 5.971 6.515 7,024 7.499 7.943 8.358 8.745 9.108 9.447 9.763 10.059 10.336 10.594 11.654 12.409 13.332 13.801 AN 10% 9% 0.926 0.917 0.909 1.783 2577 3312 3993 4.623 5.206 1.759 1.736 1713 2.531 2487 2444 2.402 3240 3.170 3.102 3.037 3.890 3.791 3.696 4.486 4.355 5033 4.968 1.605 4231 4.712 5.747 5.535 5.335 5,146 6.247 5.995 5.759 5.537 6710 6.418 6.145 5.809 7.139 7.536 7.904 8.244 8.559 8.851 9.122 9.372 9.604 9818 10.675 11.258 11.925 12.233 SON9 6.495 6.207 7.161 6.814 6.492 7.487 7.103 6.750 6.982 7.786 7.367 7.606 7.191 8.313 7.824 7.379 8544 0.022 7.549 8.756 8.201 7.702 8.950 8.365 7.839 8.514 7.963 9.077 9.427 9.779 9.915 115 1908 9.129 9.823 10.274 10.757 10.962 0.893 8.422 11.694 8.951 9.042 0691 4.111 4564 4.940 BEE'S 5650 5.938 6.194 6.424 6620 6811 6.974 7.120 7.250 7.366 7.469 7,843 R055 8.244 8.304 Appendix D (concluded) Present value of an annuity of St Period 1 2 3 4 S 6 7 R 6 10 11 12 13 14 15 16 17 18 19 20 K 30 40 50 14% 0.877 1.647 2.322 15% 16% 17% 0.870 0.862 0.855 1.626 1.605 1.585 2,283 2.246 2210 2.914 2.855 2.798 2.743 3517 3.433 3.352 3.274 1.199 3.784 3.685 3509 4.160 4.039 3.922 4.244 3.998 3.889 4.288 4.423 4.799 4.629 4.487 5.132 4.946 4.772 4.607 5.426 5216 5019 4.833 5.453 5.234 5.029 5.660 5.421 5.842 5.583 6002 5.724 6,142 6.265 6.373 6.467 6.550 6.623 6873 7.003 0885 1.668 2.361 2974 5687 5.918 6.122 6.302 6.462 6.604 6.729 6840 6.938 7,025 7.330 7496 7.634 7.675 Percent 20% 25% 30% 35% 40% 0.800 0.741 0714 18% 19% 0.847 0.840 0833 1547 2.140 1.566 1.299 1.224 1.589 2,174 2.690 3.127 2498 2.168 2.802 2.500 2.263 0.769 1.528 1.440 1.361 2.106 1.952 1.816 1:696 2.639 2.589 2.362 2166 1.997 1.849 3.058 2.991 2.689 2436 2,220 2035 2410 3.326 2.951 2643 2.385 3112 3.706 3.605 3.161 4.207 4078 1.954 3.837 3.329 2.925 2.500 2.331 4.451 4303 4.163 4.031 3.463 3019 4659 4.494 4.339 4.192 3.571 3.092 2.715 4836 4.656 4.486 4,327 3656 3147 2.752 4.988 4.793 4.611 4.439 3.725 3.100 2.779 5,118 4.910 4.715 4533 3.780 2.799 5.468 5,229 5.008 4.802 4611 3824 3.249 5.092 4.876 4.675 3.859 1268 2.379 2414 2.438 2.456 5.197 5.342 2.469 2.814 2.478 2.825 2484 5.162 4.938 4.730 3887 3.283 2.834 2.499 4.988 4775 1910 3.295 2.840 2.492 5.033 4812 3.928 3.304 2.844 2.494 5,070 3942 2.848 3.311 2.496 1954 3316 2.497 3.329 2.499 3:332 2.500 3.333 2.500 3.333 2.500 5.847 5.575 5.324 5.954 5.668 5.405 6.047 5.749 5.475 6.120 5.818 5.534 6.198 6.259 6.464 6.566 2.105 6.642 7.133 6.661 5.877 5.929 6.097 6.177 6.233 6.246 5.222 5.273 5.584 5.316 5628 5.353 5.766 5.467 5.829 5517 5.871 5.548 5.880 5.554 5.101 5.195 5.235 5.258 5.262 4.843 4870 4.948 4.979 4.997 4.999 2985 3.995 2.999 4.000 EZZE 5997 2.850 2.856 2.857 2.857 2.857 50% 0667 1.111 1407 1.605 1,737 1.824 1.883 1.922 1.940 1.965 1.977 1.985 1.990 1993 1.995 1.997 1.998 1.999 1.999 1.999 2,000 2.000 2.000 2.000

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