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In four years, when he is discharged from the Alr Force, Steve wants to buy a $33,000 power boat. Click here to view and Exhibit

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In four years, when he is discharged from the Alr Force, Steve wants to buy a $33,000 power boat. Click here to view and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount must Steve invest now to have the $33,000 at the end of four years if he can invest money at (Round your final answer to the nearest whole dollar amount.) EXHIBTT 14B1 Fresent Value of \$1: (1+r)1 FXXIHIT JaA.? Prescat Valee of an Annulity of $1 in Arrears; r1[1(1+r)x1]

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