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Juan Garza invested $112.000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? (Round your final answer to 2 decimal places.)

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Juan Garza invested $112.000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? (Round your final answer to 2 decimal places.) Future value What is the present value of a 10-year annuity of $5,250 per period in which payments come at the beginning of each period? The Interest rate is 11 percent. (Round your final answer to 2 decimal places.) Present value Mark Ventura has just purchased an annuity to begin payment two years from today. The annuity is for $30,000 per year and is designed to last 3 years if the Interest rate for this problem calculation is 9 percent, what is the most he should have paid for the annuity? (Round your final answer to 2 decimal places.) 2 Maximum payment Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $53,000 per year for the next 12 years. a. If Mr. Moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (Round your final answer to 2 decimal places.) Present value b. Assuming Mr. Moore will not retire for two more years and will not start to receive his 12 payments until the end of the third year, what would be the value of his deferred annuity? (Round your final answer to 2 decimal places.) Present value

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