Krista Lee can purchase a service contract for all of her major appliances for $250 a year. If the appliances are expected to last for 20 years and she earns 4 percent on her savings, what would be the future value of the amount Krista will pay for the service contract? (Exhibit1-A. Exhibit 1-8, Exhibit 1.C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places. Evhibit 1-B Fune Value (Compounded Sum) of $1 Pad In at the Eind of Each Period for a Given Number of Time Periods (an Annuity) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline period & II & 21 & 31 & 11 & 31 & 81 & 71 & 91 & 91 & 101 & 111 \\ \hline 7 & 1.968 & & 1.1000 & 1.000 & 1.600 & 3,069 & 1.620 & 1.000 & 1.006 & 1.000 & 1,600 \\ \hline 3 & 2.016 & 2.020 & 2.030 & 2.049 & & 2,067 & 2.670 & 2.000 & 2.050 & 2.100 & 2.110 \\ \hline 3 & 3.290 & 1.00 & 3.621 & 3.132 & 3.135 & 3.180 & 3.215 & 3.246 & 3.210 & 3.310 & 3.342 \\ \hline 4 & 4.060 & 4.122 & 4.194 & 4.246 & 4.316 & 4.113 & 1.440 & 4,566 & 4.573 & 4.641 & 4.716 \\ \hline 9 & 3.101 & 5.204 & 5.199 & 5.416 & 3.526 & 5.637 & 3.231 & 3.867 & 3.595 & 6.105 & 6.228 \\ \hline & 6.152 & 6.300 & 6.460 & 6.631 & 6.103 & 6.973 & 7.13) & 7,336 & 7.523 & 7.716 & 7.913 \\ \hline 7 & 1.216 & 3.434 & 1.662 & 7.121 & 1,142 & 0.354 & 0.654 & 4.923 & 9.200 & 9.407 & 9.103 \\ \hline 1 & 0.215 & 0.91 & 1.5n & 9.214 & 3.949 & 9.007 & 10.268 & & 11.930 & 11.046 & 11.985 \\ \hline 7 & 9.169 & 9.73s & 10.15 & 10.903 & 11,027 & 11.4m & & 12.411 & 10.021 & 13.57 & 14.164 \\ \hline in & 10.462 & 10.950 & 11.464 & 12.406 & 12,517 & 13.181 & 13.816 & 14,417 & 15.193 & 15.97 & 16.72 \\ \hline 18 & 11.967 & 12.165 & 10.168 & 13,498 & 14.207 & 14.272 & 15.704 & 15.45 & 13.560 & 18.531 & 19.841 \\ \hline 12 & 12.403 & 13.412 & 14.193 & 15.026 & 15,917 & 16.070 & 17.161 & 11.m & 20.141 & 21.194 & 22,713 \\ \hline 17 & 13.109 & & 15.65 & 15.627 & 17,713 & & 20.141 & 21.495 & 22.853 & 24.131 & 26.212 \\ \hline 14 & 14,947 & 15.274 & 17.946 & 11.232 & 18.598 & 21.015 & 22.550 & 24.215 & 25.319 & 23.975 & 38.095 \\ \hline 15 & 16.67 & 17.293 & 19,599 & 20.024 & 21.519 & 23.276 & 25.127 & 27.152 & 79.16 & 31,712 & 34.445 \\ \hline if & 17.298 & & 28.157 & 21,025 & 23.557 & 25.673 & 27.818 & 30.124 & & 35.950 & 17.199 \\ \hline 12 & 10.430 & 20.517 & 21,762 & 23.510 & 75.100 & 20.213 & 30.940 & & 16.974 & & \\ \hline 10 & 10.515 & 31.411 & 33,414 & 25.45 & & & 11.929 & 31,40 & 0.30 & 43,50 & 50.37 \\ \hline 11 & 20.911 & 27.011 & 25.112 & 27.67 & 0.537 & 13.760 & & 0.416 & 46.90 & 51.159 & 86.97 \\ \hline 20 & 12.019 & 24.217 & 36.620 & 29.775 & 0.064 & 36.716 & 40.95 & 65.762 & 52.160 & 57.27 & (4,20) \\ \hline 21 & 25.243 & 32.010 & 36.45 & 41.645 & & 54,063 & & & & 90,34 & 114,413 \\ \hline 30 & & 40.3m & (17.5 & 35.005 & & 78.010 & 94,61 & 113.2m & & 164,014 & 190.921 \\ \hline 40 & & 40.402 & 25.66 & 33.026 & 120.100 & 154.913 & 190.635 & 25.51 & & & 10.126 \\ \hline 10 & & 14.575 & 112.797 & 132.657 & 209.149 & 270.116 & & & 015.464 & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Fefilet & 171 & & 16 & int & 161 & 15 & in & 181 & 209 & & 304 \\ \hline a & 1.000 & & & 400 & 1.911 & Intoo & & 1.60 & & & 1.000 \\ \hlinei & 7.110 & & & 2.180 & & 2170 & & & & 2.150 & 2.30 \\ \hline 3 & Wint & 1.67 & 3.94 & & mist & lim & & 3.69 & & 3.11 & 3.96 \\ \hline 4 & & 0.160 & 0.21 & & & 3.16 & sin & 50 & 5.me & sin4 & \\ \hline 5 & & C.A11) & & & 6.01 & 2010 & This & 2,201 & & inte & \\ \hline 6 & & (n) & oin & ind & lom & 0.203 & 9.411 & & pon & 11.219 & \\ \hline 8 & 10.17 & 10.465 & & 11.067 & & 11.7m & 12.103 & & 12.916 & 3.07 & \\ \hline 1 & 12.120 & 17.751 & (1).21 & 10.121 & 14.210 & 14.773 & 15,32 & 15.92 & 16.+m & & m.tur \\ \hline 3 & 14.716 & 15.418 & 16.115 & & 17.519 & 10.255 & 18.016 & & 10.139 & & 32.015 \\ \hline 70 & 17.910 & & 17,31 & & & 12.103 & & 24.765 & , 59 & 31.153 & 42,619 \\ \hline iI & 20.655 & 21.114 & & 31.311 & 25,211 & 27.200 & 3.20 & 30.434 & 12,150 & 62.516 & 34.405 \\ \hline 11 & 24+11 & 25.159 & 22,21 & n.m & 30.150 & & 3.91 & & 30.111 & 94.710 & \\ \hline 13 & & & & & 36.mil & 30.48 & 40.210 & 4..24 & (a.m) & 4.160 & \\ \hline 14 & 12.30 & 14.(1) & & 6.105 & & (7,163 & & & 39.19 & & 121.913 \\ \hline is: & & 0.011 & & 0.1000 & 81.60 & 0.110 & 6o.tis & 4.161 & mons & & 167.214 \\ \hline 16 & & 40.172 & n.110 & & 60.525 & 66.649 & & 30.190 & 0.40 & 130.105 & 210.472 \\ \hline 17 & 9.1101 & 13,39 & s.110 & 6.2m & 71.67 & 76.97 & 0.010 & 16.927 & 109.031 & 37.696 & 28.014 \\ \hline If & 35.720 & 61.225 & & Th.011 & 84.14 & 03.416 & (10).240 & 15.24 & 170.117 & 20.045 & 310m+518 \\ \hline 18 & 6.44 & 70.741 & & m.72 & 0.101 & 116.23 & 123.414 & 130.116 & 150,760 & 273.514 & \\ \hline 20 & 32.052 & 0.741 & 01.625 & 100.444 & 113,300 & & 106.621 & 165.418 & 116.618 & 342.015 & 0.135 .161 \\ \hline 35 & 111.134 & 15.690 & ming & 212,201 & 240.214 & 292,205 & 34,(93 & 902.067 & 40.111 & 1.984 .701 & 3.340 .013 \\ \hline 10 & 241.333 & & & 44,745 & 110.312 & (4). 45 & & 36.712 & 3.101 .10 & 2,233,174 & \\ \hline 40 & 26.491 & 6,911,704 & 1,342,285 & ln20.990 & 3.3(0.15) & 3,12,173 & 4,161.211 & 5,59,129 & & 30,001,65 & \\ \hline 19 & 2.400 .011 & 3.459 .59 & & 7,217.716 & 10,45.447 & 15,060,502 & & 131,515,300 & 45,427,101 & (260,25,(2) & \\ \hline \end{tabular} Rhibit 1-A Putare Value (Ceerpeunded Sum) of $1 after a Given Number of Time Periods Exhibit 1-C Present Value of \$1 to Be Receivod at the End of a Given Number of Time Periods \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Period & 12 & 21 & 31 & 43 & 51 & 61 & & 81 & 91 & 101 & 111 & 121 \\ \hline 1 & 0.990 & 0.980 & 0,971 & 0.962 & 0.952 & 0.943 & 0.935 & 0.926 & 0.917 & 0.909 & 0.901 & 0.193 \\ \hline 2 & 0.980 & 0.961 & 0.943 & 0.525 & 0.907 & 0.890 & 0.673 & 0.857 & 0.842 & 0.826 & 0.112 & 0.797 \\ \hline 3 & 0,971 & 0.942 & 0.915 & 0.889 & 0.864 & 0.840 & 0.016 & 0.794 & 0.772 & 0.751 & 0.731 & 0,712 \\ \hline 4 & 0.561 & 0.924 & 0.888 & 0.855 & 0.823 & 0.792 & 0.763 & 0.735 & 0.708 & 0.683 & 0.639 & 0.636 \\ \hline 3 & 0.951 & 0.906 & 0.863 & 0,822 & 0.784 & 0.747 & 0.713 & 0.681 & 0.650 & 0.621 & 0.593 & 0.567 \\ \hline 6 & 0.942 & 0.888 & 0.037 & 0.790 & 0.246 & 0.705 & 0.666 & 0.630 & 0.596 & 0,564 & 0.535 & 0.507 \\ \hline 7 & 0.933 & 0.1121 & 0.013 & 0.760 & 0,71 & 0.665 & 0.623 & 0.5113 & 0.547 & 0.513 & 0.442 & 0.452 \\ \hline 8 & 0.923 & 0.853 & 0.759 & 0.731 & 0.677 & 0.627 & 0.582 & 0.540 & 0.502 & 0.467 & 0.434 & 0.404 \\ \hline 9 & 0.914 & 0.837 & 0.766 & 0.703 & 0.645 & 0.592 & 0.544 & 0.500 & 0.460 & 0.424 & 0,391 & 0.361 \\ \hline 10 & 0.905 & 0.120 & 0.244 & 0.676 & 0.614 & 0.358 & 0.508 & 0.463 & 0.422 & 0.386 & 0.352 & 0.322 \\ \hline 11 & 0.896 & 0.804 & 0.722 & 0.650 & 0.585 & 0.527 & 0.425 & 0.429 & 0,388 & 0.350 & 0.317 & 0.287 \\ \hline 12 & & 0.738 & 0.701 & 0.625 & 0.557 & 0.497 & 0.444 & 0.357 & 0.356 & 0.319 & 0.286 & 0.257 \\ \hline 13 & 0.879 & 0.773 & 0,601 & 0.601 & 0.530 & 0,469 & 0.415 & 0.351 & 0.326 & 0.250 & 0.258 & 0.229 \\ \hline 14 & 0.870 & 0.758 & 0.661 & 0.577 & 0.505 & 0.442 & 0.38B & 0,340 & 0.299 & 0,263 & 0.232 & 0.205 \\ \hline 15 & 0.861 & 0.743 & 0.642 & 0.355 & 0.481 & 0.417 & 0.362 & 0.315 & 0.275 & 0.239 & 0.209 & 9.103 \\ \hline 16 & 0.153 & 0.723 & 0.623 & 0+536 & 0.451 & 0.394 & 0.339 & 0.292 & 0.252 & 0.218 & 0.188 & 0.163 \\ \hline 17 & 0.044 & 0,734 & 0.505 & 0,513 & 0.435 & 0.371 & 0.317 & 0,270 & 0.231 & 0+128 & 0.170 & 0.146 \\ \hline 18 & 0.036 & 0.700 & 0.587 & 0.494 & 0.416 & 0.350 & 0.295 & 0.250 & 0.212 & 0,180 & 0.153 & 0.136 \\ \hline 19 & 0.028 & 0.686 & 0.570 & 0.425 & 0.396 & 0.331 & 0.277 & 0.232 & 0.154 & 0,154 & 0.328 & 0.116 \\ \hline 20 & 0.120 & 0.673 & 0.554 & 0.456 & 0.372 & 0.312 & 0.258 & 0.215 & 0.178 & 0.149 & 0.124 & 0.104 \\ \hline 25 & 0.7ab & 0.610 & 0.478 & 0.325 & 0.245 & 0.231 & 0.104 & 0.146 & 0.116 & 0.052 & 0.074 & 0.059 \\ \hline 30 & 0.742 & 0.552 & 0,412 & 0.200 & 0.231 & 0.174 & 0.131 & 0.099 & 0.075 & 0.057 & 0.044 & 0.033 \\ \hline 40 & 0.672 & 0.453 & 0.307 & 0.208 & 0,142 & 0.007 & 0.067 & 0,046 & 0.032 & 0.022 & 0.015 & 0.011 \\ \hline 50 & 0.601 & 0.372 & 0.228 & 0.141 & 0.087 & 0.054 & 0.024 & 0.021 & 0,013 & 0.009 & 0.005 & 0,003 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Feriod & 131 & 101 & 151 & 161 & 171 & 181 & 191 & 201 & 251 & 301 & 351 & 401 & 501 \\ \hline 1 & 0.0103 & 0,077 & 0.170 & 0.062 & 0.055 & 0.847 & 0.840 & 0.833 & 0.800 & 0.769 & 0.741 & 0.214 & 0.667 \\ \hline 2 & 0,783 & 0,769 & 0.756 & 0.743 & 0.731 & 0.711 & 0.765 & 8.694 & 0.640 & 0.532 & 0.549 & 0,510 & 0.444 \\ \hline 3 & 0.693 & 0,675 & 0,458 & 0.441 & 0,624 & 0.609 & 0.573 & 0.579 & 0.512 & 0.455 & 0.406 & 0,354 & 0.296 \\ \hline 4 & 0.613 & 0.592 & 0.572 & 0.552 & 0.534 & 0.516 & 0.409 & 0.412 & 0.410 & 0.350 & 0,301 & 0,260 & 0.198 \\ \hline 5 & 0.543 & 0.519 & 0.497 & 0.476 & 0.456 & 0.437 & 0.419 & 0.402 & 0.320 & 0.269 & 0.223 & 0.186 & 0.132 \\ \hline 6 & 0.400 & 0.456 & 0.432 & 0.410 & 0,370 & 0.370 & 0.152 & 0.315 & 0.262 & 0.207 & 0.165 & 0.133 & 0.018 \\ \hline 7 & 0.425 & 0.400 & 0.376 & 0.354 & 0.33 & 0.314 & 0.296 & 0,279 & 0.210 & 0.159 & 0.122 & 0.095 & 0.059 \\ \hline 1 & 0.376 & 0.351 & 0,327 & 0.305 & 0.285 & 0.254 & 0.249 & 0.233 & 0,268 & 0.123 & 0.091 & 0.06B & 0.019 \\ \hline 9 & 0.313 & 0.30B & 0.294 & 0.263 & 0.243 & 0.225 & 0.209 & 0.194 & 0.134 & 0.694 & 0.067 & 0.040 & 0.026 \\ \hline 10 & 0.255 & 0.270 & 0.247 & 0.227 & 0.200 & 0.191 & 0.176 & 0.162 & 0.107 & 0.073 & 0.050 & 0.095 & 0.017 \\ \hline 11 & 0.261 & 0.237 & 0.215 & 0.195 & 0.178 & 0.162 & 0.140 & 0.135 & 0.086 & 0.056 & 0.017 & 0,025 & 0.012 \\ \hline 12 & 0.231 & 0.201 & 0.189 & 0.168 & 0.152 & 0.137 & 0.124 & 0.112 & 0.069 & 0.063 & 0.027 & 0.018 & 0.008 \\ \hline 23 & 0.204 & 0.112 & 0.163 & 0.145 & 0.130 & 0.116 & 0.104 & 0.093 & 0.055 & 0.033 & 0.020 & 0,013 & 0.055 \\ \hline 14 & 0,191 & 9.160 & 0.161 & 0.125 & 0.111 & 0.079 & 0.088 & 0.078 & 0.044 & 0.025 & 0,015 & 0.009 & 0.003 \\ \hline 15 & 0.169 & 0.140 & 0.123 & 0.108 & 0.095 & 0.014 & 0.074 & 0.065 & 0.033 & 0.020 & 0.017 & 9.066 & 0.002 \\ \hline 16 & 0.141 & 0,123 & 0.107 & 0.053 & 0.001 & 0.071 & 0.062 & 0.054 & 0.021 & 0.015 & 0.041 & 0.005 & 0.002 \\ \hline 17 & 0.125 & 0.191 & 0.093 & 0.080 & 0.067 & 0.060 & 0.052 & 0.045 & 0,023 & 0.012 & 0.056 & 0.003 & 0.001 \\ \hline 18 & 0.111 & 0,005 & 0.001 & 0.069 & 0.052 & 0.051 & 0.044 & 0.030 & 0.011 & 0.009 & 0.005 & 0.002 & 0.001 \\ \hline 19 & 0.098 & 0,003 & 9.070 & 0.060 & 0.051 & 0.043 & 0.037 & 0.031 & 0,014 & 0.007 & 0.053 & 0,002 & 0 \\ \hline 20 & 0.007 & 0.073 & 0.061 & 0.051 & 0.043 & 0.037 & 0.031 & 0.026 & 0.012 & 0.005 & 0.062 & 0.001 & 0 \\ \hline 25 & 0,047 & 0.038 & 0,010 & 0.020 & 0.020 & 0.016 & 0.013 & 0.010 & 0,004 & 0.001 & 0.001 & 0 & 6 \\ \hline 30 & 0.026 & 0.020 & 0.015 & 0.012 & 0.005 & 0.007 & 0.005 & 0.004 & 0.091 & 0 & 0 & 9 & 0 \\ \hline 49 & 0.608 & 0.005 & 0.004 & 0.003 & 0.002 & 0.001 & 0.001 & 0.001 & 8 & 0 & 0 & 0 & 0 \\ \hline 30 & 0.002 & 0.001 & 0,001 & 0.001 & 0 & 0 & & 0 & 9 & 0 & 0 & 8. & 0 \\ \hline \end{tabular} T-2ats I n Dwient Value of S1 Received at the End of Each Period for a Given Number of Time Periods (an Annuity)