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Lisa wants to buy a car when she graduates from Central University 4 years from now. She believes that she will need $29.700 to buy

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Lisa wants to buy a car when she graduates from Central University 4 years from now. She believes that she will need $29.700 to buy the car. Click here to view the factor table. (a) Calculate how much money Lisa must put into her savings account today to have $29.700 in 4 years, assuming she can earn 10% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to o decimal place, e.8. 58,975.) Amount $ (b) Calculate how much money Lisa must put into her savings account today to have $29.700 in 4 years, assuming she can earn 10% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, c.8. 58.975.) Amount ACCO APPENDIX 9.1 Present value of $1 received in n periods. Mam ACC-C + casipala. Periods 7% 4% 0.9615 0.9246 0.8890 0.8548 0.8219 1 2 3 4 5 13% 0.8850 5% 0.9524 0.9070 0.8638 0.8227 0.7835 6% 0.9434 0.8900 0.8396 0.7921 0.7473 8% 0.9259 0.8573 0.7938 0.7350 0.6806 0.9346 0.8734 0.8163 0.7629 0.7130 9% 0.9174 0.8417 0.7722 0.7084 0.6499 10% 0.9091 0.8264 0.7513 0.6830 0,6209 11% 0.9009 0.8116 0.7312 0.6587 0.5935 12% 0.8929 0.7972 0.7118 0.6355 0.5674 0.7831 14% 16% 18% 0.8772 0.8621 0.8475 0.7695 0.7432 0.7182 0.6750 0.6407 0.6086 0.5921 0.5523 O.SISS 0.5194 0.4761 0.4371 0.6931 0.6133 0.5428 20% 0.8333 0.6944 0.5787 0.4823 0.4019 6 7 8 9 10 0.7903 0.7599 0.7307 0.7026 0.6756 0.7462 0.7107 0.6768 0.6446 0.6139 0.7050 0.6651 0.6274 0.5919 0.5584 0.6663 0.6227 0.5820 0.5439 0.5083 0.6302 0.5835 0.5403 0.5002 0.4632 0.5963 0.5470 0.5019 0.4604 0.4224 0.5645 0.5346 0.5066 0.4803 0.4556 04104 0.3704 0.3349 0.5132 0.4817 0.4523 0.4251 0.3996 0.3538 0.3139 0.2791 0.4665 0.4339 0.4039 0.3762 0.3506 0.3050 0.2660 0.2326 0.4241 0.3909 0.3606 0.3329 0.3075 0.2630 0.2255 0.1938 0.3855 0.3522 0.3220 0.2946 0.2697 0.2267 0.1911 0.1615 11 12 13 14 15 0.6496 0.6246 0.6006 0.5775 0.5553 0.5847 0.5568 0.5303 0.5051 0.4810 0.5268 0.4970 0,4688 0.4423 0.4173 0.4751 0.4440 0.4150 0.3878 0.3624 0.4289 0.3875 0.3971 0.3555 0.3677 0.3262 0.3405 0.2992 0.3152 0.2745 0.3505 0.3173 0.2875 0.2607 0.2366 0.1954 0.1619 0.1346 0.3186 0.2858 0.2567 0.2307 0.2076 0.1685 0.1372 0.1122 0.2897 0.2575 0.2292 0.2042 0.1821 0.1452 0.1163 0.0935 0.2633 0.2320 0.2046 0.1807 0.1997 0.1252 0.0985 0.0779 0.2394 0.2090 0.1827 0.1599 0.1401 0.1079 0.0835 0.0649 16 17 18 19 20 0.5339 0.5134 0.4936 0.4746 0.4564 $1 (1 + i)" 0.4581 0.4363 0.4155 0.3957 0.3769 0.3936 0.3714 0.3503 0.3305 0.3118 0.3387 0.3166 0.2959 0.2765 0.2584 0.2919 0.2519 0.2176 0.1883 0.1631 0.1415 0.1229 0.0930 0.0708 0.0541 0.2703 0.2311 0.1978 0.1696 0.1456 0.1252 0.1078 0.0002 0.0600 0.0451 0.2502 0.2120 0.1799 0.1528 0.13000.1108 0.0946 0.0691 0.0508 0.0376 0.2317 0.1945 0.1635 0.1377 0.1161 0.0981 0.0829 0.0596 0.0431 0.0313 0.2145 0.1784 0.1486 0.1240 0.1037 0.0868 0.0728 0.0514 0.0365 0.0261 PV APPENDIX 9.2 Present value of an annuity of SL per period. Periods 6% 1 2 3 4 5 0.9615 1.8861 2.7751 3.6299 4.4518 5% 0.9524 1.8594 2.7232 3.5460 4.3295 0.9434 18334 2.6730 3.4651 4.2124 7% 8% 9% 10% 0.9346 0.9259 0.9174 0.9091 1.8080 1.7833 1.7591 1.7355 2.6243 2.5771 2.5313 2.4868 3.3872 3.3121 3.2397 3.1698 4.1002 3.9927 3.8897 3.7907 11% 09009 1.7125 2.4437 3.1024 3.6959 12% 0.8929 1.6901 2.4018 3,0373 3.6048 13 14% 16% 18% 20% 0.8850 0.8772 0.8621 0.8475 0.8333 1.6681 164467 1.6052 1.5656 1.5278 2.3612 2.3216 2.2459 2.1743 2.1065 2.9745 2.9137 2.7982 2.6901 2.5887 3.5172 3.4331 3.2743 3.1272 2.9906 6 7 8 9 10 5.2421 6.0021 6.7327 7.4353 8.1109 5.0757 5.7864 6.4632 7.1078 7.7217 4.9173 5.5824 6.2098 6.8017 7.3601 4.7665 4.622944859 4.3553 5.3893 5.2064 5,0330 4.8684 5.9713 5.7466 5.5348 5.3349 6.5152 6.2469 5.9952 5.7590 7.0236 6.7101 6,4177 6.1446 4.2305 4.7122 5.1461 5.5370 5.8892 4.1114 4.5638 4.9676 5.3282 5.6502 3.9975 3.8887 4.4226 4.2883 4.7988 4.6389 5.1317 4.9.164 5.4262 5.2161 3.6847 3.4976 4.0386 3.8115 4.3436 4,0776 4.6065 4.3030 4,8332 44941 3.3255 3.6046 3.8372 4,0310 4.1925 11 12 13 14 15 8.7605 9.3851 9.9856 10,5631 11.1184 8.3064 8.8633 9.3936 9.8986 10.3797 7.8869 8.3838 8.8527 9.2950 9.7122 7.4987 7.1390 6.8052 64951 7.9427 7.5361 7.1607 6,8137 8.3577 7.9038 74869 7.1034 8.74558.2442 7.7862 7.3667 9.1079 8.5595 8.0607 7.6061 6.2065 6,4924 6.7499 6.9819 7.1909 5.9377 5.6869 6.1944 5.9176 64235 6.1218 6.6282 6.3025 6.8109 64624 54527 5.0286 4.6560 4.3271 5.6603 5.1972 4.793244392 5.8424 5.3423 4,9095 4.5327 6,0021 5.4675 5.0081 4.6106 6.1422 5.5755 5.0916 4.6755 16 17 18 19 20 11.6523 10.8378 10.1059 9.4466 8.85148.3126 7.8237 12.1657 11.2741 10.4773 9.7632 9.1216 8.5436 8.0216 12.6593 11.6896 10.8276 10.0591 9.3719 8.7556 8.2014 13.1339 12.0853 11.1581 10.3356 9,6036 8.9501 8.3649 13.5903 12.4622 11.4699 10.5940 9.8181 9.1285 8.5136 1 $1 - (1 + i)" 7.3792 6.9740 7.5488 7.1196 7.7016 7.2497 7.8393 7.3658 7.9633 7.4694 6.6039 6.2651 5.6685 6.7291 6.3729 5.7487 6.8399 6.4674 5.8178 6.9380 6.5504 5.8775 7.0248 6,6231 5.9288 5.1624 4.7296 5.2223 4.7746 5.2732 48122 5.3162 4,8435 5.3527 4.8696

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