Next question Solve vious time of money scans Click the konto view the scenarios) Cack the conto www the present a factorie) (Chok the con to view the future vontactor to (Cho con to view the presente in the Cick the con lo vw the view actor) Scenario 1 Suppose your invest a sum of $3 500 in an interest bearing account at the rate of 12per you what we needmont te worth ok your hom now Fount you were meant whicket In sex yates the investment will be wom More info rest-beanie 1. Suppose you invest a sum of $3,500 in an interest-bearing account at the rate of 12% per year. What will the investment be worth six years from now? 2. How much would you need to invest now to be able to withdraw $4,000 at the end of every year for the next 20 years? Assume an 8% interest rate 3. Assume that you want to have $145,000 saved seven years from now If you can invest your funds at a 10% interest rate how much do you currently need to invest? 4. Your aunt Beckie plans to give you S4 500 at the end of every year for the next ten years. If you invest each of her yearly gifts at a 14% interest rate, how much will they be worth at the end of the 10-year penod? 5. Suppose you want to buy a small cabin in the mountains four years from now You estimate that the property will cost $53 500 at that time How much money do you need to invest each year in an interest-bearing account at the rate of 8% per year to accumulate the purchase price? Print Done Reference ) Present Value of $1 interest-bea per Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.9900 980 0.971 0.962 0.952 0943 0.926 0.9090 8930 877 0.8620 847 0.833 Period 2 0.9800.961 0943 0.925 0.9070890 0.85708260.797 0.769 0.743 0718 0.694 Period 3 0.971 0.942 0.915 0.8890.8640 8400794 0.751 0.712 0.675 0.641 0609 0.579 Period 4 0961 09240.888 0.855 0823 0.792 0.735 0 683 0.636 0.5920552 0.5160482 Period 5 0.951 0.906 0.863 0.822 0784 0.747 0681 0.621 0.567 0.519 0.4476 0437 0.402 Period 6 0.942 0.888 0.8370790 0 746 0.705 0630 0.5840 5070456 04100 3700 335 Period 7 0.933 0.871 08130.760 0.711 0.6650583 0.5130 4520.400035403140.279 Period 8 0.923 0.853 0.7890731 0.677 0.627 0.540 0.467 04040.3510 305 0 266 0233 Period 9 0.914 0837 0766 0.703 0.6450.592 0.500 0.424 0.3610 3080263 0.225 0.194 Period 100.905 0.820 0.744 0.676 08140.558 0.48303060322 0 2700 227 0 1910 162 Period 11 08980804 0.722 0.6500 5850 527 0.429 0.3500 287 0.237 0.1950 1620135 Period 12 0887 0.788 0.7010 825 0 557 0.497 0 397 0.319 0.257 0.208 0.168 0137 0.112 Period 13 0 879 0.773 0681 0 601 0.530 0.409 0 3880 2900 2290 1820.145 0.116 0.093 Period 140 8700.758 0.661 0.5770 5050 442 0340 0 2030 205 0.160 0.125 0.099 0.078 Period 150 861 0743 0.642 0,555 0.481 0.417 0.315 0.2390.183 0.140 0.1080084 0.065 Period 20 08200.6730554 0.456 0.3770 312 0215 0.149 010400730 0510 037 0.028 Period 25 0 780 0610 0.4780375 0.2950 233 0 1480.0920 059 0.0380024 0.016 0010 Period 30 0 742 0.552 0.412 0 3080 231 0.174 0.099 00570033 0.0200.012 0007 0.004 Period 400.67204530307 0.208 0 142 0.097 0.0160.022 0.011 0.005 0.003 0.0010001 Future Value of $1 2% Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 1.010 1.020 1.030 1.041 1051 1.020 1.040 1,061 1.082 1.104 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1,082 1.125 1.170 1.217 5% 1.050 1.103 1.158 1216 1276 6% 1060 1.124 1.191 1.262 1338 8% 1.080 1 166 1.260 1 360 1.469 10% 1.100 1.210 1.331 1.464 1.611 12% 1.120 1 254 1.405 1.574 1.762 14% 1 140 1.300 1 482 1.689 1.925 16% 1.160 1.346 1.561 1.811 2.100 18% 1.180 1 392 1.643 1.939 2.288 20% 1200 1.440 1.728 2074 2.488 Period 6 Period 7 Period 8 Period 9 Period 10 1.062 1.072 1.083 1,094 1.105 1.126 1.149 1 172 1.195 1219 1.194 1.230 1.267 1 305 1.344 1 265 1.316 1.369 1.423 1.480 Period 11 Period 12 Period 13 Period 14 Period 15 1 116 1 127 1 138 1 149 1243 1.268 1.294 1 319 1 346 1.384 1426 1469 1.513 1.558 1.539 1.601 1.665 1 732 1 801 1340 1.419 1.587 1.772 1.974 2 195 2436 2.700 2.986 1.407 1.504 1,714 1.949 2211 2.502 2826 3.185 3.583 1477 1.594 1.851 2.144 2.476 2.853 3.278 3.759 4.300 1551 1.689 1.999 2358 2.773 3.252 3.803 4.435 5.160 1.629 1 791 2.159 2.594 3.106 3.707 4.411 5.234 6.192 1.710 1 898 2.332 2.853 3.479 4 226 5.117 6.176 7430 1.796 2012 2.518 3.138 3.896 4.818 5.936 7.288 8.916 1.886 2.133 2.720 3.452 4.363 5.492 6.886 8.599 10.699 1980 2.261 2937 3.797 4.887 6.261 7 988 10.147 12.839 2.079, 2397 3.172 4 177 5:474 7 138 9.266 11.974 15.407 2.653 3.207 4.661 6.727 9.646 13.743 19.461 27.393 38 338 3.386 4.292 6 848 10.83517.000 26.462 40.87462.669 95 396 4322 5743 10.063 1744929 960 50.950 85 850 143371 237376 7.040 10 286 2172545.25993.051 188.884 378 721750 378 1.469.772 1.161 Period 20 Period 25 Period 30 Period 40 1 220 1.282 1 348 1.489 1.486 1.641 1.811 2.208 1.806 2.094 2.427 3.262 2 191 2.666 3.243 4.801 2% lea Present Value of Annuity of $1 Periods 1% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0 909 0.893 0.877 0.862 0.847 0.833 Period 2 1.970 1.942 1.913 1.886 1.859 1833 1783 1.736 1.690 1.647 1.605 1.566 1.528 Period 3 2.941 2884 2.829 2.775 2.723 2673 2.577 2487 2.40223222246 2.174 2.106 Period 4 3.902 3.808 3717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2798 2.690 2.589 Period 5 4.853 4713 4.580 4.452 4.329 4212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 Period 6 5.795 5.601 5.417 5.242 5.076 4.917 4623 4.355 4.111 3.889 3.685 3.498 3.326 Period 7 6.728 6.472 6.2306 002 5.786 5.582 5.20648684564 4.288 4.039 3.812 3.605 Period 8 7.652 7,325 7020 6.733 6.4636.210 5 747 5 335 4.968 4.639 4.344 4.078 3837 Period 9 8.566 8.1627 786 7.435 7 1086 802 6 247 5.759 5328 4.946 4.607 4.303 4.031 Period 10 9.471 8.983 8.530 8.111 7.7227 360 6.710 6.145 5.650 5216 4.833 4.494 4 192 Period 11 10.368 9.787 9.253 8.760 8.306 7 887 7.139 6.495 5.938 5.453 5029 4656 4.327 Period 12 11.255 10.575 9.9549.3858.8638.384 7536 6.814 6 1945.660 5 197 4.793 4.439 Period 131213411.348 10.635 9.98693948.853 7.904 7 103 6424 5.842 5342 4.910 4.533 Period 14 13.004 12 106 11 296 10.583 9.8999 2958.24473676.628 6.002 5 468 5.008 4.611 Period 15 13.885 12 849 11.938 11. 118 10 38097128.559 7.6066.811 6.142 5.575 5.092 4.675 Period 20 18.046 16.351 14.877 13 590 12 462 11.470 9.818 8.51474698.623 5.929 5.353 4.870 Period 25 22 023 195231741315.622 14 09412783 10.875 9077 7.8438.8736.097 5.467 4.948 Period 30 25 808 22 390 19 600 17 292 15 372 13.765 11 258 9.4278 055 7.003 6.177 5.517 4979 Period 40 32 835 27 355 23.115 19.793 17 159 15 046 11 925 9.779 8 244 7.105 6.233 5.548 4.997 Print Done 12% Future Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 14% 16% 18% 20% Period 1 1.000 1.000 1.000 1.000 1.000 1000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2010 2.020 2030 2.040 2 050 2.060 2080 2 100 2.120 2.140 2 160 2180 2 200 Period 3 3.030 3.060 3.091 3122 3.153 3.184 3246 3310 3.374 3.440 3.506 3.572 3.640 Period 4 4,060 4.122 4.184 4246 4.310 4.375 4506 4.641 4.779 4.921 5.066 5215 5.368 Period 5 5.101 5 204 5309 5.416 5.526 5.637 5:867 6.105 6.353 6.610 6.877 7 154 7 442 Period 6 6.152 6 308 6.468 6633 6.802 6.975 7.338 7716 8 115 8.536 8 977 9.442 9.930 Period 7 7214 7.434 7.862 7.898 8.142 8.394 8.923 9487 10089 10.730 11:414 12 142 12 916 Period 8 8.286 8.583 8.892 9214 9.549 9.897 10.63711 436 12 300 13.233 14.240 15.327 16.499 Period 9 9.369 9.755 10.159 10 58311027 11.49112.488 13.579 14776 16 085 17 519 19.086 20.799 Period 10 10.482 10 950 11 464 12.006 12 578 13.181 14.487 15.93717 549 19.337 21 321 23.521 25 959 Period 11 11.567 12. 1691280813.488 14 207 14 972 16.645 18 53120.655 23.045 25 733 28 755 32 150 Period 12 12 68313 412 14 192 15.026 15 917 15 870 18 977 21 384 24 133 27 271 30.850 34931 39 581 Period 13 13.809 14 88015518 16.627 17.71318 882 2149524 523 28.029 32 089 36.786 42219 48-497 Period 14 14 947 15 974 17086 18 292 19.59921015 24 215 27 975 32 393 37581 43 672 50 818 59.196 Period 15 16.0071729318.59920024 21:579 23 278 2715231772 37 280 43.842 51 660 60 965 72.035 Period 20 22.019 24 297 26.870 2977833066 36.786 45.762 57 275 72.052 91 025 115 380 148 028 186 889 Period 25 28 243 32 03036.459 41 646 47 727548857310698.347 133 334 181 871 249.214 342 603 471.981 Period 30 34785 40 568 | 47575 56.08566.43979.058 113283 164 494 241 333 356.787 $30 312 790 948 1.181 882 Period 40 48 880 00.40275.401 95.026120 800 154 702 259 057142503 7070911.342025 2.360.757 4.163 213 7343 858 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