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Note: Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar. a. How much would you have to deposit today

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Note: Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar. a. How much would you have to deposit today if you wanted to have $64,000 in three years? Annual interest rate is 10%. b. Assume that you are saving up for a trip around the world when you graduate in three years. If you can earn 6% on your investments, how much would you have to deposit today to have $18,000 when you graduate? Note: Round your answer to 2 decimal places. c-1. Calculate the future value of an investment of $774 for ten years earning an interest of 9%. Note: Round your answer to 2 decimal places. c-2. Would you rather have $774 now or $1,800 ten years from now? d. Assume that a college parking sticker today costs $92. If the cost of parking is increasing at the rate of 6% per year, how much will the college parking sticker cost in seven years? Note: Round your answer to 2 decimal places. e. Assume that the average price of a new home is $132,500. If the cost of a new home is increasing at a rate of 7% per year, how much will a new home cost in eight years? Note: Round your answer to 2 decimal places. f. An investment will pay you $13,000 in 9 years, and it also will pay you $360 at the end of each of the next 9 years (years 1 through 9). If the annual interest rate is 5%, how much would you be willing to pay today for this type of investment? Note: Round your intermediate calculations and final answer to the nearest whole dollar. 9. A college student is reported in the newspaper as having won $13,500,000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $13.5 million now. Instead she will receive $675,000 at the end of the year for each of the next 20 years. If the annual interest rate is 7%, what is the present value (today's amount) that she won? (ignore taxes) Note: Round your answer to nearest whole dollar. \begin{tabular}{|l|} \hline a. Present value \\ \hline b. Present value \\ \hline c-1. Future value \\ \hline c-2. Would you rather have $774 now or $1,800 ten years from now? \\ \hline d. Future value \\ \hline e. Future value \\ \hline f. Present value \\ \hline g. Present value \\ \hline \end{tabular} Table B.I* Present Value of I p=1/(1+i)n Iable b.Z'Future Yalue of I f=(1+i)n Table B.3'Present Value of an Annuity of 1 p=[11/(1+i)n]/i Table B,A Future Value of an Annuity of 1 f={(1+i)n11

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