nung information 3 Homework: EXTRA CREDIT Chapter 12 Question 4, 812-6 (simil. HW Score: 0.0 of 10 points O Points of 2 Your grandmother would like to shwe some of her fortune with you. She others to gre you money under one of the following scenes (you get to choose 1. 57.750 a year at the end of each of the next eight years 2 540,650 (lump sum) now 3. $100,050 Dump sum) eight years from now Calculate the present value of each scenano un an 8% interest rate Wuch scenario yields the highest present inter Would your picturence change it you want a tonterest rate> (Click the con to www the present value annuity factor table Click the icon to view the value factor tab) click the con to view the future vale annuity factor table) Click the icon to view the future value factor table Using an os interest rate, calculate the prosent vatns for each scenario (Rount the amounty to the newest dollar Present ynter of Scenario 1 ou Present value of annuity of $1 Present Value of Annuity of $1 est ) th sce Periods 1% 2% 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 1970 1.942 1913 1886 1.859 1.833 1.783 1736 1 690 1.647 1.605 1566 1.528 Period 3 2.9412.884 2.829 2.775 2.723 2.673 2577 2.487 24022 322 2 246 2 174 2.106 Period 4 3.902 3.808 3.717 3.630 3.5483.465 3312 3 170 3.037 2.914 2798 2 690 2 589 Period 5 4.853 4.713 4580 4.452 43294212 3 993 3.791 3.605 3.433 3 274 3.127 2.991 Period 6 5.795 5.601 5.417 5242 5.076 4 917 4.623 4355 4 111 3.889 3.685 3.498 3.326 Period 7 6.728 6.472 6230 6.002 5.786 55825.206 4.8684564 4.288 4.039 3.812 3.605 Period 8 7652 73257020 6.7336.463 6.21057475.335 4.968 4.639 4.344 4.078 3.837 Period 9 8.566 8.162 7 786 7.435 7 1086 802 6.247 5.759 5.328 4.948 4 607 4.303 4.031 Period 10 9.471 8 983 8.530 8.111 77227360 6.710 6.145 5.650 5.216 4.833 4.494 4.192 Period 11 10 368978792538.760 8.30678877 139 6.495 5.938 5.453 5029 4.656 4327 Period 12 11.255 10.575 9.95493858 8638.3847 536 6.8146 1945.860 5 197 4.793 4.439 Period 13 12 134 11 348 10.635 9.986 9 394 8 853 7 904 7.1036 424 5 842 5.342 4.910 4533 Period 14 13.004 12.106 11 296 10.563 9.899 9.295 8.24473676 628 6.002 5.468 5008 4.611 Period 15 13 805 12 849 11.938 11.118 10.3809712 8.55976088.811 6.142 5.575 5092 4.875 Period 20 18.046 16.351 14877 13.590 12.462 11 470 9.818 8.514 7 469 6.623 5.929 5353 4870 Period 25 22 023 195231741315622 14 094 12 783 10.675 9.077 78436.8735.097 5.467 4.948 Period 30 25 808 2239819 600 17.292 15 372 13765 11 258 9 427 8.055 7003 6 177 5517 4979 Period 40 32.835 27 355 23 115 19.793 17 159 15 048 11.925 9.7798.244 7.105 6.233 5 548 4.997 Print Done help Future value of annuity of $1 Future Value of Annuity of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2030 2.040 2.050 2.060 2.080 2.100 2.120 2.140 2. 160 2.180 2200 3.030 3.060 3.091 3.122 3.153 3.184 3246 3.310 3.374 3.440 3.506 3.572 3.640 4.060 4.122 4.184 4246 4.310 4 375 4.506 4.641 4.779 4.921 5.066 5.215 5.368 5. 101 5.204 5.309 5.416 5.526 5.637 5.867 6.105 6.353 6.610 6.877 7.154 7.442 6.152 6.308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.930 7 214 7.434 7 662 7 898 8.142 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.916 8.286 8.583 8.892 9214 9.549 9.897 10.637 11.436 12 300 13.233 14.240 15327 16.499 9.369 9.755 10.159 10.583 11027 11.491 12.48813.579 14776 16.085 17 519 19 086 20.799 10.462 10.950 11.464 12.006 12.578 13.181 14.487 15.937 17.549 19.337 21.321 23.521 25.959 11.567 12.16912808 13.486 14.207 14.972 16.645 18.531 20.655 23.045 25.733 28.755 32.150 12 683 13.412 14 192 15.026 15.917 16.870 18.977 21 384 24.133 27.271 30.850 34 931 39.581 13.809 14.680 15.618 16.627 17 713 18.882 21.49524 523 28.029 32.089 38 786 42 219 48.497 14.94715.97417 086 18.292 19.599 21.015 24 215 27 975 32 393 37581 43,672 50.818 59.196 16.097 17 29318.599 20.024 21.579 23 276 27.152 31.77237 280 43.842 51 660 60.965 72.035 22 019 2429726 870 29.778 33 066 36.786 45762 57 27572052 91025 115.380 146.628 186.688 28 243 32.03036.459 41 646 47 727 54 865 73.106 98.347 133.334 181 871 249 214 342 603 471.981 34 785 40.568 47.575 56.08566.439 79.058 113 283 164 494 241.333 356.787 530 312 790.948 1.181.882 48.88660.40275 401 95.026 120.800 154 762 259,057 442.593 767 0911.342025 2.360.757 4.163.2137.343.858 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 Period 30 Period 40 with you ars Present value of $1 Present Value of $1 interest table) able) reach sce Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0990 0.980 0971 0.9620.9520943 09260.9090.893 0.877 0.862 0.847 0.833 Period 2 0980 0.961 0943 0.925 0907 0.890 0857 0.826 0.797 0769 0.743 0.7180.694 Period 3 0.971 0.942 0915 0.889 0.864 0.840 0794 0.751 0.712 0.675 0.641 06090 579 Period 4 0.961 0924 0.888 0.855 0.823 0.792 0.735 0 6830.636 0.592 0.5520 516 0.482 Period 5 0.951 0906 08630.822 0.784 0.747 0.681 0.621 0 567 05190.4780437 0.402 Period 6 0.942 0.888 0.837 0.750 0.746 0.705 0 630 0.5640507 0.456 0.410 0.3700335 Period 7 0.933 0 871 0813 0.750 0.711 0.665 0 5830 513 04520 4000354 0.3140.279 Period 8 0923 0.853 0.789 0.731 0 677 0.6270.540 0.467 0.4040.351 0305 0.266 0.233 Period 9 0.914 0.837 0.7680 703 0.6450.592 0.500 0.424 0 361 0308 0263 0225 0.194 Period 10 0.905 0.820 0.744 0.676 0.8140558 0463 0 396 0322 0 270 0.227 0.191 0.162 Period 110.896 0.804 0.7220 650 0 5850 527 0.429 0.350 0.287 02370 1950 1620135 Poriod 12 0.887 0788 0.701 0.625 05570.497 0.397 03190 257 0.208 0.168 0.1370. 112 Period 13 0.879 0.773 0.681 0.001 0.530 0469 0 368 0.2900 229 0182 0.145 0.116 0 093 Period 14 0 870 0758 0661 0577 0.505 0442 0.340 0 263 0.205 0.160 0.125 0.099 0078 Period 15 0.881 0.743 0.6420 555 0.481 0.417 0.3150 2390 1830 1400 108 0.084 0.005 Period 20 0.820 0 873 05540.456 0377 0.312 0215 0 149 0104 0.073 00510037 0028 Period 25 0.780 0.610 0.4780375 0 295 023301460092 0.059 0.038 0.024 0018 0.010 Period 30 0.742 0552 0.412 03080.231 0.1740 099 0.057 0.033 0.0200012 0.007 0.004 Period 40 0.672 0 4530 3070 200 0 142 0.097 0.0460022 0.011 0.005 0.003 0.001 0.001 Print Done re hain Drtune with ght years Future value of $1 Future Value of $1 an 8% intet y factor tabl factor table Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 1010 1020 1 030 1.041 1051 2% 1020 1040 1061 1.082 1104 3% 1.030 1061 1.093 1126 1.159 4% 1.040 1082 1.125 1.170 1217 5% 1.050 1. 103 1 158 1 216 1 278 1 191 blues for eac 1062 1 072 1083 1004 1.105 1 126 1 149 1 172 1 195 1 219 1 194 12 1 287 1305 1 344 1.265 1 316 1 369 1423 1 480 1340 1.407 1477 1.551 1629 Period 6 Period 7 Period & Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 period 30 Period 40 6% 8% 10% 12% 14% 16% 18% 20% 1 060 1.080 1.100 1. 120 1 140 1. 160 1180 1200 1 124 1.166 1210 1 254 1 300 1346 1 392 1440 1260 1.331 1405 1 482 1.561 1.643 1728 1262 1360 1.464 1 574 1689 1.811 1.939 2074 1338 1.469 1611 1762 1925 2100 2 288 2488 1419 1.587 1.772 1974 2 195 2436 2.700 2.986 1504 1714 1 949 2.211 2502 2828 3.185 3.583 1594 1 851 2144 2476 2.853 3.278 3.759 4300 1.689 1.999 2358 2773 3 252 3.803 4.435 5.160 1791 2.159 2594 3.106 3.707 4.411 5.234 8.192 1 890 2332 2853 3.479 4228 5 117 6.176 7430 2012 2518 3.138 3.896 4.818 5.936 7 288 8.916 2133 2.720 3.452 4363 5.492 6.888 8.599 10.699 2261 2937 3.797 4.887 6.261 7.988 10.147 12 839 2.397 3172 4.177 5 474 7139 9.268 11.974 15.407 3.207 4.661 6.727 9 646 13.743 19.481 27 393 38 338 4292 8.848 10 83517.000 26 462 40.874 82 669 95 396 5.743 10083 17449 29.960 50 950 85 850 143371 237 378 10 288 21725 45 25993 051 188 884 378 721 750 3781489772 1 116 1127 1.138 1.149 1181 1220 1.282 1 348 1.489 1243 1268 1.294 1319 1.346 1384 1426 1.469 1513 1558 1539 1601 1.865 1732 1801 1.710 1796 1 886 1980 2.079 2 853 3.380 4322 70.00 1486 1641 1 811 2208 1 805 2 191 2094 2.066 2427 3243 3 262 4801