6 Year 3% 5% .837 1.746 8 10 Table of Present Value Factors 12 15 20 Interest Rate .744 7% 8% 666 .630 9% .789 .677 582 .540 .502 .614 508 463 .701 557 444 .642 481 1362 .554 .377 1.258 596 .215 422 .397 1356 315 .275 .178 Year 6 8 10 12 15 Table of Present Value Annuity Factors Interest Rate 20 HAURATON 3% 5.417 7.020 8.530 5% 5.076 7% 4.767 6.463 5.971 7.722 7.943 8% 4.623 7.024 6.710 5.747 14.878 12.462 10.594 9.954 8.863 7.536 11.938 10.380 9.108 8.560 9% 4.486 5.535 6.418 7.161 8.061 9.818 9.129 Present Value of a Single Amount What is the amount you should invest today to have $63,250 in 8 years? $49,904 Present Value of an Annuity Now the 8 years have passed, and you are ready to pull some money out this money and move it into a fund that will earn 5% interest annually. An $7,906 $49,904 H. You talk $9,010 ion tacklin Present Value of an Annuity $9,010 talked to your investment advisor who says you can talk Now the 8 years have passed, and you are ready to pull some money out of your this money and move it into a fund that will earn 5% interest annually. And you $8,191 ckling most of your bucket list items over the next 10 years. What is the annual amount you will have to spend for your bucket list activities? $7,906