Please answer the following requirements correctly.
Angela wants to take the next five years of work to travel around the world. She estimates her annual cash needs at $34,000 (If she needs more, she will work odd jobs) Angela believes she can invest her savings at 10% until she depletes her funds. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) Click the icon to view Future Value of Ordinary Annuity of S1 table.) Read the requirements Requirement 1. How much money does Angela need now to fund her travels? (Round your answer to the nearest whole dollar) With the 10% interest rate, Angela needs $ Requirements - X 1. How much money does Angela need now to fund her travels? 2. After speaking with a number of banks, Angela learns she will only be able to Invest hor funds at 4%. How much does she need now to fund her travels? Print Done Enter any number in the edit fields and then click Check Answer 2 parts remaining Clear All Check Answer Present Value of $1 Periods 3% 4% 7% 1 2 3 16% 0.862 0.743 0.641 0.552 0.476 18% 0.847 0.718 0.609 0.516 0437 20% 0.833 0.694 0.579 0.482 0.402 4 5 7 8 9 10 0722 0388 11 12 13 14 15 1% 2% 0.990 0.980 0.980 0.961 0.971 0.942 0.961 0.924 0.951 0.906 0.942 0.888 0.933 0.871 0.923 0.853 0.914 0.837 0.905 0.820 0896 0.804 0.887 0.788 0.879 0.773 0.870 0.758 0.861 0.743 0.853 0.728 0.844 0.714 0.836 0.700 0.828 0.686 0.820 0.673 0.811 0 660 0.803 0.647 0.795 0.634 0.788 0.622 0.780 0.610 0.772 0.598 0.764 0.586 0.757 0.574 0.749 0.563 5% 6% 0.971 0.962 0.952 0.943 0.935 0.943 0.925 0.907 0.890 0.873 0.915 0.889 0.864 0.840 0.816 0.888 0855 0.823 0.792 0.763 0.863 0.822 0.784 0.747 0.713 0.837 0.790 0.746 0.705 0.666 0.813 0.760 0.711 0 665 0.623 0.789 0.731 0.677 0.627 0.582 0.766 0.703 0.6450.5920.544 0.744 0.676 0.614 0.558 0.508 0.650 0.585 0.527 0.475 0.701 0.625 0.557 0.497 0.444 0681 0.601 0.530 0.469 0.415 0.661 0.577 0.505 0.442 0388 0.642 0.5550481 0.417 0.362 0.623 0.534 0.458 0.394 0.339 0.605 0.513 0.436 0.371 0.317 0.587 0.494 0.416 0.350 0.296 0570 0.475 0.396 0.331 0.277 0.554 0.456 0.377 0.312 0 258 0.538 0.439 0359 0.294 0.242 0.522 0.422 0.342 0.278 0.226 0.507 0.406 0.326 0.262 0211 0.492 0.390 0.310 0.247 0.197 0.478 0.375 0 295 0.233 0.184 0.464 0.361 0.281 0.220 0.172 0.450 0.347 0.268 0.207 0.161 0.437 0.333 0.255 0.196 0.150 0.424 0.321 0.243 0.185 0.141 A AAA 8% 9% 10% 12% 14% 15% 0.926 0.917 0.909 0.893 0877 0.870 0.857 0842 0.826 0.797 0.769 0.756 0.794 0.772 0.751 0.712 0.675 0.658 0.735 0.708 0.683 0.636 0.592 0572 0.681 0.650 0.621 0.567 0.519 0.497 0.630 0596 0.564 0.507 0.456 0.432 0.583 0547 0.513 0.452 0.400 0.376 0.540 0.502 0.467 0.404 0.351 0.327 0.500 0.460 0.424 0.361 0.308 0284 0463 0.422 0.386 0.322 0.270 0.247 0.429 0.350 0.287 0.237 0.215 0397 0.356 0.319 0.257 0.208 0.187 0.368 0.326 0.290 0.229 0.182 0.163 0340 0 299 0.263 0.205 0.160 0.141 0315 0.275 0.239 0.183 0.140 0.123 0.292 0.252 0.218 0.163 0.123 0.107 0.270 0.231 0.198 0.146 0.108 0.093 0.250 0.180 0.130 0.095 0.081 0232 0.194 0.164 0.116 0.083 0.070 0215 0.178 0.149 0.104 0.073 0.061 0.199 0.164 0.135 0.093 0.064 0.053 0.184 0.150 0.123 0.083 0.056 0.046 0.170 0.138 0.112 0.074 0.049 0.040 0.158 0.126 0.102 0.066 0.043 0.035 0.146 0.116 0.092 0.059 0.038 0.030 0.135 0.106 0.084 0.053 0.033 0.026 0.125 0.098 0.076 0.047 0.029 0.023 0.116 0.090 0.069 0.042 0.026 0.020 0.107 0.082 0.063 0.037 0.022 0.017 non 7 0039 nnn AME 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 16 17 18 19 20 0.410 0.370 0354 0.314 0.305 0266 0.263 0.225 0.227 0.191 0.195 0.162 0.168 0.137 0.145 0.116 0.125 0.099 0.108 0.084 0.093 0.071 0.080 0.060 0.069 0.051 0.060 0.043 0.051 0.037 0.044 0.031 0.038 0.026 0.033 0.022 0.028 0019 0.024 0.016 0.021 0.014 0.018 0.011 0.016 0.010 0.014 0.008 A2 0212 21 22 23 24 25 0.022 0.018 0.015 0.013 0010 0009 0.007 0.006 0.005 26 27 28 29 7 A ECO no ATE Print Done 29 30 40 0.749 0.742 0.672 0.563 0.552 0.424 0.412 0.321 0.308 0.185 0.174 0.097 0.141 0.131 0.107 0.099 0.082 0.075 0243 0.231 0.142 0.087 0.063 0.057 0.022 0.009 0.022 0.020 0.005 0.008 0.007 0.037 0.033 0.011 0.003 0.017 0.015 0.004 0.005 0.004 0.014 0.012 0.003 0.453 0307 0.208 0.067 0.046 0032 0.001 0.001 50 0.608 0.372 0228 0.141 0.054 0.034 0.021 0.013 0.001 0.001 0.001 Print Done Periods 8% 1 2 3 4 5 6 8 9 10 11 12 13 14 15 Present Value of Ordinary Annuity of $1 1% 2% 3% 4% 5% 6% 7% 9% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.970 1.942 1.913 1.886 1859 1.833 1.808 1.783 1.759 1.736 2941 2884 2.829 2.775 2.723 2673 2.624 2.577 2.531 2.487 3.902 3.808 3.717 3.630 3.546 3.465 3387 3.312 3.240 3.170 4.853 4.713 4.580 4.452 4.329 4212 4.100 3.993 3.890 3.791 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 6.728 6.472 6.230 6.002 5786 5.582 5.389 5.206 5.033 4.868 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 8.566 8.162 7.786 7.435 7.108 6 802 6.515 6.247 5.995 5.759 9.471 8.983 8.530 8.111 7.722 7360 7.024 6.710 6.418 6.145 10.368 9.787 9.253 8.761 8.306 7887 7.499 7.139 6.805 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7161 6.814 12.134 11.348 10.635 | 9.986 9.394 8.853 8.358 7.904 7.487 7.103 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 14.718 13.578 12.561 11652 10.838 10.106 9.447 8 851 8.313 7.824 15.562 14.292 13.166 12.166 11 274 10.4779.763 9.122 8.544 8.022 16. 398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 17.226 15.678 14.324 13.13412085 11.158 10.336 9.604 8.950 8.365 18.046 16.351 14.877 13.590 12462 11.470 10.5949.818 9.129 8.514 18.857 17.011 15.415 14.029 12821 11.764 10.836 10.0179.292 8 649 19.660 17.658 15.93714.451 13.163 12.042 11.061 10.2019.442 8.772 20.456 18.292 | 16.44414857 13.489 12.303 11.272 10.371 9.580 8.883 21.243 18.914 16.936 15 247 13.79912 550 11.469 10.529 9.707 8.985 22.023 19.523 17.41315.622 14.094 12.783 11.654 10.675 9.823 9.077 22.795 20.12117.877 15.983 14.375 13.003 11.826 10.8109.929 9.161 23.560 20.707 18.327 16.330 14.643 13.211 11.987 10.935 10.027 9.237 24.316 21.28118.764 16.663 14.898 13.406 12 137 11.051 10.116 9.307 25.066 21.844 19.188 16.984 15.141 13.591 12 278 11.158 10.1989.370 000 40.00 45.706 18 103 12% 14% 0.893 0.877 1.690 1.647 2.402 2.322 3.037 2.914 3.605 3.433 4.111 3.889 4.5644 288 4.968 4.639 5.328 4.946 5.650 5216 5.938 5.453 6.194 5.660 6.424 5.842 6.628 6.002 6.811 6.142 6.974 6.265 7.120 6.373 7.250 6.467 7.366 6.550 7.469 6.623 7562 6.687 7.645 6.743 7.718 6.792 7.784 6.835 7.843 6.873 7.896 6.906 7.943 6.935 7.984 6.961 8.022 6.983 7.000 15% 16% 18% 20% 0.870 0.862 0.847 0.833 1.626 1.605 1.566 1.528 2.283 2.246 2.174 2.106 2.855 2.798 2.690 2.589 3.352 3.274 3.127 2.991 3.784 3.685 3.498 3.326 4.160 4.039 3.812 3.605 4.487 4344 4.078 3.837 4.772 4.607 4.303 4.031 5.019 4.833 4.494 4.192 5.234 5.029 4.656 4.327 5.421 5.197 4.793 4.439 5.583 5.342 4.910 4.533 5.724 5.468 5.008 4.611 5.847 5.575 5.092 4.675 5.954 5.669 5.162 4.730 6.047 5.749 5.222 4.775 6.128 5.818 5.273 4.812 6.198 5.877 5.3164.844 6.259 5.9295.353 4870 6.312 5.973 5,384 4.891 6.359 6.011 5.410 4.909 6.399 6.044 5.432 4.925 6.434 6.073 5.451 4.937 6.464 6.097 5.467 4948 6.491 6.118 5.480 4956 6.514 6.136 5.492 4964 6.534 6.152 5.502 4.970 6.551 6.166 5.510 4.975 cec 2477 5647 4.070 16 17 18 19 20 21 22 23 24 25 26 27 28 29 non 17.00 4627 4 CO AMAZA n17 O.ACE Print Done 29 30 6.983 7003 7.105 6.551 6566 6.166 6.177 25.066 21.844 19.188 16.984 15.141 13.591 12 278 11.158 10.1989.3708.022 25,808 22.396 19.600 17.292 15.372 13.76512409 11.258 10.274 9.427 8.055 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.244 39.196 31.424 25730 21.482 18.256 15.762 13.801 12.233 10.962 9.915 8.304 5.510 5.517 5.548 4.975 4.979 4 997 40 50 6.233 6.642 6.661 7.133 6.246 5.554 4.999 Print Done Periods 1 2 3 4 5 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1.217 1.265 1 316 1.369 1.423 1.480 7 8 1.062 1.072 1.083 1.094 1.105 1.194 1.230 1.267 1.305 1.344 9 10 11 12 13 14 15 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1.384 1.426 1.469 1.513 1.558 Future Value of $1 5% 6% 7% 8% 9% 10% 1.050 1.060 1.070 1.080 1.090 1.100 1.103 1.124 1.145 1.166 1.188 1210 1.158 1.191 1.225 1.260 1.295 1.331 1.216 1.262 1.311 1.360 1.412 1.464 1276 1338 1.403 1.469 1.539 1.611 1.340 1.419 1.501 1.587 1.677 1.772 1.407 1.504 1606 1.714 1.828 1.949 1.477 1594 1.718 1851 1.993 2.144 1.551 1.689 1.838 1.999 2.172 2.358 1.629 1.791 1.967 2.159 2.367 2594 1.710 1.898 2.105 2332 2.580 2.853 1.796 2012 2 252 2518 2.813 3.138 1.886 2.133 2410 2.720 3.066 3.452 1.980 2261 2.579 2.937 3.342 3.798 2.079 2397 2.759 3.172 3.642 4.177 2.183 2.540 2.952 3.426 3.970 4.595 2 292 26933.159 3.700 4.328 5,054 2.407 2.854 3.380 3.996 4.717 5.560 2.527 3.026 3617 4316 5.142 6.116 2.653 3.207 3 870 4.661 5.604 6.727 2.786 3.400 4.141 5.034 6.109 7.400 2.925 3.604 4.430 5.4376.659 8.140 3.072 3.820 4.741 5.871 7.258 8.954 3.225 4,049 5.072 6.341 7.911 9.850 3.386 4.292 5.427 6.848 8.623 10.83 3.556 4.549 5.807 7.396 9.399 11.92 3.733 4.822 6.214 7.988 10.25 13.11 3.920 5.112 6.649 8.627 11.17 14.42 4.116 5.418 7.114 9317 12.17 15.86 - 742 70 un ne 4.745 16 17 18 19 20 12% 14% 15% 1.120 1.140 1.150 1.254 1.300 1.323 1.405 1.482 1.521 1.574 1.689 1.749 1.762 1.925 2011 1.974 2.1952 313 2.211 2.502 2.660 2.476 2.853 3.059 2.773 3.252 3.518 3.106 3.707 4.046 3.479 4.226 4.652 3.896 4.818 5.350 4.363 5.492 6.153 4.887 6.261 7.076 5.474 7.138 8.137 6.130 8.137 9.358 6.866 9.276 10.76 7.690 10.58 12.38 8.613 12.06 14.23 9.646 13.74 16.37 10.80 15.67 18.82 12.10 17.86 21.64 13.55 20.36 24.89 15.18 23.21 28.63 17.00 26.46 32.92 19.04 30.17 37.86 21.32 34.39 43.54 23.88 39.20 50.07 26.75 44.69 57.58 0.00 ER AE 1.173 1.184 1.196 1.208 1.220 1.539 1.601 1.665 1.732 1.801 1.873 1.948 2.026 2.107 2.191 2.279 2.370 2.465 2.563 2.666 2.772 2.883 2.999 3.119 1.373 1.400 1.428 1.457 1.486 1.516 1.546 1.577 1.608 1.641 1.605 1.653 1.702 1.754 1.806 1.860 1.916 1.974 2.033 2.094 21 22 23 24 25 1 232 1.245 1.257 1.270 1.282 1.295 1.308 1.321 1.335 1240 26 27 28 29 1.673 1.707 1.741 1.776 2.157 2.221 2.288 2.357 17 4044 1927 Print Done 29 30 1.776 1.811 2.208 2.357 2427 3.262 3.119 3.243 4.116 4.322 1.335 1.348 1.489 1.645 15.86 17.45 3.2 44.69 50.95 OV.UZ 57 58 66.21 40 4.801 7.040 11.47 5418 7.114 5.743 7.612 10,29 14.97 18.42 29.46 9.317 12.17 10.06 13.27 21.72 31.41 46.90 74.36 26.75 29.96 93.05 289.0 50 2.692 4.384 7.107 45 26 117.4 188.9 267.9 700 2 1,084 Periods 5% 1 2 3 4 ch 6 7 8 9 10 11 12 13 14 15 Future Value of Ordinary Annuity of $1 1% 2% 3% 4% 6% 7% 8% 9% 10% 12% 14% 15% 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 2010 2.020 2030 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 3.030 3.060 3.091 3.122 3.153 3.184 3.215 3.246 3.278 3.310 3.374 3.440 3.473 4.060 4.122 4.184 4.246 4.310 4.375 4.440 4.506 4.573 4.641 4.779 4.921 4.993 5.101 5.204 5.309 5.416 5.526 5.637 5.751 5.867 5.985 6.105 6.353 6.610 6.742 6.152 6.308 6.468 6.633 6.802 6.975 7.153 7.336 7.716 8.115 8,536 8.754 7.214 7.4347.6627.898 8.142 8.394 8.6548.923 9.200 9.487 10.09 10.73 11.07 8.286 8.583 8.8929.214 9.549 9.897 10.260 10.64 11.03 1144 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.98 1249 13.02 13.58 14.78 16.09 16.79 10.46 10.95 11.46 12.01 12.58 13.18 13.82 14.49 15.19 15.94 19.34 20.30 11.57 12.17 12.81 13.49 14.21 1497 1578 16.65 17.56 18.53 20.65 23.04 24.35 12.68 13.41 14.19 15.03 15.92 16.87 17.89 18.98 20.14 21.38 24.13 2727 | 29.00 13.81 14.68 15.62 16.63 1771 18.88 | 20.14 21.50 22.95 24.52 28.03 32.09 34.35 14.95 15.97 17.09 18 29 19.6021.02 22.55 | 24.21 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.58 23.28 25.13 | 27 15 29.363177 37.28 43.84 4758 17.26 18.64 20.16 21.8223.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 2821 30.84 33.75 36.97 40.54 48.88 59.12 6508 19.61 21.41 23.41 25.6528.13 30.9134.00 37.45 41.30 45.60 55.75 68.39 75.84 20.81 22.84 25.12 27.67 30.54 33.76 37 38 41.45 46.02 51.16 63.44 78.97 88.21 22.02 24.30 26.87 29.78 33.07 36.79 41.00 45.76 51.16 57.28 72.05 91.02 1024 23 24 25.78 28.68 31.9735.7239.99 44.87 50.42 56.76 64.008170 104.8 118.8 24.47 27.30 34.25 38.51 43.39 49.01 55.46 62.87 71.40 92.50 120.4 1376 25.72 28.85 32.45 36.62 41.43 47.00 53.44 60.89 69.53 79 54 104.6 138.3 159.3 26.97 30.42 34.43 39.08 44.50 50.82 58.18 66.76 76.79 88.50 118.2 158.7 184.2 28.24 32.03 36.46 41.65 47.73 54.86 63.25 73.11 84.70 98.35 1333 1819 212.8 29.53 33.67 38.55 44.31 51.11 59.16 68.68 79.95 93.32 1092 150.3 208.3 245.7 30.82 35.34 40.71 47.08 54.67 63.71 74.48 87.35 102.7 121.1 169.4 238.5 283.6 32.13 37.05 42.93 49.97 58.40 68.53 80.70 95 34 113.0 1342 190.7 272.9 3271 33.45 38.79 45.22 5297 62.32 73.64 87.35 104.0 124.1 148.6 214.6 3121 377.2 47.60 CC 4 70.00 AB 200 16 17 18 19 20 21 22 23 24 25 30.54 26 27 28 29 DA 70 se no 42 4947 Print Done 29 30 45.22 47.58 5297 56.08 73.64 79.06 87.35 94.46 124.1 136.3 40 33.45 34.78 48.89 64.46 38.79 40.57 60.40 84.58 75.40 62.32 66.44 120.8 209.3 1548 104.0 113.3 259.1 573.8 95.03 152.7 148.6 214,6 3121 377.2 1645 241.3356.8 434.7 442.6 7671 1,342 1,779 1,164 2,400 4,995 7,218 199.6 50 3379 8151 290.3 406,5 Print Done