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Present and future value tables of $1 at 3% are presented below. N FV $1 1 1.03000 PV $1 0.97087 FVA $1 PVA $1 FVAD

Present and future value tables of $1 at 3% are presented below. N FV $1 1 1.03000 PV $1 0.97087 FVA $1 PVA $1 FVAD $1 1.0000 0.97087 1.0300 PVAD $1 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12 1.42576 0.70138 14.1920 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 12.8078 9.25262 13.1920 9.53020 9.95400 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 18.5989 20.1569 12.56110 11.93794 19.1569 12.29607 20.7616 12.93794 Bill wants to give Maria a $570,000 gift in 5 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today

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