Present and future value tables of $1 at 3% are presented below: N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 10.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 10.83748 7 1.22987 10.81309 8 1.26677 0.78941 9 1.30477 10.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 FVA $1 PVA $1 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Shelley wants to cash in her winning lottery ticket. She can either receive sixteen, $191,000 semiannual payments starting today, or she can receive a single-amount payment today based on a 6% annual interest rate What is the single amount payment she can receive today? payment she can receive today? Multiple Choice $1,629,260. s $1,531,761. $1,421,212 $2,471,147 Present and future value tables of $1 at 3% are presented below: les N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 10.94260 3 1.09273 0.91514 4 1.12551 10.88849 5 1.15927 10.86261 6 1.19405 (0.83748 7 1.22987 0.81309 1.26677 0.78941 1.30477 0.76642 10 11.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 FVA $1 PVA $1 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 (11.29607 18.5989 11.93794 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 8|9|1-1 Today, Thomas deposited $170,000 in a 3-year, 12% CD that compounds quarterly What is the maturity value of the CD