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Present and future value tables of $1 at 3% are presented below: N 1 2 I w 4 5 6 7 8 FV $1 PV

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Present and future value tables of $1 at 3% are presented below: N 1 2 I w 4 5 6 7 8 FV $1 PV $ 1 FVA $1 1.030000.97087 1.0000 1.06090 0.94260 2.0300 1.09273 0.91514 3.0909 1.12551 0.88849 4.1836 1.15927 0.862615.3091 1.19405 0.83748 6.4684 1.22987 0.81309 7.6625 1.26677 0.78941 8.8923 1.30477 0.76642 10.1591 1.34392 0.74409 11.4639 1.38423 0.72242 12.8078 1.42576 0.70138 14.1920 1.46853 0.68095 15.6178 1.51259 0.66112 17.0863 1.55797 10.64186 18.5989 1.60471 0.62317 20.1569 PVA $ 1FVAD $ 1PVAD $1 0.97087 1.0300 1.00000 1.91347 2.0909 1.97087 2.82861 3.1836 2.91347 3.71710 4.3091 3.82861 4.57971 5.4684 4.71710 5.41719 6.6625 5.57971 6.23028 7.8923 6.41719 7.01969 9.1591 7.23028 7 .78611 10.4639 8.01969 8.53020 11.8078 8.78611 9.25262 13.1920 9.53020 9.95400 14.6178 10.25262 10.63496 16.0863 10.95400 11.29607 17.5989 11.63496 11.93794 19.1569 12.29607 12.56110 2 0.7616 12.93794 9 11 12 | 13 14 15 16 Bill wants to give Maria a $540,000 gift in 5 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today

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