Provided are links to the present and future value tables (PV of $1. EV of $1. PVA of $1, and FVA of S1) (Use appropriate foctor(s) from the tables provided. Round your answer to the nearest whole doller.) a. How much would you have to deposit today if you wanted to have $63,000 in five years? Annual interest rate is 8% b. Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $17,500 when you graduate? (Round your answer to 2 decimal places.) C-1. Calculate the future value of an investment of $751 for nine years earning an interest of 12% (Round your answer to 2 decimal places.) c-2. Would you rather have $751 now or $1,800 nine years from now? d. Assume that a college parking sticker today costs $90If the cost of parking is increasing at the rate of 4% per year how much will the college parking sticker cost in nine years? (Round your answer to 2 decimal places.) e. Assume that the average price of a new home is $131,000. If the cost of a new home is increasing at a rate of 9% per year, how much will a new home cost in nine years? (Round your answer to 2 decimal places.) f. An investment will pay you $12,500 in 10 years, and it will also pay you $350 at the end of each of the next 10 years (years 1 thru 10). If the annual interest rate is 6%, how much would you be willing to pay today for this type of investment? (Round your intermediate calculations and final answer to the nearest whole dollar.) 9. A college student is reported in the newspaper as having won $13,000,000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $13 million now. Instead she will receive $650,000 at the end of the year for each of the next 20 years. If the annual interest rate is 5%, what is the present value today's amount') that she won? (ignore taxes), (Round your answer to nearest whole dollar.) a Present value b Present value c1 Future value c2 Would you rather have 5751 now or $1.600 nine years from now? d Future value e Future value 1 Present value g Present value TABLE B.1: Present Value of 1 p=1/(1+i)" Rato Periods 1% 2% 3K 4% 5% G% 7% 8% 9% 10% 12% 15% 1 0.9901 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 2 0.9259 0.9174 0.9803 0.9091 0.9426 0.8929 0.9612 0.8696 0.9246 0.9070 0.8900 0.8734 0.8573 0.8417 3 0.9706 0.8264 0.7972 0.7561 0.9423 0.9151 0.8890 0.8638 0.8396 0.8163 0.7938 0.7722 4 0.7513 0.7118 0.6575 0.9610 0.9238 0.8885 0.8548 0.8227 0.7921 0.7629 0.7350 0.7084 5 0.6355 0.6830 0.5718 0.9515 0.9057 0.8626 0.8219 0.7835 0.7473 0.7130 0.6806 0.6499 0.6209 0.5674 6 0.9420 0.4972 0.8880 0.8375 0.7903 0.7462 0.7050 0.6663 0.6302 0.5963 0.5645 0.5066 0.4323 2 0.9327 0.8706 0.8131 0.7599 0.7107 0.6651 0.6227 0.5835 0.5470 0.5132 0.4523 0.3759 8 0.9235 0.8535 0.7894 0.7307 0.6768 0.6274 0.5820 0.5403 0.5019 0.4665 0.4039 0.3269 9 0.9143 0.8368 0.7664 0.7026 0.6446 0.5919 0.5439 0,5002 0:4604 0.4241 0.3606 0.2843 10 0.9053 0.8203 0.7441 0.6756 0.6139 0.5584 0.5083 0.4632 0.4224 0.3855 0.3220 0.2472 11 0.8963 0.8043 0.7224 0.6496 0.5847 0.5268 0.4751 0.4289 0.3875 0.3505 0.2875 0.2149 12 0.8874 0.7885 0.7014 0.6246 0.5568 0.4970 0.4440 0.3971 0.3555 0.3186 0.2567 0.1869 08787 0.7730 0.6810 0.6006 0.5303 0.4688 04150 0.3677 0.3262 0.2897 0.2292 0.1625 0.8700 0.7579 0.6611 0.5775 0.5051 0.4423 0.3878 0.3405 0.2992 0.2633 0.2016 0.1413 0.8613 0.7430 0.5419 0.5553 0.4810 0.4173 0.3624 0.3152 0.2745 0.2294 0.1827 0.1229 0.8528 0.7284 0.6232 0.5339 0.4581 0.3936 0.3387 0.2919 0.2519 0.2176 0.1631 0.1069 17 0.8444 0.7142 0.6050 0.5134 0.4363 0.3714 0.3166 0.2703 0.2311 0.1978 0.1456 0.0929 18 0.8360 0.7002 0.5874 0.4936 0.4155 0.3503 0.2959 0.2502 0.2120 0.1799 0.1300 0.0808 19 0.8277 0.5864 0.5703 0.4746 0.3957 0.3305 0.2765 0.2317 0.1945 0.1635 0.1165 0.0703 20 08195 0.6730 0.5537 0.4564 0.3769 0.311B 0.2584 0.2145 0.1784 0.1486 0.1037 0.0611 25 0.7798 0.6095 0.4776 0.3751 0.2953 0.2230 0.1842 0.1460 0.1160 0.0923 0.0588 0.0304 30 07419 0.5521 0.4120 0.3083 0.2314 0.1741 0.1314 0.0994 0.0754 0.0573 0.0334 0.0151 35 0.7059 0.5000 0.3554 0.2534 0.1813 0.1301 0.0937 0.0676 0.0190 0.0356 0.0189 0.0075 40 0.6717 04529 0.3066 0.2013 0.1420 0.0972 0.0668 0.0460 0.0318 0.0221 0.0107 00037 Used the value of nature mot. For example: How much you do 10 de mi to come in your Unge-1256.012. protams, 350 You would love 27x0.500 13 14 15 16 TABLE B.2 Futute Value of 1 f=(1+1) Rato Periods 1% 2% 3% 4% 5% 6% 78 % 28 9% 10% 12% 15% 0 1 2 3 4 5 7 1.0000 1.000 1.1236 1.1910 1.2625 1.3382 1.4185 1.5036 1.5938 1.GROS 5.7908 1.8989 2.0122 2.1329 2.2009 2.3966 0099 8 5689 1.0000 1.0000 1.0000 10000 1.0000 1.0100 1.0200 1.0300 10400 1.0500 1.0201 1.0404 1.0600 1.0816 1.1025 10303 1.0612 1.0927 1.1249 1.1576 1.0406 1.0824 1.1255 1.1699 1 2155 10510 1.1041 1.1593 1.2167 12763 1.0615 1.1262 1.1941 1.2653 1.3401 10121 1.1457 12299 1.3159 1.4071 1.0829 1.1717 12668 13686 1.4775 1.0937 1.9951 1.3045 1.4233 1.5513 1.1046 12190 1.3439 1.4402 16289 1.1157 1.2434 13842 1.5395 1.2103 1.1260 2002 1.4258 1.6010 1.7950 1.1381 12936 1.4685 16651 1.8856 1.1605 13195 1.5126 1.7317 1.9799 1.1610 1.3459 1.5580 1.2009 2070 1.1726 1.3728 1.6047 18730 2.1829 1.1843 1.1002 15528 1.9479 2.2920 1.1965 1.4282 1.7024 2.0258 2.4066 1.2001 1.4568 1.7535 2.106 2.5270 1.2202 14850 1.8061 2.1911 26 1.2824 1.5406 20939 2.6658 3.3854 1347 13114 24273 3.2434 4.129 14166 1.9999 2.813 29651 10 1. AS 2200 2.2620 4 3010 7 000 9 10 11 12 13 12 15 16 12 18 10 20 25 30 25 1.0000 1.0700 1.1449 1.2250 1.3108 1.4026 1.5007 1.6058 1.7182 1.8385 1.9672 2.1049 2.2522 2.4098 2.5785 2.7500 2.9922 3.1588 3.3700 226185 3.1007 5.4274 76123 10.6166 14.534 1.0000 1.0000 10000 1.0000 10000 10800 1.0900 1. 1000 1.1200 11500 1.1664 1.1881 1.2100 1.2544 13225 1.2597 1.2950 1.3310 1.4049 1.5209 13605 1,4116 1 4641 1.5735 1.7490 14692 1.5386 1 6105 1.7621 20110 15869 1,6771 1.7716 1.9738 23131 1.7138 1.8280 1 9487 22102 1.8509 1.9926 2.1476 24760 305.00 1.9990 2.1719 2.3579 2.7731 12.5129 2.1589 2.3674 25937 3.108 40156 2.3316 2.5804 2.86.31 3.4785 46524 2.5182 28127 1334 S350 2.7196 3.0658 3.4523 4.3635 61520 2.9372 1.3417 3.7975 48871 7.0757 3.1722 3.6425 41772 5.4736 81371 314259 3.9703 15050 61304 9.3526 3.7000 4.3276 50545 6 BSO 10 7613 39060 42171 55599 2.6900 12.3765 43157 5.1417 61159 8.6128 142318 46610 5.COL 67275 9.6 16665 6.8485 8.6231 108547 17.0001 10.0627 13277 17.4694 6211 14.7853 20.4160 2 1024 52. 133.1759 21.7246 312054 910510 2675 OME DOVSTE 2.6928 2543 3.0256 22071 42919 1 ONZE SENS 03155 76861 16 2057 of he them SLO1000 DR p=[- (1 + i)" TABLE B.3 Present Value of an Annuity of 1 Rate Periods 1% 2% 3% 4% 5% 6% 7% 8 9% 10% 12% 15% 1 0.9901 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 0.9259 09178 0.9091 0.8929 2 1.9704 1.9416 1.9135 1.8861 0.8696 1.8594 1.8334 1.8080 1.7833 2.9410 1.7355 2 1.7591 1.6901 28839 16257 2.8286 2.7751 2.7232 26730 2.6243 2.5771 25313 24869 2.4018 2.2832 4 3.9020 3.8077 3.7171 3.6290 3.5460 3.4651 2.3872 3.3121 32397 3.1699 3.0373 29550 5 48534 4.7135 45797 4,4518 43295 4.2124 4.1002 39927 3.8897 3.7908 3.6048 3.3522 6 5.7955 5,6014 5.4172 5.2421 5.0757 4.9173 4.7665 4.6229 4.4859 43553 4.1114 3.7845 7 6.2282 6.4720 6.2303 6.0021 5.7864 5.5824 53893 5.2064 5.0330 48684 45638 41604 B 76517 73255 7.0197 6.7327 6.4632 6.2098 5.9713 5.7466 5.6348 5:3349 49676 4.4873 9 8.5650 8.1622 7.7861 7.4353 7.1078 6.8017 65152 6.2469 59952 57590 5.3282 4.7716 10 9.4713 8.9826 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101 64177 6.1446 5.602 5.0188 11 10.3676 97868 9.2526 8.7605 8.3064 7.8869 7.4987 7.1390 6.8052 6.4951 50 52237 12 11.2551 10.5753 9.9540 9.3851 8.8633 8.338 7.9427 7.5361 7.1602 6.8132 6.1944 5.4206 12 12.1337 11.3484 10.6350 9.9856 9.3936 B.RS27 8.3572 7.9038 7.4869 71034 6.4235 5.5831 16 13.0031 12.1062 11.2961 10.5631 9.8986 9.2950 17455 2442 7.7862 73667 6.6282 52245 15 13.8651 12 8493 11.9379 11.1184 103797 9.7122 9.1079 559 80607 76061 6.8109 58474 16 14.7579 13.5777 12.5611 11.6523 10.8378 10.1059 9.4466 8814 8.3126 7.8232 6.9740 519542 17 15.5623 14.2919 13.1668 12. 1657 11.2741 10.4773 9.7632 9.1216 8.5436 B.0216 7.110 6.0472 149920 16.3983 13.7525 12 6593 116096 10.8276 10.0591 9.3719 R.2014 8.7556 51280 72497 19 156789 13.1339 143238 120853 17.2260 8.3619 111581 9.603 103356 0501 23658 61982 16.3514 20 14.8775 125903 11.4699 12.4622 9.8181 9.1284 10.50 18.0456 25136 7.4694 2692 25 22.0232 15.6221 9.8226 14 0939 17.4131 12.7834 7,631 10.6748 11.6536 195235 90720 6.4641 17.2920 11.257 15.3725 19.6004 30 102737 9.4709 112648 25.8077 BOSS 124090 223965 55660 29 ABG 24.99 35 9.6402 16.3782 214872 164982 15.6646 66166 120077 10.566 11.6546 8.1759 46 23.1143 13:3312 17.1591 19.7920 11.9246 10.7574 15.0463 GGUH 9.7791 328347 8243 273555 Twith confach: W. 1264 10.1V 477 17.01 888888 f=[(1 + i)" - 11/1 TABLE B.48 Future Value of an Annuity of 1 8.7537 10 Rate Periods 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 20100 2.0200 20300 20400 20500 20600 2.0700 20800 2.0900 2.1000 2.1200 2.1500 30301 3.0604 3.0909 3.1216 3.1525 3.1836 3.2149 3.2464 3.2781 3.3100 3.3744 3.4725 40604 4.1216 4.1836 4.2465 4.3101 4.3746 4.4399 4.5061 4.5731 4.6410 4.7793 4.9934 5.1010 5.2040 5.3091 5.4163 5.5256 5.6371 5.7507 5.8666 5.9847 6.1051 6.3528 6.7424 6.1520 6.3081 6.4584 6.6330 6.8019 6.9753 7.1533 7.3359 7.5233 7.7156 8.1152 7-2135 7.4343 7.6625 7.8983 8.1420 8.3938 8.6540 8.9228 9.2004 9.4872 10.0890 11.0668 8.2857 8.5830 8.8923 9.2142 9.5491 9.8975 10.2598 10.6366 11.0285 11.4359 12.2997 13.7268 9.3685 9.7546 10.1591 10.5828 11.0266 11.4913 11.9780 124876 13.0210 13.5795 14.7757 16.7858 10.4622 10.9497 11.4639 12.0061 12.5779 13.1808 13.8164 14.4866 15.1929 15.9374 17.5487 20.3037 11 115668 12.1587 12.8078 13.4864 14 2068 149716 15.7836 16.6455 17.5603 18.5312 20.6546 24.3493 12 126825 13.4121 14.1920 15.0258 15.9171 16.8699 17.8885 18.9771 20.1407 263843 24.1331 29.0017 13 13.8093 14.6803 15,6178 16.6268 17.7130 18.8821 20.1406 21.4953 229534 24.5227 28.0291 34 3519 14.9474 15.9739 17.0863 18.2919 19.5986 21.0151 225505 24.2149 26.0192 27.9750 327926 40 5047 15 16.0969 17.2934 185989 20.0236 21.5786 23.2760 25.1290 27.1521 29.3609 31.7725 37.2793 47,504 15 17.2579 18.6393 20.1569 21.8245 23 6575 25-6225 27.8881 30.3243 33.0034 35.9497 42.7523 55.7175 18.4304 20.0121 21.7616 23.6975 25.8404 28.2129 30.8402 33.7502 369737 40.5447 48.8837 65.0751 18 19.6147 21.4123 23.4141 25,6454 28.1324 30.9057 33.9990 37.4502 41.3013 45 5992 55.7697 75.8354 19 20.8109 22.BADG 25.1169 27.6712 30.5390 32.7600 37.3790 41.4463 46.0185 51.1591 63.4307 88.2118 20 220190 24.2974 26.8704 29.7781 330660 36.7856 40.9955 45.7620 51.1601 57.2750 72.0524 102.4436 25 20.2412 320303 36-4593 41.65 47.2271 54 8645 532490 73.1058 84.7009 98.3471 133 3330 212.7930 30 347849 10.5681 475754 56.0849 56.4388 79.0582 94 AGOS 113.2832 136 3075 164,4940 241 3327 434 7451 35 41.5503 19.9945 04621 73.6522 90.3203 1114348 138.2369 1723158 215.7108 271.0244 431.6635 3311702 8864 GO 4020 75.4013 96.02551207938 154.7620 199.6351 2530565 337.8424442926 7670914 1.729090 Whed to die hele end of each cod poremple Weter perform We the PV 23959. SADY to $20,543.0 54.000x7305 888 REWNOWN-> 14