Questi Ellis Jefferson is saving for a new car that costs 550.000, How many dollars should he set aside now to receive 550.000 in years assuming money compounds at 4% annually? Present Value Interest Factor 15% 207 ** 15 16 Period 9615 9259 8573 7938 1350 1929 1972 7110 $355 5614 SOS 4523 A039 3606 3220 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 37 18 19 20 29 .5804 .9612 9423 9238 .9057 .8880 8705 .8535 8363 8203 .8043 7885 .7730 .7579 7430 7284 7142 .7002 .6864 6730 .9246 B890 3548 8319 .2903 7599 .7307 .7026 6756 .6496 6246 6006 5775 .5553 5339 69 9444 8900 3396 7921 7473 JOSO 6651 6274 5919 5584 5268 4970 4688 4423 4173 3936 3714 3503 3305 3118 10 9091 8264 3513 6830 .6209 .5645 5132 4665 4241 3855 3505 3186 2897 2633 2394 .2176 1978 6806 6302 Sass 5403 5002 4632 4289 3971 3677 3405 3152 2919 2703 7502 2317 2145 36 7561 $575 5718 4972 A323 3759 3769 213 2472 2140 1009 1625 1413 1229 1069 0929 000 0703 0611 6944 57 1823 4019 3349 2791 2325 .1938 .1615 1346 1122 0935 0779 0649 0541 04051 0376 2875 2567 2292 2046 1827 1631 1456 1300 1161 0037 0313 .0261 5134 4936 4746 4564 1799 1635 1.686 Select one a. 35.535 b. 36.535 Next Page 37,535 d. 38.535