question in first pic only
o bre 20 pm 120 pm Martha wants to take the next six years olf work to travel around the world. She estimates her annual cash needs at $34,000 (if she needs more, she will work odd jobs), Marthe believes she can invest her savings at 10% until she depletes her funds Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of S1 table.) Click the icon to view Future Value of $1 table) Click the icon to view Future Value of Ordinary Annuity of $1 table) Read the requirements 3/20 89 Bpm 04 9/20 9pm Requirement 1. How much money does Martha need now to fund her travels? (Round your answer to the newest whole dotar With the 10% interest rate, Martha needs Requirement 2. Aner speaking with a number of banka, Martha learns she will only be able to invest har funds at 8% How much does the need now to fund hat travels? (Round your answer to the nearest whole dollar) With a 6% interest rate, Martha would need # Martha's savings are coming a lower interest rate (6%), she will need to save to be able to withdraw $34,000 per year. course sofie Jess more Refled You Enter any number in the edit fields and then continue to the next question 1 Visited Dec 3, ZUZU 8:57 PM 900 PM 12/1/202 here to search At Pitan JUL J12 Lumplete This Quiz: 3 pts possible bre Reference -X . Hal Hall bre will work odd jobs) Red B6 Red WI 09 Red Rd o fund her travels? will Teen Value Ora Periods 1% 2% 3% 4% 5% 6% 79% 8% 9% 10% 12% 14% 15% 16% 18% Period 1 0.990 0.9800971 0.962 0.952 0943 0.9350 926 0917 0.9090893 0.87708700862 08470633 20% Period 2 0 980 0961 0.943 0.925 0907 0.890 0 873 08570842 0.826 0.797 0789 0756 0743 07180694 Period 3 0.971 0.942 0915 0 889 0.8640840 0.816 0.794 0772 0.751071206750658 06410 8090579 Period 4 0961 09240888 0 855 0.8230 7920763 0735 07080683 0 636 059205720552 0516 0482 Period 5 0.951 0906 08630822 07840747 0713 0681 0.6500621 0567 05190497 0.476 0437 0 402 Period 6 0.942 08880837 0790 0746 0.705 0.6660.630 0.5960564 0.507 0456 0432 04100370 0335 Period 7 0.933 08710813 0.7600.7110 665 0 623 0.583 05470513045204000376 0354 03540279 Period 8 0.923 0 853 0.789 0.731 0677 0.627 05820.540 0 502 0 467 0.4040351 0327 305 0 266 0233 Period 9 0.914 08370.766 0.7030.545 0.592 0544 0.500 0.460 0424 0.3610308 02840263 0 225 0 154 Period 10 0.905 0.820 0.744 0.676 0.6140558 0.508 0.463 0.4220.386 0.3220270 02470 227 0191 0162 Period 11 0.898 0.804 0.722 06500 585 05270475 0.429 0388 0.350 0 287 0.287 0.215 0.1950.162 0.135 Period 12 0887 0.788 0.701 0.625 0 5570497 0.4440 397 0.356 0319 0257 0208 0.187 0.168 0137 0112 Period 13 0.879 0.773 0.681 060105300469 0.415 0.368 0.326 0.2900 2290182 0.163 0.145 0.116 0.093 Period 14 0.870 0.7580 661 05770 505 0.4420388 0.340 0299 0.263 0 2050 1600 141 0.125 0099 0.078 Period 15 0861 0743 0.642 05550481 0417 0.362 0.315 0.2750 239 0.1830 140 0 123 0.108 0,0840065 Period 16 0853 0.728 0.623 0534 0.458 0394 0.3390292 0252 0218 0.163 0.123 0.1070093 00710054 Period 17 0844 0714 0.6050513 0436 0.371 03170270 02310.1980.146 0.1080093 008000600045 Period 18 0836 0.700 058704940416 0 350 0296 0.250 0212 0 1800 1300095 00810069 0.0510038 Period 19 0828 0 686 05700475 0 3960.3310 277 0232 0 1940 164 0.116 0.083 0.07000800043 0.031 Period 20 0820 067305540.456 0377 0312 0 258 02150178 0.149 0.10400730061005100370 026 Period 21 0.811 0660 0538 0.439 0.359 0 294 0 2420 1990 164 0.135 0093 0064 005 0044 0031 0022 Period 22 0.803 0.647 0522 0.42203420278 0.226 0.1840.15001230083 0056 0046 0.088 0026 0.018 Period 23 0795 06340507 0.4060326 0262 02110 1700138 0 11200740049 00400033 0.022 0.015 Period 24 lo780.622 10 490 10.390 1.0310 1.0 2470 1971 0.158 10.12.102 0.066.0043.00 .0281000013 IM Print Done Ente Dec 3, ZUZU8:59 PM E O E arch Reference X 12/03/20 11:59pm re she will w Martha wants Martha belir (Click the Click the 12/03/20 11:59pm Read the rest 11/28/20 11:59pm Requirement 11/29/20 11:59pm With the 109 ed now to fund Requirement (Round your Penodi Period 1 Period 2 Period 3 Period 4 Period 5 Period Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 14 2% 3% 4% 546 6% 7% 9% 10% 12% 14% 15% 1010 1020 1030 1040 1050 1.060 1070 1080 1080 1.100 1120 11401550 1020 1040 1061 1082110011241145 1166 118812101254 1300 1323 1030 1061 1090 1125 1158 11911225 1260 1295 13311 405 1 482 1521 104110821126117012161 262 131113601412 1464 1574 1689 1749 105111041150121712761330140314891539 1611 1782 1925 2011 10621.128 1.1941 265134014191501 158716771772 19742.195 2313 1.072 1149 1.230 1316 1407 150416051714 182819492211 2502 2660 1083 1.172126713691477159417181851 1993 21442476 2850 3059 1094 1195 1305 1423 15511 605 1838 1999 2172 2358 277332523518 1 105 121913441480 1629 1791 1.9672 1592367 2594 3.106 3.7074046 1.116 12431384 1539 1710 1890 2105 23322580 2853 3479 4226 4652 1127 1268 1 426 18011796 2012 2252 2518 2813 3138 3896 4818 5350 1.138 1.2941.469 1865 1886 2133 2410 2720 3.0663452 4383 5.4926153 1 149 1319 15131732 1.580 2261 257929373 342 3798 48876.261 7076 1 161 1346 155818012079 2397 2759317235424 1775.47471188137 1173137316051873 2183 2540 2952 3426397045855,1308137 9358 1 184140016831948 2292 2693 315937004328 5054 6866 9.276 10.76 1196142817022026 2407 2854 3380 3990 4717 5580 7690 1058 1238 1 208 1.45717542 107 2.527 3.026 3.61743165142 6.1188613 12.06 1423 122014861506219120533 20738704661 5604 67279646 1374 1637 12321516 1860 2.279 2786 3.400 4.141 503461097400 1080 15671882 1 245 1946 1916 237029253.604 443054376.659 8.140 12.10 17.52164 12571577 19742465307238204741 587172588954 13552036 2489 1 270160820332563 3225404950726341 791198501 15 18 23 21 28 63 128216412094 20963.386 4292 5427 6818 8623 1083 170026 403292 With a 6% in If Martha's This course Terms of Use Refle Print Done You Enter any nu Last Visited Dec 3, 2020 8:59 PM Type here to search O BA van ILLIUM odd jobs Martha wa Martha be (Click (Click 0 m 20 Read the Requirem 20 om With the her travels Requirem (Round yo PISTU U wrony Purar Perods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 2045 Period 1 0.990 0.980 0.971 096209520943 0935 0926 0917090908930877 08700862 0 847 0833 Period 2 1970 1942 1913 1886 1859 1833 1808 1.783 1759 1736 1690 1647 1626160515661.528 Period 3 2.9412.884 28292.775 2723 2673 2624 2577 2531 2487 24022 322 2283 2246 2174 2.106 Period 4 3.902 3808 3717 3630 3.546 3.4653387 3312 3240317030372914 2856 2.708 2690 2.589 Period 5 48534713 45804452 4.3294212 4.10039933 8903 791 3605 3.433 3352 32743.127 2.991 Period 6 5.795 5.601 5.417 5242 5076491747674623 4 486 4355 4.111 3.889 3784 3685 3.498 3.326 Period 7 6.728 647262306 002 5786 55821 5389 5205 5033 48684564 4.288 4.15040393812 3 605 Period & 7 652 73257 020 6.733 6.463 6210 5971 57475535 533549684699448743444078 3837 Period 9 85668.162 7786 7.4357.108 6802 65156247 5.9955.759 53284946477246074 303 4001 Period 10 9.47189838.530 8.1117722736070246710 6.418 6.145 5.650 52165019 48334494 4.192 Period 11 10.368 9.787 9253 8780830678877499 7 1396 805 6495 5938 5453 5234 50294656 4327 Period 12 11.255 10.575 9.9549.385 88638.384 794375367.161 6814 6.19156605421519747934439 Period 13 12.134 11 348 10 635 9.988939488538358 7904 7.487 7.103642458425583 5.3424910 4533 Period 14 13004 12.106 11 296 10 563 98999 2958745 82447.78673676 628 6.002 5724 5468 5.008 4611 Period 15 13865 12 849 11.938 11.118 10 38097129 108 8.5598.061 7.8066 811 6.142 5847557550924675 Period 16 14.7181357812561 11 652 10 838 10.106 94478851 8.313782469746265 5954 5600 5.1624.730 Period 17 15.582 14 292 13.106 12 166 11 274 10.4771 9.763 9.1228544 802271206373 6.047 574952224775 Period 18 16 398 14992 13.75412 659 11 690 10.828 10.05993728.756 8.2017 250 6.467 6.128 581852734812 Period 19 17 226 15678 14 32413.134 12.085 11 158 10 336 9.604 8950 8.385736665506.198 587753164844 Period 20 18,048 16 351 14.877 13 5901246211 470 10.5049818 9.129 8.5147469 6.623 6.259 592953534870 Period 21 18857 17 011 15.415 14029 1282111754 10836 10.01792928.649756266876312 5973 53844891 Period 22 19.660 17 658 1593714451 13.163|12042 11.061 10 201 944287727.645 67436359 60115410 4.909 Period 23 20 456 18 292 16 44414857 1348912300 11 272 10371 9.580 88837718 679263996044 5432 4525 Period 24 2124318.91416936.15 247 113.799412 550 11.489 10 52997078.985 17.784 6.835 6.434. 16.073 5451 14937 With a 694 If Martha urse 4 of Use Refled Print Done You h Enter any Visited Dec 3, ZUZU 8:59 PM di ORI here to search OS Prison will work odd jobs) vants to tak Debeves she ck the icon Sck the icon the requireme 896 rement 1. Ha 04 the 10% into w to fund her travels? airement 2. All and your answe Future Value of Ordinary Annuity of 51 Perods 1% 2% 3% 4% 5% 5% 7% 8% 9% 10% 12% 14% 15% Period 1 1000 1000 1000 1000 1000 1000 1000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2010 2020 2030 2040 2050 2060 2070 2080 2090 2.100 2120 2140 2150 Period 3 30303 0603 091 3.122 3153 3 1843 215 324632783 31033743440 3473 Period 4 4060 4.122 4.18442464310 43754 440 4505 4573 4641 477949214993 Periods 510152045.309 5416 5526 5837 57515 867 5985 6.105 6353 6610 6742 Period 6 6.1526 308 6.468 66336.802 69757.153 7336 7523 77168.115 8.538 8754 Period 7 72147434766278988142 8 394 8.654 8.9239.2009 487 1009 1073 1107 Period 8 8.286 8583 8892921495499 897 10 260 1064 1103 11.441230 13 23 13.73 Period 9 9.369 9.755 10.16 10 58 1103 11.49 11 981249 13 02 13.58 14.78 16 09 16.79 Period 10 10.46 10 95 11.46 1201 1258 13 18 13.82 14 49 15.1915.94 1755 1934 20 30 Period 11 11571217128113.49 14.21 1497 1578 1665 1756 18.50 2065 23 042435 Period 12 1268 1341 14 191503 1592 1687 17 89 1898 20.14 2138 24 13 27 2729.00 Period 13 13.81 1468 15 62 1663 17.71 1888 20 14 2150 2295 24.52 28.03 32.09 34 35 Period 14 14951597 17 09 18 29 1960 2102 2255 2421 26 02 27 98 3239 37.58 40 50 Period 15 16.10 17 29 1860 2002 2158 23 28 25 13 27 15 29 36 317737 2843844758 Period 16 1726 1864 20.16 218223 662567 27.89 3032330035 954275 5098 5572 Period 17 1843 2001 2176 23.70 25 84 28 21 30 84 33 7536.97 40.5448 88 59 1265.08 Period 18 19.61 2141 23 41 2565 28 13 3091 3400 37.45 4130 45.60 5575 68 39 75 64 Period 19 2081 2284 25.12 27 67 3054 3378 373841.45 48 02 51.16 63 44 78 9788 21 Period 20 22 02 24 30 26 87 29 78 33 07 36.79 4100 45.76 51.1657287205 9102 1024 Period 21 23 24 25,7828.68 3197 3572 39.99 4487 50 42 5678 640081.70 1048 1188 Period 22 2447 273030543425 38 51 43394901 55 46 6287 7140 9250 1204 1376 Period 23 2572 2885 324536 62 41 43 47.00 53.44 60 89 69 53795410461383 1593 10.00 h Desi LRT 6. La ha 6% interest Martha's savings Print Done Enter any number Dec 3, ZUZU 3:59 PM 1 124 E earch Prison