Save & Exit Submit Check my work 2 Provided are links to the present and future value tables PVS1 FV E SI PVA of $1 and FVA 01 $1] (Use appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.) 2. How much would you have to deposit today if you wanted to have $46,000 in three years? Annual interest rate is 1016 b. Assume that you are saving up for a trip around the world when you graduate in three years. If you can earn 6% on your Investments, how much would you have to deposit today to have $12.000 when you graduate? (Round your answer to 2 decimal places.) 1. Calculate the future value of an investment of $558 for ten yeart earning an interest of 9% (Round your answer to 2 decimal places) -2. Would you rather have $558 now or $1.000 ten years from now? d. Assume that a college parking sticker today costs $68. If the cost of parking is increasing at the rate of 6% per year how much will the college parking sticker cost in seven years? (Round your answer to 2 decimal places.) e. Assume that the average price of a new home is $114,500 If the cost of a new home is increasing at a rate of 7% per year, how much will a new home cost in eight years? (Round your answer to 2 decimal places.) 1 An investment will pay you $7,000 in 9 years, and it will also pay you $240 at the end of each of the next 9 years (years 1 thru 9). the annual interest rate is 5%, 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 $7.500.000 in the Kansas State Lottery. Howeveras is often the custom with lotteries, she does not actually receive the entire $75 million now Instead she will receive $375,000 at the end of the year for each of the next 20 years. If the annual interest rate is 7%, what is the present value today amount that she won ignore taxes (Round your answer to nearest whole dollar.) Prva Future Value Would you the have now $1.000 ton years now? Future
