Score: 11 of 11 pts 7 of 8 (complete HW Score: 100%, 100 of 100 Problem 8-24 (book/static) Question Help Doris plans to save $5,000 per year for the next 35 years. Her money will be deposited in a stock market index fund that has a 0.5% annual management too if this fund cars 6% per year, how much wil Doris save by investing in this fund instead of an actively managed mutual fund that has a 1% au foo? Compute your answer as a future amount at the end of your 35. Assume that payments are made at the end of year Click the icon to view the interest and annuity table for discrete compounding when i=0% per year The future equivalent of savings amount at the end of year 35 iss thousand (Round to two decimal places) FIA N 31 32 33 34 35 36 37 38 39 40 Discrete Compounding; i=6% Single Payment Uniform Series Compound Compound Sinking Amount Present Amount Present Fund Factor Worth Factor Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F F/P P/F P/A A/F 6.0881 0.1643 84.8017 13.9291 0.0118 6.4534 0.1550 90.8898 14.0840 0.0110 6.8406 0.1462 97.3432 14.2302 0.0103 7.2510 0.1379 104.1838 14.3681 0.0096 7.6861 0.1301 111.4348 14.4982 0.0090 8.1473 0.1227 119.1209 14.6210 0.0084 8.6361 0.1158 127.2681 14.7368 0.0079 9.1543 0.1092 135.9042 14.8460 0.0074 9.7035 0.1031 145.0585 14.9491 0.0069 10.2857 0.0972 154.7620 15.0463 0.0065 Capital Recovery Factor To Find A Given P AJP 0.0718 0.0710 0.0703 0.0696 0.0690 0.0684 0.0679 0.0674 0.0669 0.0665