Susan has purchased a whole life policy with a death benefit of $300.000. Assuming that she dies in 8 years and the average inflation has been 5 percent, what is the value of the purchasing power of the proceeds? Use (Exhibit 1-A. Exhibit 1.B. Exhibit 1.C. Exhibit 1-D) Note: Use approprlate factor(s) from the tables provided. Round time value factor to 3 decimol places and final answer to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Period & 1x & 2x & 3x & 45 & 58 & 6x & x & 8x & 9x & 10% & 11x \\ \hline 1 & 1.010 & 1.020 & 1.030 & 1.040 & 1.050 & 1.060 & 1.070 & 1.080 & 1.090 & 1.108 & 1.110 \\ \hline 2 & 1.020 & 1.040 & 1.061 & 1.082 & 1.103 & 1.124 & 1.145 & 1.166 & 1.188 & 1,210 & 1.232 \\ \hline 3 & 1.030 & 1.061 & 1.093 & 1.125 & 1.158 & 1.191 & 1.225 & 1.260 & 1.295 & 1.331 & 1.368 \\ \hline 4 & 1.041 & 1.082 & 1.126 & 1.170 & 1.216 & 1,262 & 1.311 & 1.360 & 1.412 & 1.464 & 1.518 \\ \hline 5 & 1.051 & 1.104 & 1.159 & 1.217 & 1.276 & 1.398 & 1.403 & 1.469 & 1.539 & 1.611 & 1.685 \\ \hline 6 & 1.062 & 1.126 & 1.194 & 1.265 & 1.340 & 1.419 & 1,501 & 1.587 & 1.677 & 1.772 & 1.870 \\ \hline 7 & 1.072 & 1.149 & 1.230 & 1.316 & 1.407 & 1.504 & 1.606 & 1.7114 & 1.828 & 1.949 & 2.076 \\ \hline 8 & 1.063 & 1.172 & 1.267 & 1.369 & 1.477 & 1.594 & 1.718 & 1.851 & 1.993 & 2.144 & 2.305 \\ \hline 9 & 1.094 & 1.195 & 1.305 & 1.423 & 1.551 & 1.689 & 1.836 & 1,999 & 2.172 & 2,358 & 2.558 \\ \hline 10 & 1.105 & 1.219 & 1.344 & 1.488 & 1.629 & 1.791 & 1,967 & 2.159 & 2.367 & 2.594 & 2.839 \\ \hline 11 & 1.116 & 1.243 & 1.384 & 1.539 & 1.710 & 1.898 & 2.105 & 2.332 & 2.580 & 2.853 & 3.152 \\ \hline 12 & 1.127 & 1.268 & 1.426 & 1,601 & 1.796 & 2.012 & 2.252 & 2.518 & 2.813 & 3.138 & 3.498 \\ \hline 13 & 2.138 & 1.204 & 1.469 & 1.665 & 1.806 & 2.133 & 2.410 & 2.720 & 3,066 & 3.452 & 3.883 \\ \hline 14 & 1.149 & 1.319 & 2.513 & 1.732 & 1.980 & 2.261 & 2.579 & 2.937 & 3.342 & 3.797 & 4,310 \\ \hline 15 & 1.161 & 1.346 & 1.553 & 1.801 & 2.079 & 2.397 & 2.759 & 3.172 & 3.642 & 4.177 & 4.785 \\ \hline 16 & 1,173 & 1.373 & 1.605 & 1.873 & 2,183 & 2.540 & 2.952 & 3.426 & 3.970 & 4.595 & 5.311 \\ \hline 17 & 1.164 & 1.400 & 1.653 & 1.948 & 2.292 & 2.693 & 3.159 & 3.700 & 4.328 & 5.054 & 5.895 \\ \hline 18 & 1.196 & 1.428 & 1.702 & 2.026 & 2.407 & 2.854 & 3.380 & 3.996 & 4,717 & 5.560 & 6.544 \\ \hline 19 & 1.208 & 1.457 & 1.754 & 2.107 & 2.527 & 3.026 & 3.617 & 4,316 & 5.142 & 6.116 & 7.263 \\ \hline 20 & 1.220 & 1.486 & 1.866 & 2.191 & 2.653 & 3.207 & 3.870 & 4.661 & 5.604 & 6.727 & 8.062 \\ \hline 25 & 1.282 & 1.641 & 2,094 & 2.666 & 3.386 & 4.292 & 5.427 & 6.848 & 8.623 & 10.835 & 13.585 \\ \hline 30 & 1.343 & 1.811 & 2.427 & 3.243 & 4.322 & 5.743 & 7.612 & 10.063 & 13.268 & 17.449 & 22.892 \\ \hline 40 & 1,489 & 2.208 & 3.262 & 4.801 & 7.040 & 10.286 & 14.974 & 21.725 & 31.409 & 45.259 & 65.091 \\ \hline 50 & 1.645 & 2.692 & 4.384 & 7.107 & 11.467 & 18.420 & 29.457 & 46.902 & 74.358 & 117.391 & 184.565 \\ \hline \end{tabular} Period \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline 12x & 135 & 148 & 15x & 16x & 17x & 18% & 198 & 205 & 25x & \\ \hline 1.120 & 1.130 & 1,140 & 1.150 & 1.160 & 1.170 & 1,160 & 1,190 & 1.200 & 1.250 & 1,300 \\ \hline 1.254 & 1.277 & 1.300 & 1,323 & 1.346 & 1,369 & 1.392 & 1.416 & 1.446 & 1.563 & 1,690. \\ \hline 1.405 & 1.443 & 1.482 & 1.521 & 1.561 & 1.602 & 1.643 & 1.685 & 1.728 & 1,953 & 2,197 \\ \hline 1.574 & 1.630 & 1.689 & 1,749 & 1.811 & 1,074 & 1,939 & 2.005 & 2.074 & 2,441 & 2.856 \\ \hline 1.762 & 1.642 & 1.925 & 2.011 & 2.109 & 2,192 & 2.288 & 2.386 & 2.488 & 3.052 & 3,713 \\ \hline 1,974 & 2.032 & 2.195 & 2.313 & 2.436 & 2.565 & 2.700 & 2.840 & 2,986 & 3.315 & 4.827 \\ \hline 2.211 & 2,353 & 2,502 & 2.660 & 2.1126 & 3.001 & 3.185 & 3.379 & 3.583 & 4.768 & 6.275 \\ \hline 2,476 & 2.65s & 2,853 & 3,059 & 3.278 & 3.511 & 3.759 & 4.021 & 4+300 & 5.960 & 0.157 \\ \hline 2,773 & 3.004 & 3.252 & 3.540 & 3.503 & 4,1081 & 4,435 & 4.765 & 5.160 & 7,451 & 10,604 \\ \hline 3.106 & 3.395 & 3.707 & 4.046 & 4.411 & 4.807 & 5.234 & 5.625 & 6.192 & 9,313 & 13.786 \\ \hline 3.47 & 3,836 & 4.226 & 4.052 & 5.117 & 5.624 & 0.176 & 6.777 & 7.430 & 11.642 & 12.222 \\ \hline 3.006 & 4. 335 & 4.010 & 5.350 & 5.916 & 0.509 & 7,218 & 8.064 & 0.916 & 14.552 & 23.298 \\ \hline 4,363 & 4.008 & 5.492 & 6.153 & 6.016 & 7.690 & 1.5.590 & 9.596 & 10.629 & 18.120 & 10.281 \\ \hline & 5.535 & 6.201 & 7.076 & 7,9211 & 9,007 & 10.147 & 11,420 & 12.839 & 22.717 & 39.374 \\ \hline 5,474 & 6.254 & 7.218 & 0.137 & 9.266 & 10.539 & 11.074 & 13,590 & 15,407 & 21.422 & 51.186 \\ \hline 6.130 & 7.067 & 8.137 & 0.35 & 10,741 & 12.330 & 14.129 & 16.172 & 10.438 & 35,527 & 66.542 \\ \hline & 2.926 & 0.276 & 10.761 & 12.468 & 14.426 & 16.672 & 19.244 & 22.1116 & 44.409 & 86.504 \\ \hline 7,690 & 9.024 & 10.575 & 12,375 & 14.469 & 16.279 & 19.673 & 22,901 & 26.623 & 55.511 & 112,455 \\ \hline 1.613 & 10.197 & 12,046 & 14.212 & 16.77 & 19,24a & 23,214 & 27.252 & 31.948 & 69,369 & 146,192 \\ \hline 0,646 & 13.523 & 13.743 & 16.367 & 19,461 & 23.106 & 27.193 & 32.429 & 30,338 & 86.736 & 190.050 \\ \hline 27,000 & 21,231 & 26.402 & 32.919 & 40.874 & 50,658 & 62.669 & 72,308 & 95.196 & 264.693 & 205.641 \\ \hline 29,960 & 39,116 & 50,950 & 66.212 & 85,859 & 111.065 & 143,371 & 184.675 & 237.376 & 007.794 & 2,619,996 \\ \hline 93.051 & 172.782 & 188.654 & 267.864 & 378.721 & 533.069 & 259.378 & 1,051.668 & 1,469,772 & 7.523,164 & 36,110,065 \\ \hline 209.002 & 450.786 & 200,233 & 1,0e3.657 & 1,670.704 & 2.560 .215 & 3,927,357 & 5,928.914 & 9,109,421 & 20,064,923 & 497,929,221 \\ \hline \end{tabular}