The following are the time value of money formulas presented in the Instructor notes. Use them as needed to answer the question below. You may also use the time value of money tables found on the last few pages of your text. FV PV (FVIF, 1, n). FV PV (PVIF.in) FVOA-PMT (FVIFOA, Ln). PVOA PMT (PVIFOA.In) On January 1 a company determines it will need a new computer system costing $60,000 three years from now. It desires to make a single deposit into its bank today, January 1, that will grow to $60,000 three years from now. If the bank is paying 5% interest compounded annually on such deposits calculate the amount of the deposit that needs to be made today [answers may vary slightly due to rounding] Multiple Choice $49,566 $54.422 E Next > The following are the time value of money formulas presented in the instructor notes, Use them as needed to answer the question below. You may also use the time value of money tables found on the last pages of your text (or click on the appropriate link given below) FV PV (FVIF, n). FV PV (PVIF, In) FVOA PMT (FVIFOA.In). PVOA PMT (PVIFOA, I. n) Planning Company determines it will need to replace a plece of equipment which will cost $50.000 four years from now It desires to have the $50,000 on hand at the end of 4 years by making 4 equal deposits at the end of each of the next four years into an account at its bank on which it expects will earn 6% annually. Calculate the amount of the deposit (rounded to the nearest dollar) that needs to be made at the end of each of the next 4 years (EV OL51 PV of $1. EVA of $1 and EVA of 5) (Use appropriate factor(s) from the tables provided.) Mumple Choice $7538 >> 456PM