lur U Lcunng Objecive 3 Time Value of Money Score: 02 of 1 pt S26-10 (similar to) Your grandluther would e to share some of his fortune h you He offers to ge you money under one of the oing scenarios yu g 1. 0 per yeaar at the end of each of the next s years 2. .050 ump sum) now 3. S.500 ump wum) sx years from now Ck the icon to view Present Vale of S1 table) choese Cick the icon te view Present Value of Ordinary Aly of $1 e) Read the rements Requirement 1. Cakulate the present vake of each scenale uning an % dcout Which scenario ylels the highest present vallue? ound the factors to three decmal places, XXOOX Round the present vale to the nearest whole dollar) Present Val Scenario 1 i Reference Present Value of $1 9% 10% 0909 12% 14% 15% Periods 1% 2% 3% 4% 5% 6% 7% 8% 0.870 0.756 0 971 0.935 0.893 0 797 0.877 0.990 0.980 0.980 0971 0.962 0.952 0.943 0.926 0.917 0.769 0.675 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.772 0.708 0.650 0.826 0.658C 0.572 0497 0.942 0915 0.924 0.951 0906 0 864 0816 0.889 0.840 0.792 0.794 0.751 0.683 0 621 0.712 0.636 0.855 0823 0.961 0.763 0.713 0.888 0.863 0.735 0.592 0.519 0.822 0.784 0.747 0.681 0.567 0.790 0.746 0.711 0.677 0.645 0.705 0.665 0.627 0.592 0.558 0.942 0.888 0.837 0.666 0.596 0.547 0.630 0.583 0.540 0.500 0463 0.564 0.513 0.467 0424 0386 0.507 0.432 04 0456 0813 0760 0.933 0.923 0.871 0.623 0.452 0.404 0.361 0.322 0.400 0.376 0.327 03 0 853 0.789 0.914 0837 0766 0731 0.582 0.502 0.460 0.422 0.351 0.308 0.270 0.30 0.26 0.703 0.676 0.544 0.284 0.247 0.906 0820 10 0.744 0.614 0.508 0.22 0.896 0.887 0.879 0773 0.8700,758 0661 0577 0.861 0.804 0.650 0.625 0.601 11 0.722 0.585 0.527 0475 0.429 0.388 0.356 0326 0.299 0.275 0350 0.319 0,290 0.263 0.239 0.287 0.257 0229 0.206 0 183 0 163 0 146 0.130 0.116 0.237 0208 0.182 0.160 0.140 0.215 0. 187 0.163 0.141 0.123 0.195 0. 168 0. 145 0.125 0. 108 12 0.788 0.701 0.557 0.497 0.469 0.442 0417 0362 0.444 0.397 0.368 13 0.681 0.530 0415 14 0.505 0.388 0.340 0743 0 642 0 566 15 0481 0.315 16 0 623 0534 0.605 0.853 0.728 0 339 0.317 0.458 0436 494 416 0.394 0.292 0.270 0.250 0232 0215 0.262 0.231 0.212 0.194 0218 0.198 0.180 0.164 0.149 0.123 0.107 0.093 0.080 0 069 0 060 17 0.844 0 836 0.700 O828 0686 0714 0.513 0.371 0.360 0.331 0.312 0. 108 0.095 18 19 20 0.093 0.587 0296 0.081 0.070 0.061 0.570 0.554 0475 0.396 0.277 0.258 0.083 0 104 0486 0377 0.820 0.673 0.178 0073 0.051 21 0811 0439 0369 0.660 0.538 0.522 294 0242 0 226 0211 0199 0 184 0 164 0.150 0.138 0.135 0 123 0 112 0 102 0.093 22 0.803 0.647 0.796 0634 0.788 0.064 0 053 0.038 0 033 0.028 0 024 0422 0342 0326 0390 031g 0.278 0.262 0247 0233 0.044 0.083 0074 23 0.056 0.507 0492 0478 0.406 0046 0040 0.170 0158 24 0622 0780 0610 0.049 0.043 0.038 0.197 0.184 0. 0.126 0.116 0,006 25 0375 0.296 0.035 0 030 0 146 0.092 26 27 0.772 0.590 0.464 0 281 0.268 0.361 0.347 0.333 0321 0308 0.220 0 207 0.196 0 185 0.174 -0.0 0.172 0.161 0150 0 141 0131 0 135 0.125 0 116 0 107 0 099 0 106 0 084 0.076 0.069 0.063 0.067 0764 0.767 0.749 0742 0.586 0.574 0.563 0.562 0.053 0,047 0 042 0037 0450 0437 0.424 0.412 0.033 O 029 0026 0022 0020 0021 0018 0.016 0014 0012 0.098 0.090 0.0 28 29 30 0256 0023 0.020 0243 0231 0.012 O075 0.00 0.007 0.033 40 0307 0672 0.453 0 142 0208 0015 0007 0.067 0046 0.032 0.022 0 011 50 0.600 0372 0.005 0228 0.141 0.087 0004 0003 0.064 0.034 0021 0013 0.001 0.009 0.003 0.001 0 001 0001 Print Done Clear All Reference Present Value of Ordinary Annuity of $1 Periods 2% 0.990 1% 3% 5% 6% 7% 8% 10% 12% 14% 15% 16% 18 0.980 1.942 2884 0.971 0.952 0.962 1.886 0870 0.943 1.833 0.935 0.926 1783 2.577 0.917 1.759 0.909 0.893 0.877 1.647 0.862 0.8 1.970 1.913 2.829 3.717 3630 4.580 4.452 1.859 2775 2723 2673 3.546 3.465 4.329 1.808 2.624 3.387 4.212 4.100 1.736 2487 3.170 3.791 1.690 2402 3.037 3.605 1.626 1.605 1.5 212 2.941 3.902 4.853 2531 2.322 2.283 2246 2798 3.274 3.808 4713 3.312 3.240 2.855 3.433 3352 2914 265 3.993 3.890 3.12 5.795 5601 5.417 5.242 5.076 5.786 4.917 4.767 4.623 4.486 4.355 4.111 3.889 3784 4.160 3.685 4.039 3.498 6.728 6.472 7.325 8.162 8.983 6.230 7.020 6.002 5582 6210 5.389 5.206 5971 5.747 6.247 7.024 6.710 4 288 4.639 5.033 5.535 4.868 4.564 3.812 7.652 8.566 9.471 6.733 6463 5.335 5.759 6.145 4.968 4078 4.487 4.344 7786 7435 7.108 6.802 6.515 5.995 4.772 5019 5.328 4.946 4.607 4.303 10 8.530 8.111 7.722 7.360 6.418 5216 5.650 4.833 4494 10.368 9.787 11.255 10.575 9.954 9385 13 9.253 8.760 11 8.306 7.887 7.499 7.139 6.805 7.161 7.487 7.786 8.061 6.495 5.938 5453 5.234 5.421 5.583 5.724 5.029 4.656 12 8.863 8.384 7.943 7.536 6814 6.194 5.660 5.197 4.793 12.134 11.348 10.635 9.986 9.394 13.004 12.106 11.296 10.563 9.899 15 8.853 8.358 7.904 6.424 6628 7.606 6.811 7.103 5.842 5.342 4910 5.008 5.092 14 9.296 8.745 9.108 8244 7.367 6.002 5468 13.865 12.849 11938 11.118 10 380 9.712 8.559 6.142 5.847 5.675 14.718 13.578 12.561 11.652 10.838 10.106 9.447 17 15.562 14.292 13 166 12.166 11 274 10.477 9.763 16 8.851 7824 8.022 8.313 8.544 6.974 5 964 6.265 5669 5.162 9.122 16.398 14 992 13.754 12.659 11.690 10.828 10.069 9.372 17.226 15.678 14.324 13.134 12.085 11.168 10.336 9 604 18.046 16.351 14.877 13.590 12 462 11.470 10.594 9818 7.120 6.373 6.467 6.047 5222 5273 5.749 18 8.756 8.201 7.250 7.366 7.469 6.128 6.198 5818 5.877 19 20 8.950 9.129 8.365 8514 6.550 6.623 5.316 5.929 5353 6.259 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 22 21 8.649 7562 6.687 8.772 8.883 8.985 9.077 6.312 5.973 6.359 6.011 5.384 5410 5432 5451 19.660 | 17.658 15.937 14 451| 13.163 12.042 11.061 10 201 9442 20 456 18.292 16 444 14.857 13.489 12303 11 272 10.371 9 580 21.243 18.914 16.936 15 247 13.799 12.550 11.469 10.529 9 707 22.023 19 523 17 413 15.622 14.094 12.783 11.654 10.675 9 823 7.645 6.743 23 7718 7.784 7843 6.792 6.835 6.873 6.399 6.434 6.464 6.044 6.073 6.097 24 AS 25 5467 4.9 22.795 20.121 17.877 | 15.983 14 375 13 003 23. 560 20.707 18.327 16.330 14.643 13.211 11 826 10.810 26 9929 11 987 10.935 10 027 0 237 11.061 10 116 9.307 9,161 7896 7.943 7984 6.906 6935 6.961 6.491 6.118 6.136 5.480 494 27 6.514 5.492 24 316 21 281 18.764 16.663 14.898 13.406 12.137 28 6534 6.152 5.502 4.97 4.971 25.066 21 844 19.188 16,984 15 141 13.591 12.278 11.158 10. 198 9370 29 8.022 8.055 6.983 7.003 6.551 6.166 6.510 25 B08 22 396 19.600 17 292 15.372 13.765 12409 11.258 10.274 9427 30 6.566 6.177 5.517 4.979 32 836 27 355 23 115 19.793 17.169 15.046 13.332 11.925 10.757 9.779 40 8.244 7.105 6.642 6.233 5548 4.997 39.196 31 424 25.730 21.482 18 256 15.762 13801 12.233 10.962 9.915 50 8.304 7.133 6.661 5 564 6.246 4999 Print Done Clear All 223 5234g