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URGENT!! please answer these questions. Thank you! 1. 2. Solve the problem. Angelo wants to make an investment today so that he can have $2700
URGENT!! please answer these questions. Thank you!
Solve the problem. Angelo wants to make an investment today so that he can have $2700 in a year to buy some new kitchen appliances. How much should he set aside now if he can invest the money at 1.6% annually, compounded annually? O $2657.48 O $2327.59 O $2647.48 O $1687.50 Find the amount that should be set aside today to yield the desired future amount. Round to the nearest cent. Prosent Value of $1.00 Rate per 1 099010 0.98522 098039 097561 097087 096154 0.95238 094340 092593 090909 2 0.98030 0.97065 096117 095181 094260 092456 0.90703 039000 085734 082645 3 097059 0.95632 094232 092860 091514 0 83900 0 96394 03962 079383 075131 4 095098 0.94218 092385 090SR5 0 83349 085480 082270 079209 0.73503 0.68301 74726 0.65058 0.62092 147 070496 063017 056441 0.93272 0.90103 087056 094127 081309 0 75992 0.71068 066506 058349 0.51316 g 092348 0gg771 085349 0.82075 078941 073069 067604 062741 054027 046651 9 091434 087459 053575 0 30073 07542 070259 0.54461 059190 050025 0.42410 090529 086167 0x035 078120 074409 067556 061391 055839 046319 038554 12 08745 0.83539 078349 0.74356 070138 0 52460 055684 049697 039711 031863 3 057855 0.82403 077303 072542 0 68095 050057 053032 046834 036770 028966 14 036996 081185 075788 0773 066112 057748 0.50507 044230 034046 026333 15 036135 0.799B5 074301 0.0047 064185 055526 048102 041727 031524 02393 17 034438 0.77639 071416 0 55720 0 6002 051337 043630 037136 027027 01978 18 053602 0.76491 070015 054117 055739 049363 041552 035034 025025 017986 19 082774 0.75361 068543 0.62553 057029 041464 039573 033051 023171 01635 455 21 081143 0.73150 0 659% 05959 053755 043813 035894 029416 019856 013513 22 00340 0.72069 054584 0 53085 05219 042196 034185 027751 018394 012285 23 0.79544 0.71004 063415 056670 050669 040573 032557 026180 017032 011168 24 078757 0.60954 062172 055288 040193 039012 031007 024698 015770 01015 077977 068921 06053 053999 04761 037512 029530 0 23300 014602 0 09230 25 0.77205 0.67902 059758 0.5263 044369 035069 023124 021981 013520 008391 27 076440 0.56899 058586 051340 045019 034682 026785 020737 012519 007628 28 0.75654 0.65910 057437 0500SS 043708 033348 025509 019563 011591 006934 29 074934 0.64935 05811 048366 042435 032065 024295 013456 010733 006304 0 09933 Future Amount Needed Time (Years) Interest Rate Compounded $5000 4% O $6863.93 O $3642.25 O $3653.45 O $1357.75 1.
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