Use Future or present value techniques to solve the following problems Starting with $5,000, how much will you have in 16 years if you can earn 15 percent on your money? Round the answer to the nearest cent. Round PV-factor to three decimal places Calculate your answer based on the FV-lector $ Calculate your answer based on the financial calculator $ If you can earn only 6 percent Round the answer to the nearest cent. Round PV-factor to three decimal places Calculate your answer based on the FV-Factor 1 Cite your answer based on the financial calculator b. If you inherited $30,000 today and invested all of it in a security that paid a 7 percent rate of retum, how much would you have in 15 years? Round them to the nearest cont. Round Tv factor to three decimal places Calculate your answer based on the FV-factor. Calculate your answer based on the financial calculator c. If the average new home costs $225,000 today, how much will it cost in years if the price increases by 5 percent each year round the answer to the nearest cent Round Vector three decimal places Calculate your answer based on the FV-factor. $ Calculate your answer based on the financial calculator your child a 4-year college education. Will you have enough to $77,000 today and invest for the next 137 fers d. You think that in 13 years, it will cost $210,000 to provide your 4-year college education. Will you have enough foute $77,000 today and investitor next year 7 percent Round the answer to the nearest cent Round Factor PA-factors to the decimal places El. You will have approximately then your state of 210,000, Tf you start from scratch,how much will you have to save nach to $210.000 13 years if you can earn a 7 percent rate of return on your investments Calculate your answer based on the PVA factor ce Tips $ access Tips Calculate your answer based on the financat calculator FOR YOU e. If you can cam 3 percent how much will you have to wcach way want to be years win wund them the restent Round PA-actor to the dome places Cate your answer and on the PNP Calculate your best facile er Study Time You plan to have $1,100,000 inwone Author on this por what is the man with You make over 30 year of time the answer to the rest of tha Call your newer bied on the Par back Calculate your action financial