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Use the table below to answer the following questions: Present Value of an Annuity of 1 Future Value of an Annuity of 1 Period 4%

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Use the table below to answer the following questions: Present Value of an Annuity of 1 Future Value of an Annuity of 1 Period 4% 5% 896 10% 4% 5% 8% 10% 4 3.6299 3.5460 3.3121 3.1699 4.2465 4.3101 4,5061 4.6410 5 4,4518 4,3295 3.9927 3.7908 54163 5.5256 5.8666 6.1051 5.2421 5.0757 4.6229 4.35536.6330 6.8019 7.3359 7.7156 7 6.0021 5.7864 5.2064 4.8684 7.8983 8.1420 8.9228 94872 B 6.7327 6.4632 5.7466 5.334992142 9.5491 10,6366 114359 9 7.4353 7.1078 6.2469 5.7590 10.5828 11.0266 12.4876 13.5795 10 B.1109 7.7217 6.7101 6.1446 12.0061 12.5779 14.4866 15.9374 11 8.7605 8.3064 7.1390 6.4951 13.4864 14,2068 16.6455 18.5312 Bobby receives alimony payments every 6 months and the next payment is tomorrow. Median homes go for $950,000 and he wants to save $190,000 in 4 years How much money should Bobly put away into an investment each time he receives alimony payments if he can get a 8% retorn a year? $21.131 $35.593 $31.624 $46,202

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