Victor and Maria Hernandez Look at Future Income Throughout this book, we will present a continuing narrative about Victor and Maria Hernandez. Following is a brief description of the lives of this couple. Victor and Maria, both in their late 305, have two children: Jacob, age 13, and Nicholas, age 15. Victor has had a long sales career with a retail appliance store in Fargo, North Dakota eaming $55,000 annually. Maria works as a medical records assistant earning $31,000. a Victor and Maria regularly buy and sell a number of items on eBay, Craig's Ust, and through the free community newspaper, from which they earn about $2,000 each year, What is the accumulated future value of those annual amounts over 23 years in the annual earnings were invested regularly and provided a 5 percent return each year? (Hint: Use Appendix A. 3.) Round your answer to nearest dollar. Round Future value of Series of Equal amounts in intermediate calculations to four decimal places 5 b. What would Victor and Maria's annual income be after 23 years if they both received an average 5 percent raise over their current $86,000 salary ($55,000 - $31,000) every year? (Hint: Use Appendix A.1.) Round your answer to nearest dollar Round Future value of a Single Amount in intermediate calculations to four decimal places 11. Financial planning case 1-2 ebook Financial planning case 1-2 Victor and Maria Hernandez Look at Future Income Throughout this book, we will presenta continuing narrative about Victor and Maria Hernandez. Following is a brief description of the lives of this couple Victor and Maria, both in their late Jos, have two children: Jacob, 15, and Nicholas, age 15. Victor has had a long sales career with a retail appliance store in Fargo, North Dakota camning 355,000 annually Maria works as a medical records assistant warning $31,000 Victor and Maria regularly buy and sell number of items on Craigs, and through the free community news from which they earn about $2,000 each yea Wat is the accumulated tutore value of me annual amounts over 25 years in the annual ringe were invested regularly and provided a percent ratum each year Andi 3.) Round your answer to meet dollar. Houndture value of Series of qual Amounts in intermediate clation to four decimal places 5 D. What would Victor and Marw's annual income be after 3 years if they both received an aver 5 percent over their current 510,000 salary (855,000 $31,000) every year (int. Die Appendix A. Round your answer toner dollar und Future value of a single Amount in intermediate calculation to four decimal places appaljpg 1.18MBO Appendix A-1 Future Value of a Single Amount ($1 at the End of n Periods) (Used to compute the compounded Future Value of a Known Lump Sum) 10% 11000 12100 1.3110 1160 16105 171 11% 11100 1321 1.3575 100 NET OEM: 14116 15181 16451 5 12704 1 2136 23570 291 2.2511 18 2305 2.500 2004 11518 19161 12% 13% 14% 15% 16% 17% 18% 19% 20% 1.1300 1.1600 11500 1600 11700 180 1354 129 12996 1325 136 136 10161 T400 14009 14 13 15209 150 180 15 1.93 160 1.60 12290 12:23 1304 19254 2.0114 21003 2.1 2222 2384 26 1979 2000 2.1990 2331 2064 25632 24 22100 2020 10012 1595 3370 2410 24084 25 2.000 12754 15115 LOU 27730 10040 3.5179 3.00 41014 405 47951 5150 1109 3.3946 3.7072 4056 44114 43063 5233 360 6.1917 10 1835 102 1994 5117 560 179 TO 2160 52503 5.900 65301 72376 RO 355 5.24 6.15 76 1994 Tel 471 7.0097 90005 16.12 114 12132 5.47% 6.900 LU 25 1957 1152 15.00 14 703 EU 1010 12.101 14120 161715 1 EWA T.561 19.01 N ONS 18241 200 10959 14. . 19:57 222001 16 1957 16 2114 26 11 MON 27 10 188215 22514 2701 12.1001 18 2160 321 35.00 123 SAMA 20 10 17.0061 SON SAMT 6.MN 15. 23 53.100 85 17.0001 21.7105 00 72 MB 1940 TIN 31 5504 50 HO 1995 n 1% 2% 3% 4% 5% 6% 7% 8% 9% 1 1000 10200 100 10100 10500 10600 10700 1080000 2 10201 10404 10600 108161025 11236 1149 11661181 3 100) 10612 1022 1.1241 11576 11910 12250 12997 1.2950 4 100 1084 1125 1. 12625 1.300 13605 1051011011 119 1.257 1.276 13382 14026 1463 15306 10615 1.1262 1101 13401 14185 15007 16771 710721 129 1.4071 15036 16058 1718 18280 1029 11712 1268 13686 14775 15138 1.7182 1890 1994 3 10937 1951 1304 1.4933 1551 16195 13185 1990 21719 YO 1.1046 1290 1309 1402 16 170 1902 23674 11 11157 1.33 15395 17101 1143 21049 2 2.500 1362 16010 1210 2012 2518 2017 12906 1485 16691 16 2.129 24000 14 1695 1995 1516 1312 1919 22600 2015 3.3417 15 1.1610 13459 1.5580 18009 20089 2. 27900 117 1378 16047 12230 21829 254 2922 3903 UM 14002 1941 22920 26 3.7000 4317 16 1.1961 30 24666 289) 15 1.2001 2.10 2.322030254 20 1.2707 2.711 2013 3.2011 5604 1274 15457 61083 1242 1560 13161 29251 11 5455 12512 15 M 3015 26 1167 TO 2018 2. 3221 20 1293) 1 21 2.5 SRN 734 21 130 1300 >2213 7 1160 29001 2 110 71 11 119 AT 13.67 S0S 16122 104 4300000 20000207 S11 43 M4016 43104 4 ME SYE SILES IS 50545 ETEN DAE SESET UVE WE SOLTE COSE HECH 6111 60 71 0623 2540 WEE ME 0199 HESIS ILOE DIE RIER ET SHENI NINS ENE MORE INT PORT 19 11.000 SUN LOS TIRS NT WEI LISTEN noor 100 w VE IVITI NAZ CH WOTE VEROH Con TULES 15.01 1 101 SOCIE DU CHI HE ME 00 02 100 TH HO UU 16010 15 HTAM PS SHEE LE MERE TE 90 111 SH 04 SOM 2010 MM 102 103 WE HOTY W30 11.10 W