You are a financial adviser working with a client who wants to retire in eight years. The client has a savings account with a local bank that pays 8% annual interest. The client wants to deposit an amount that will provide her with $1,002,000 when she retires. Currently, she has $300,800 in the account. (FV of $1. PV of $1, EVA of $1, and PVA of $1 (Use the appropriate factor(s) from the tables provided.) How much additional money should she deposit now to provide her with $1,002,000 when she retires? (Round your answer to nearest whole dollar.) Additional deposit amount Judge Drago has decided to set up an educational fund for his favorite granddaughter, Emma, who will start college in one year. The judge plans to deposit an amount in a savings account that pays 9% annual interest. He wants to deposit an amount that is sufficient to permit Emma to withdraw $21,800 for tuition starting in one year and continuing each year for a total of four years. (FV of $1. PV of $1. FVA of $1, and PVA of S1) (Use the appropriate factor(s) from the tables provided.) How much should he deposit today to provide Emma with a fund to pay for her college tuition? (Round your answer to nearest whole dollar.) Deposit amount Future Value of $1 Periods 1.05 1.05 3.75 4.0% 5.05 7.0% 104250 108681 1.11100 1.16115 1.23135 1.06000 112360 1.19102 1.01000 1.02010 1.03030 1.04060 1.05101 1.06152 1,07214 108286 1.09069 1.10462 1.02000 1.04040 1.06121 1.00245 1.10408 1.12616 1149 117166 1.19509 121999 1.03000 106030 109273 1.12551 1.15927 1.19405 1.22987 1.26677 130472 12 1 09750 107641 111677 1.15865 120210 12471 1995 1304 129281 14904 1.04000 1,08160 1.12486 1.1696 1.21665 1.26532 1.31593 1.36857 1.42331 148024 1.05000 1.10250 1.15763 1.21551 1.27628 1.34010 140710 147765 1.55133 169 107000 1.14490 122504 1.31080 140255 150073 160578 171819 1200 1.382 1.33823 1.41852 10363 1.595 1 151621 195715 Future Value of $1 Periods 30% 3.75% 4.0% 4.25% 1.89000 201220 213291 138423 1.42576 1.46853 151259 1.55791 16001 1.24337 1.26824 1.29351 1.31948 1347 1.37279 1.40024 1.42825 1.49923 1.55545 1.61378 1.67430 1 73209 180223 1.53945 1.60103 1.66507 1.73168 1.80094 22609 1.11567 1.12683 113809 1.14947 116097 1.17258 1180 19515 1.20811 122019 128240 1.34785 2006 1 5065 16472 1.71786 1.79087 136699 1966 20 2.1152 2. 20519 229091 280075 243564 1.71034 1.79585 188565 197993 2.07893 2.1827 2.29202 2.40652 2.52695 265330 3.38635 4.32194 2.10485 225219 24985 257853 275203 295216 215882 237993 161553 2 5.47747 7.61226 1.7024 1551 180611 2.09378 242726 25015 269277 25.04 3.02560 320714 429187 5.74349 1.94790 202582 2.10685 219112 266584 3.24360 1.99993 201258 208815 2.51017 3.01747 1.49 1.64061 1.81136 Future Value of $1 8.0 10.ON 11. 12.0% 13.0 16.0% 15.05 20.00 109000 1.25000 1.40000 156259 11810 1.29503 1.41158 207350 151862 108000 11LAD 1.25971 136049 1.46933 1ST 17132 1.85093 1.99900 2.15892 1.10000 1.21000 1-33100 1.46410 1.61051 1.77156 1.94872 2 14359 2.35795 2.59374 111000 121210 1657 1.51807 168506 1.87041 201616 230454 2.55804 2.83942 112000 1.25440 1.40493 157352 1.76234 1.97382 2.21068 2.47596 277308 310585 1.13000 1 27690 1.44290 163047 184244 208195 2.35261 2.65844 3.00404 19057 1.14000 1 29960 148154 168896 192541 2.19497 2.50227 2.85259 3.25195 3.70722 1.15000 1.32250 1.52083 1.74901 201135 2.31306 2.56002 3.05902 3.51788 4.04556 167710 1.82804 199256 2.17189 2.36736 195313 244141 205176 381470 476832 596046 7.45058 9.31323 5.15978 6.19174 Future Value of $1 Periods 100% 11.0 12.05 16.09 15.0N 25.05 215176 3.47855 13 431790 5.49241 233164 251817 2.71962 293719 3.17217 3.42594 3.70002 3. 92 431570 4.66096 6.64648 1006206 2.58043 281266 3.06580 3.34173 3.64248 3.97031 4.32763 4.71712 5.14166 5.60441 62308 13.26758 285312 3.180 345227 2.79750 417725 4.59491 5.05447 555992 6 11591 6.72750 10.83471 17.44940 188328 431044 478452 531089 50909 654155 7.26334 8.06231 13.58546 22.09230 48871 5.47353 6.13019 6.86804 7.68997 861276 9.54629 17.00006 29.95992 383586 433452 49801 55 625427 706733 790608 902427 10.19742 11.52309 21.23054 3 11590 813725 9.27646 10.57512 12.05569 13.74349 26.46192 5 095016 465209 50 6.15279 707571 8.13705 9.35762 10.76126 12.37545 14.23177 16.36654 32.91895 6 6.21177 741008 11.64153 391610 14 55192 10.692 18989 12.80918 22.73737 15.40102 28.42171 184034] 35.52714 22.18611 44.40892 26.62333 55.51115 31.94800 69.38894 38.33760 86.73617 95.39622264.69780 237.37631 807.79357 3.75 4.255 6.0 7.03 100000 Future Value of Annuity of $1 Periods 1.0N 1.00000 2.01000 3.03010 406040 5 10101 6.15202 7.21054 100000 202000 306040 4.12161 520004 6.30812 7.43428 ESE 9.75463 10.94972 100000 2,03000 3.09090 418353 5.30914 41 7.56246 01234 1015911 11.45389 100000 203750 311391 420003 5.38933 6.5910 700051 9.13255 10.47500 11 95784 100000 2.04000 3.12160 4.24546 5.41632 6.63290 7.89829 9.21423 1058280 12.00611 1.00000 204250 212331 425230 5.46345 6.67ERO 7.95843 9.29671 10.69182 12.14622 100000 207000 12100 1994 Son 100000 206000 11600 17052 5 61709 697532 205000 315250 431013 5.52563 6.80191 8.14201 9.54911 119656 12.57789 365402 117 1318021 1201 2.0 3.0 3.755 4.255 7. 1497164 15.7050 201054 2255049 9.36850 10.46221 Future Value of Annuity of $1 Periods 1.03 11.56683 12.62 13.80933 14.94742 16.09690 17.25786 18.43044 19.61475 20.81090 22.01900 28.24320 34.78489 Future Value of Annuity of $1 Periods 12.16872 13.41209 14 6033 15.97394 17.29342 18.63929 20.01207 21.41231 22.84056 24.29737 32.03030 40.56808 1280780 14.19203 15.61779 17.08632 18 5191 20.156 21.76159 23.41444 25.11687 26.87037 36.45926 47.57542 13.31288 14.81212 1636757 1798135 19.65565 21.39274 23.19497 25.06478 27.00471 29.01739 40 27112 53.79924 175 15.02581 16.62684 18.29191 20.02359 21.82453 23.69751 25.64541 2767123 29.77808 41.64591 56.08494 13.66244 15.24309 16.29092 186089 2039966 22.26665 24.21298 26.24203 28.35732 30.56250 43.07648 14 2069 15.91713 1271290 19.59863 21 57856 23.65749 25.84037 28.13238 305000 33.06595 47.72710 66.43895 2101507 2020 25.67253 28.2128 30.90565 33.75991 36.7855 54 06451 29.05819 27 OS 30 34022 33.99903 37.3796 40.99549 69.24904 46079 ON 10.05 11.0% 12.0% 13.0 16.ON 15.0 10.05 25 1 00000 100000 209000 3.27810 4.57313 5.98471 1.00000 2.13000 3.40690 1 00000 220000 100000 208000 3.24640 450611 5666 739993 8.92280 1061 12.48756 14.4356 744160 100000 210000 3.31000 4.64100 610510 7.71561 9.6717 11.43589 13.57948 15.93742 100000 2.11000 334210 4.70973 6.22780 791285 978327 11 85943 14.16397 16.72201 1.00000 2.12000 3.37440 4.77933 6.35285 311519 10.08901 12 29969 14.77566 17.51874 100000 2.14000 3.43960 492114 6.61010 8.53552 10.73049 1323226 16.05.25 19.33730 1 00000 2 15000 1.47250 499337 61023 114 110660 11722 99 381250 5.76563 8.20703 11.2579 1507349 1941 25. 2 33.25290 129150 832271 10.40466 1275726 15.41571 18.41975 9.20043 1102847 13.02104 15.19293 20. 2005 Future Value of Annuity of $1 Periods 80% 9.0 10.0 11.05 12.05 14.05 18 25.03 2.5660 2016 SOSO 20.65458 2413313 28 02911 32.39250 3727971 2104452 27 2015 3205365 378107 16.64549 18.97713 21.49530 24.21492 27.15211 30.12428 3375023 37.45024 41.44626 45.76196 71.10594 1011328121 17.56029 2014072 2295218 26.01919 29.36092 31.00340 3697370 41.30134 46.01846 51.16012 84.70090 106.30754 18.53117 21.36428 2452271 2791058 3772 35.94973 4054470 45.59917 51.15909 57.27500 98 34706 164.49402 1956143 2271319 25 21164 30.09492 34.40536 39.18995 4450084 50.39594 93949 64.20283 11441331 199.02088 218102 25.65019 2340 343371 4041746 46.67173 53.73906 61.72514 70.74541 80.94683 155.61956 293.19922 48 88357 55.74971 62.0968 7 2.05244 133.33387 241.33263 50.90005 59. 11760 6839407 78.96923 9102493 181.87083 356.78605 45132 400071 47.58041 5571 6507509 75.83636 3821181 102.4058 212.79302 4 74515 52 72.03511 105 4 87.40213 1 0055 105 106 173.63563 1211667 218.04460 154.74000 273.55576 1600 342.94470 471.90106 105479118 1181.88157 3227.17027 esent Value of Annuity of $1 4. 098039 180773 471145 097087 191347 282861 3.71710 457971 5.41719 6.23028 7.01969 7.78611 8.53020 0.99010 1.97040 294099 3.90197 4.85343 5.79548 6.72819 7.65168 8.56602 9.47130 Present Value of Annuity of $1 Periods 1.05 005185 1927 2.78331 3.65138 4.48326 5.28507 6.05790 680280 7.52077 821279 0.96154 1.88609 2.77509 3.62990 4.45182 5.24214 6.00205 6.73274 7.43533 8.11090 0.95923 187935 2.76198 3.60861 4.42073 519974 5.94699 6.66378 7.35135 8.01009 0.94340 119 267301 3.46511 421236 491732 095733 15941 272025 3.54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72173 5.60143 0.93458 1.80802 2.62432 338721 4.10020 476654 5.38929 597130 6.51523 762358 6.07199 732548 8. 16224 6 20979 6.80169 79009 3.0% 3.75% 6.25% 5.0% 7.49857 10.36763 11.25508 12.13374 13.00370 13.86505 14.71787 15.56225 1639827 17.22601 18.04555 22.02316 25.80771 9.78685 10.57534 11.34837 12.10525 12.84926 13.57771 1429187 14.99203 15.67846 16.35143 19.52346 22.39646 9.25262 9.95400 10.63496 11.29607 11.93794 1256110 13.16612 13.75351 14.32380 14.87702 1741315 19.60044 8.87979 9.52269 10.14236 10.73962 11.31530 11.87017 12.40498 12.92046 13.41731 13.89620 16.04320 17.82925 8.76048 9.38507 9.98565 10.56312 11.11819 1165230 12.16567 12.65930 13.13394 1359033 15.62208 17.29203 8.64354 9.25099 9.83251 10.59080 10.92652 11.44031 11.93315 12.40590 12.85938 1329017 15.21734 16.77902 8.30641 8.86325 9.39357 9.89864 10.37966 10.83777 1127407 1168959 12.08532 12.46221 14.09394 15.37245 7.88687 83884 8.85268 9.29490 9.71225 10.10500 104772 1082750 1115812 11.46992 12.78335 13.76483 35755 8.74547 910791 9.44555 9.75322 10 OSS 1010560 10.59401 1165358 12.40904 10.0% 11.09 12.0% 13.0 14.0% 15.0% 20.0% 25.03 087719 Present Value of Annuity of $1 Periods 30 3.0 09110 1.78326 1 79911 257710 253129 231213 327972 299271 388965 462789 4.48592 5.20637 503295 574664 553482 5.99525 671008 6.41766 248585 3.16987 3.79079 4.35526 4 86842 5.33493 5.75902 6.14457 090090 1712 2401 10245 3.650 421054 4.71220 5. 14612 553705 0286 16DS 240189 303735 3.60478 4.11141 456376 4.96764 532825 5.65022 08496 1 66810 235115 2.97447 3.51723 399755 4.42261 212163 291371 Lang 188857 428830 0.86957 162571 228323 285498 35216 3.78448 416042 4.43732 4.77158 5.01877 152778 210648 258873 290061 132551 160459 181716 403097 41247 0.0000 144000 195200 2.36150 2029 2.95142 3.16114 3.32891 3.46313 3.57050 5.13166 5.42624 494637 5.21612 Present Value of Annuity of $1 Periods 3.00 10.05 11.05 12.0 13.ON 14.0% 15.ON 20.05 25.05 6.20052 6.49236 6.74987 2.72512 378010 7.16073 74869 7.78515 8.00069 8.31256 7.13896 7.53608 7.90378 8.24424 8.55948 8.85137 9.12164 9.37189 9.50360 9.31815 1067478 1125778 6.81369 7.10336 7.36669 7.60608 7.82371 8.02155 8.20141 8.36492 8.51356 9.07704 942691 5.93770 6. 1947 6.42355 662817 6.81086 6.97399 7.11963 7.24967 7.36578 7.46944 7.84314 8.05518 5.68694 S91705 6.12181 6 30049 6.46218 6.60388 6.72909 6.83991 6.91797 7.02475 7.32998 7.49565 7.19087 7.37916 7.54879 7.70162 789929 7.95333 8.42174 393 5.65273 5.66029 5.84236 6.00207 6.14217 6.26505 6.37286 6.46742 655037 5.42062 558315 5.72448 5.84737 595423 604716 6. 12797 6.19823 6.25933 646415 656598 44922 453258 461057 467547 4.72956 4.77463 4.81219 43450 3.85926 3.88741 3.90993 352794 7556 8.95011 12855 6.87293 7.00266 4 5 4974 34 192505 1027365