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Bill and Sally Kaplan have an annual spending plan that amounts to $122,000. If inflation...

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Bill and Sally Kaplan have an annual spending plan that amounts to $122,000. If inflation is 4 percent a year for the next three years, what amount will the Kaplans need for their living expenses three years from now? (Exhibit 1-Ai Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places. Exhibit 1-B Future Valoe (Compounded Sum) of \$1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) Fvilbit 1-C Present Value of S1 to Be Received at the End of a Given Number of Time Pericds Fxhibit 1-D Present Valoe of $1 Received at the End of Each Period for a Given Number of Time Periods (an Annuity)

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