Present and future value tables of $1 at 3% are presented below 2.91347 N N FV $1 PV 51 1 1.030000.97087 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 1555 - 5 1.15927 0.86261 6 1.19405 0.83748 7 1.229870.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.468530.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 FVA $1 PVA 51 FVAD $1 PVAD 51 1.0000 0.97037 1.0300 1.00000 2.0300 1.91347 2.0909 1.97087 3.0909 2.32861 3.1836 4.1836 3.71710 4.3091 3.82861 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 02 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 170 19.1591 7.78611 10.4639 8.01969 2001 11.4639 8.53020 11.8078 8.78611 12.5078 9.25262 13. 1920 9.53020 14. 1920 9.95400 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 17.0863 11.29587 17.5989 11.63496 18.5989 11.93794 19.1569 12.29607 20.1569 12.56110 20.7616 12.93794 10250 22 22 Debbie has $481181 accumulated in a 401k plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted Debbie withdraws 360.000 each year? Multiple Choice 10.6 years. 8.4 years. 11.0 years. 90 years Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 FVA $1 PVA $1 1 1 1.83089 9.97087 1.8000 9.97087 2 1.66890 0.94260 2.9390 1.91347 3 1.89273 0.91514 3.8909 2.82861 4 1.12551 0.88849 4.1836 - 3.71710 5 1.15927 0.86261 5.3091 4.57971 6 1.19405 9.83748 6.4684 5.41719 7 1.22987 0.81389 7.6625 6.23028 8 2002 1.26677 0.78941 8.8923 7.01969 9 1.394770.76642 20 18.1591 7.78611 10 1.34392 0.74409 11. 8.53020 11 1.38423 0.72242 12.8078 9.25262 12 1.42576 9.70138 14.1920 9.95400 13 1.46853 3.68095 15.6178 10.63496 14 1.512590.66112 17.0863 11.29607 15 1.55797 0.64186 18.5989 11.93794 16 1.60471 1.68471 0.62317 0.62317 20.1569 12.56110 FVAD $1 PVAD $1 1.0389 1.00000 2.0909 1.97087 2001 3.1836 2.91347 ** 4.3891 3.82861 2001 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8978 8.78611 13. 1920 9.53020 14.6178 18.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Sondra deposits $2400 in an IRA account on April 15, 2021 Assume the account will earn 3% annually. If she repeats this for the next 12 years. how much will she have on deposit on April 14. 2033 Multiple Cholce $36,837 $42,099. $ O O O O $38.591. $ O $35.083. O Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 1 1.030800.97087 2 1.060909.94260 3 1.99273 0.91514 2011 4 1.12551 0.88849 5 1. 15927 9.86261 2024 --- 6 1. 1940 0.83748 1.1990 7 1.22987 1.229.01 0.81309 8 1.26627 0.78941 NO 9 1.394770.76642 10 1.34392 0.74409 11 1.38423 0.72242 2012 Veen 12 1.42576 9.70138 13 1.46853 0.68095 14 1.512590.66112 15 1.55797 0.64186 16 1.68471 0.62317 1.2007 FVA $1 PVA $1 FVAD $1 PVAD $1 1.0000 0.97087 1.0300 1.08000 2.9308 1.91347 2.0909 1.97087 3.8909 2.82861 3.1836 2.91347 4.1836 3.71710 * 4.3091 3.82861 120 5.3991 4.57971 22 5.4684 4.71719 6.4684 5.41719 6.6625 5.57971 2000 2 7.6625 6.23028 7.8923 6.41719 * 1024 8.8923 7.01969 9.1591 7.23028 20 10.1591 7.78611 10.4639 8.01969 - 11.4639 8.53829 11.8078 8.78611 12.8078 Couro 9.25262 13.1920 9.53920 14.1920 141224 9.95400 14.6178 18.25262 13.01 15.6178 10.63496 16.0863 10.95400 17.0863 11.29687 17.5989 11.63496 18.5989 11.93794 19.1569 12.29607 20.1569 12.56110 29.7616 12.93794 Shelley wants to cash in her winning lottery ticket She can either receive sixteen $205.000 semiannual payments starting today, or she can receive a single-amount payment today based on a 6% annual interest rate. What is the single-amount payment she can receive today? Multiple Choice $1,748,700 O $2,652 278. $1,525,385. $1,644,036