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Present and future value tables of $1 at 9% are presented below. 1 2 3 PV of $1 0.91743 0.84168 0.77218 0.70843 0.64993 0.59627 FV of $1 1.09900 1.18810 1.29503 1.41158 1.53862 1.67710 PVA of $1 0.91743 1.75911 2.53129 3.23972 3.88965 4.48592 FVAD of $1 1.0990 2.2781 3.5731 4.9847 6.5233 8.2004 FVA of $1 1.0000 2.0990 3.2781 4.5731 5.9847 7.5233 4 5 6 6 LO How much must be invested now at 9% interest to accumulate to $14,000 in two years? Multiple Choice $7,391 S11,517 $7,658 $11,784 Present and future value tables of $1 at 3% are presented below: N FV $1 PV $1 FVA $1 PVA $1 1 1.03090 0.97087 1.0000 0.97087 2 1.06099 0.94260 2.0300 1.91347 3 1.09273 0.91514 3.0999 2.82861 4 1.12551 0.88849 4.1836 3.71719 5 1.15927 0.86261 5.3091 4.57971 6 6 1.19405 0.83748 6.4684 5.41719 7 1.22987 9.81399 7.6625 6.23028 8 1.26677 0.78941 8.8923 7.01969 9 9 1.30477 0.76642 10.1591 7.78611 10 1.34392 0.74499 11.4639 8.53020 11 1.38423 0.72242 12.80789.25262 12 1.42576 0.70138 14.1920 9.95400 13 1.46853 0.68095 15.6178 10.63496 14 1.51259 8.66112 17.8863 11.29607 15 1.55797 9.64186 18.5989 11.93794 16 1.60471 0.62317 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0989 1.97087 3.1836 2.91347 4.3891 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23928 10.4639 8.01969 11.8078 8.78611 13. 1920 9.53020 14.6178 | 10.25262 16.0863 18.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Jimmy has $362,952 accumulated in a 401k plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place at the end of each year starting a year from now. How soon will the fund be exhausted if Jimmy withdraws $67,000 each year? Multiple Choloe 6 years. O 9 years. 5 years. 8 years. Present and future value tablos of $1 11% are presented below. PV of $1 FV of si PVA of $1 FVA of $1 10.99090 1.21000 8.99998 1.000 20.81162 1.23210 1.71252 2.1109 38.73119 1.36763 2.44371 3.3421 48.658731.51807 3.19245 4.7097 0.59345 1.68506 3.69596 6.2278 0.53464 1.87841 4.23054 7.9129 Titanic Corporation leared executive limousines under terms of $90.000 to be paid at the Inception of the lease, and four equal annual payments of $100.000 to each be paid thereafter on the anniversary doto of the force. The Interest rate implicit in the lease is 11%. The first year's interest expense would be Round your intermediate calculations and final answers to the nearest dollar amount.) Multiple Choice $44.000 $98.900 511000 $34122

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