bung Title Heading 2 Font Subtitle Paragraph Styles When Dere was a small child. Na grandfather established a trust fund for him to receive 517.000 on his thirty-fifth birthday Derek just turned 23. What is the value of Nie trust today the trust and earns 7 percent interest? Whe had to wait until age 40 to receive the money, what is the present value today of the $17.000 to be received in 17 years? Click the following table icon to view the PVF able The present value. PV, of his trust today is the trust fund earns 7 percent interest in s Round to the nearest cone) Pre Value OS OS 5050 0904 OSO 0915 080 20 150 10510 0935 OS OTTE 0163 0.75 0855 LO KO 0.750 2 0772 730 0650 058 6 7 3831 OTRE OTA OM 06 TED SALO SO 0.53 0535 05 0513 1 0.589 6503 0544 0.500 0582 0556 0850 MED 0.351 09 0.650 07612 50 0557 60 002 03 STO 0.444 02 315 1920 0 601 XO 0443 08 O 340 09 02 622 2 0.41 15 1290 5020 0534 0513 154 OTE 022 KO 317 020 D 016 015 0212 601 52 02 LE 0377 OH 250 9230 020 023 LO 12 00 0 31 12 100 19 ONE 024 2 15 BILE 21 0734 375 0306 020 400 05 ITD 1999 2014 000 150 HO O a abc XX Aay. A E ... 1 Normal .cl Aa 1 No Spac... Heading 1 Heading 2 Title Subtitle Font Paragraph Styles Problem P3-10 (similar to) Question Help Richard Gorman is 65 years old and about to retire. He has $583,000 saved to supplement his pension and Social Security and would be to withdraw th equal annual dollar amounts so that nothing left her 16 years. How much does he have to withdraw each year the cars 6 percent on this money? Click on the table icon to view the annuity table he samne 6 percent on his money the amount he will have to withdraw each year is sound to the nearest cent) 1 2 3 1% 0990 1970 2941 OSO 1942 2884 3.808 104 0909 1736 2487 3.170 2613 9% 0917 1.759 2.531 3240 3890 4713 4853 5.795 6.726 4212 Present Value of an Annuity of $1(PVIAJ 6% 0952 0913 1913 1859 1833 1808 2005 2775 2723 2624 3.717 3630 3546 3455 3387 4452 4100 567 4917 4767 6230 6 002 5.786 5582 7020 6.733 6.210 5.971 7 786 7 435 7.100 6802 6.515 8530 8111 7360 7024 9.253 8 760 8.306 7887 7499 9956 9385 8.384 7.543 10635 9586 8.859 5242 5 6 7 8 9 10 11 12 5601 6472 7325 3389 8% 0926 1783 2.577 3312 3 993 4623 5 206 $747 6 247 6.710 7139 7536 7907 7463 8.566 5033 8535 5995 7122 10360 11255 12134 9787 10 575 11 30 4866 5335 5.759 6.145 6.495 6814 7.10) 6 805 7 161 O 13004 12 106 1289 10.553 15 116 C. 9899 10 10338 11274 7706 8061 16 9295 9712 10.100 10477 7367 760 12560 745 9102 9441 9783 16 149 1566 13 754 14 8244 8555 3851 9122 932 9504 9811 12.168 12659 1334 135 3544 2.755 19 20 21 12088 18 10 136 19 17011 17656 15 937 15 122 1) 163 12002 TO 11861 1021 37 92 9442 10913 1952 12550 17 14:51 1435 15241 15.622 1122 15 22 02 25.00 32 335 1793 100 15 30 27 24 23115 50 13765 15 15 152 10 o Et