Chapter 06 Saved Help Save & Exit Check 1 Determine the future value of the following single amounts (EV of $1. PV of $1. EVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.): 10 Invested Amount i= n m Future Value points 1 17,500 7% 15 2 27,000 4% 14 S 39,000 10 % 15 eBook 4 60,000 4% 10 Hint Print References Help Save & Exit Check my w 2 Determine the present value of the following single amounts (FV of $1, PV of $1. FVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.): 10 Future Amount i= n = Present Value points 1. S 29,000 8% 15 2. 23,000 9% 18 3. 34,000 12% 24 eBook 4. 49,000 11% 14 Hint Print References 14 Saved Help Save & Exit Submi Check my work 3 John Rider wants to accumulate $105,000 to be used for his daughter's college education. He would like to have the amount available on December 31, 2023. Assume that the funds will accumulate in a certificate of deposit paying 8 % interest compounded annually. (EV of $1, PV of $1, EVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 10 points Answer each of the following independent questions. Required: 1. If John were to deposit a single amount, how much would he have to invest on December 31, 2018? 2. If John were to make five equal deposits on each December 31, beginning a year later, on December 31, 2019, what is the required amount of each deposit? 3. If John were to make five equal deposits on each December 31, beginning of each deposit? (For all requirements, Round your final answers to nearest whole dollar amount.) eBook now, on December 31, 2018, what is the required amount Print References 1. Amount 2 Annuity amount 3 Annuity amount pujjicICUIect.ITeducaliun.cum/TIOW/COnnect.html Chapter 06 i Saved Help Save & Exit Submit Check my work 33 John Rider wants to accumulate $105,000 to be used for his daughter's college education. He would like to have the amount available on December 31, 2023. Assume that the funds will accumulate in a certificate of deposit paying 8 % interest compounded annually. (EV of $1, PV of $1, FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 10 points Answer each of the following independent questions. Required: 1. If John were to deposit a single amount, how much would he have to invest on December 31, 2018? 2. If John were to make five equal deposits on each December 31, beginning a year later, on December 31, 2019, what is the required amount of each deposit? 3. If John were to make five equal deposits on of each deposit? eBook each December 31, beginning now, on December 31, 2018, what is the required amount Print (For all requirements, Round your final answers to nearest whole dollar amount.) References Amount 2 Annuity amount 3 Annuity amount