For each situation, compute the required amount using the provided tables.

Click here boview the Future Vilus of St Table.

Click ticre lo view the Preseni Valueds$1$ Table.

Regutired

Requirement $1,$ Uniondale Technologies Inc's operations are generating excess cash that will be invested in a special fund. During $2023,$ Uniondale Technologies invests $$12,300,000$ in the fund for a planned advertising campaign for a new product to be released eleven years later, in $2034.$ If Uniondale Technologies's investments can earn $8$ percent each year, how much cash will the company have for the advertising campaign in $2034?($Round to the nearest dollar.$)$

How much will the company have for the advertising campaign in $2034?$

Requirement $2.$ Uniondale Technologies Inc will need $$17$ milion to advertise a new product in $2034$ How much must Uniondale Technologies invest in $2023$ to have the cash avaliable for the advertising campaign? Uniondale Technologies's investments can earn $8$ percent annually. $($Round to the nearest dollar.$)$

How much will the comparty need to invest in $2023$ to have the cash available for the adventising campaign?

Requirement $3.$ Explain the relationship between the answers to $(1)$ and $(2)$

Identity the future value of $$1$ factor used in requirement $1$ and the present value of $$1$ factor used in requirement $2($Round to three decimal places.$)$

$$