HW Score: 0%, Question Homework: 2-3 MyFinanceLab: Assignment: Module Two Homework Score: 0 of 5 pts 1 of 100 complete Problem P3-3 (similar to) Paljast graduated from college and landed his first real job, which pays $24,000 a year. In 14 years, what will he need to eam to maintain the same purchasing power if inflation averages 2 perunt? Click on the table icon to view the FVF table Data Table The tuture value, PV, Paul will need to earn it initiation averager 2 percent is 8)(Round to the nearest cont.) Compound Sum of $1 (FVIF) 1 OSO 6% 1.000 1.124 1191 1.262 1.338 1.410 BS 1.000 1.166 1.250 1,070 1.145 1225 1311 1.403 1.501 5 1.103 11 1.210 1.276 110 1407 1477 1.551 1.62 1.750 1469 1 587 1.714 - 9% 1000 1.188 1.295 1,412 1.530 1.677 132 1993 2.172 2.367 2.580 10% 1.100 1 210 1.331 1.464 1.611 1.772 1.949 2.144 2.356 2594 2853 3.136 1504 21 3 1.010 1.020 1.030 1.020 1040 1001 10 1.030 1061 1093 1.125 1.041 102 1.12 1.170 1.051 1.104 1.149 1.21 1.082 1.120 1.194 1265 1.073 123 1.316 103 1. 172 1.267 1 369 1094 1.195 1305 1 423 1.10 1944 1.450 11 1.500 1420 1.601 11 169 1665 1,549 1310 1.513 1.732 1.161 1 1.558 1901 1373 1400 16 1948 11 1.702 2020 1200 1457 1.754 2107 1.806 2.191 1232 1510 1.000 2270 1.245 1.546 1.2370 7 3 10 11 12 13 14 """"""" 1 AM 190 2079 1 594 1.689 1.791 1896 2012 2130 2.251 2.397 2.540 2.693 2854 3020 3.797 1.710 1 BIR 1.567 2.105 225 2410 2.579 2.750 2952 3.150 3.30 361 3870 4.141 2.159 2332 2.515 2.720 2937 3.172 3:42 3.700 3996 4316 3066 3.32 3.642 3.970 4.328 4595 5.054 16 17 10 19 2.292 2.40V 2.52 2.653 2.75 2925 6110 6.727 7400 R14 21 5014 6.109 3.604 Enter your awwe in the answer box and then click Check Answer All parts showing Print Done 10 A atv A Search or enter website name