HW9B - 5 please help. 3 part question

Part 1 of 3 Points: 0 of 2 Save Sylvia wants to take the next five years of work to travel around the world. She estimates her annual cash needs at 531,000 (if she needs more, the will work odd jobs). Sylvia believes she can invest her savings at 10% until she depletes her funds (Click the icon to view Present Value of $1 table) (Click the icon to view Pronant Value of Ordinary Annuity of 51 table) Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annulty of S1 table) Read the requirements Requirement 1. How much money does Sylvia need now to fund her travels? (Round your answer to the nearest whole dollar) With the 10% interest rate, Sylvia needs 8% Present Value of 51 18% 12% 14% Periods 20% 15% 1% 6% 16% 2% 7% 10% 3% 5% 9% Period 1 0990 0.980 0971 0.9620.9520943 0.935 0.926 091709090.093 0.8770 BT0 0.862 0.1470.33 Period 2 0.980 0.961 0.943 0.925 0.9070.890 0.873 0.857 0.84208260.797 0.769 0.756 0.743 0.7180.694 Period 3 0.971 0.942 0.915 0.8890.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.738 0.708 0.68 0.636 0.692 0.672 0.562 0.516 0.482 Periods 0.951 0.906 0.863 0.822 0.784 0.747 0.713 | 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 10.790 0.746 0.705 0.6660.630 0.596 0.5840.507 0.4560.412 0.410 0.370 0.335 Period 7 0.933 0.875 0.813 0.750 0.711 0.665 0.623 0.583 0.547 0.513 0.462 0.400 0.376 0.354 0.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.5820540 0.502 0.467 0.4040.351 0.327 0.305 0.266 0.233 Period 9 0.194 0.914 0.837 0.766 0.7030.545 0.592 0.544 0.500 0.460 0.424 0.361 0.3000.284 0.263 0.225 Period 10 0.90 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 Period 11 0.896 0.8040.722 0.650 0.585 0.527 | 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.1950.162 0.136 perlod 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.1870.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.368 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 Period 14 10.870 0.758 0.661 0.577 0.505 0.442 0.38 0.340 0.299 0.263 0.2050.160 0.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.565 0.481 0.417 0.362 0.315 0.275 0.239 0.183 0.140 0.122 0.108 0.084 0.065 Period 16 0.853 0.7280623 0.534 0.458 0394 0.339 0.292 0.252 0218 0.163 0.123 0.1070.093 0.071 0.054 Period 17 0.544 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.1980146 0.108 0.093 0.00 0.000 0.045 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0212 0.180 0.130.1 0.095 0.081 0.069 0.051 0.038 Period 19 10.828 0.686 0.570 0.475 0.396 0.331 0.277 0232 0.194 0.164 0.116 0.083 0.00 0.060 0.043 0.031 period 20 10.620 0.673 0.554 10.456 0.377 0.3120.258 0215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 21 0.811 0.660 0.538 10.439 0.359 0.294 0.2420.199 0.164 0.135 0.093 0.054 0.05301044 0.031 0.022 period 22 0.803 0.647 0.522 10,422 0.342 0.278 0.226 0.184 0.15001230085 0.066 0.045 0.035 0.028 0.018 Period 23 0.19 0.634 0.507 0.406 0 326 0.252 0.211 0.170 0.138 0.1120074 0.049 0 040 0.033 0.022 0.015 period 24 10.789 0.522 0.492 0.390 0310 0.247 0.197 0.15 0.125 0.10200660-03 0.035 0.028 0.019 0.013 Period 25 0.750 0.610 0.478 0.375 0295 0 233 0.154 0.146 0.116 00920 059 0038 0.0300024 0.016 | 0 DIO Period 26 0.772 0.598 0.464 0.361 0281 0220 0.172 0.135 0.1050084 0.0530.033 0.025 0.021 00140 009 Period 27 0.764 0.586 0.450 0.347 0.268 0.207 0.16 0.125 0.098 0.075 0.047 0.02900230018 0.01 0.007 Period 28 0.757 0.574 0.437 0.333 0.250.1960.150 10.116 0.690 0.069 0.042 BZG 00200016 0.0100006 period 29 0.7490.563 0 424 0.32 0.243 0.15 0.14 0.101 00520063 0.037 0.022 0.017 00140 0000 006 Period 30 10.742 08420412 10.308 0.231 0.174 0.131 0099 0.075 00570033 0.0200.015 0.0120.007 0.004 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0046 0.032 0.022 011 0.005 0.004 0.003 0.001 0.001 Period 50 10.608 0372 | 0225 0 141 0.08 0.054 0034 0.021 00130.0090003 0.001 0.001 0.001 6% Penods Period 1 Period 2 Perlod 3 Period Periods Period 6 Period 7 Period & Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Future Value of $1 12% 1% 14% 15% 2% 7% 3% 9% 10% 4% 5% 10T010201.030 1.0401.050 1.050 1.070 1.000 1.090 1.100 1.120 540 5150 1.020 1.040 1.061 1.082 1.100 1.124 | 1.146 1.166 1.1881.210 1.254 1.300 1.323 1.030 1.061 1.093 1.126 1.1581.191 1226 1260 1295 1.331 1.405 1.482 1.521 1.041 1.0821.126 1.170 1216 1.2621.311 1.36014121.464 1.574 1.689 1.749 1.762 1.926 2011 1.0511.104 1.15912171276 1.338 1.403 1.469 1.539 1.611 1.062 1.126 1.194 1.2661.340 1.419 1.501 1.587 1.677 1.772 1.974 2.195 2.313 1.072 1.149 1.2301.316 1.407 1.5041.606 1.7141.828 1.949 2.211 2.502 2660 1.083 1.1721.267 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 1.094 1.1951.305 1.423 1.651 1.689 1.836 1.999 2.172 2.368 2.7733.252 3.518 1.105 1219 1.344 1.480 1.629 1.791 1.967 2.159 2.367 2.594 3.106 3.707 4.046 1.116 1.24313841.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.2264.652 1.127 1.268 1.426 1.601 1.796 2012 2 252 2.518 2.8133.138 3.896 4.818 5.350 1.138 1294 1.469 1.665 1.886 21332.410 2.720 3.066 3.452 4.363 5.492 6.153 1.149 1.319 1.513 1.73219802 261 2.5792937 3.342 3.798 4.887 6.2617.076 1.161 11346 1.558 1.801 2.079 2.3972.7593.1723542 4.177 5.47471388.137 1.173 1.373 1.605 1.873 2.183 2540 2.952 3.426 3.970 4.595 6.130 8.1379.358 1.184 1.400 1.653 1.948 2.29226933.159 3.7004 328 5054 6.66G 19.276 10.76 1.196 1.428 1.702 2026 2.407 2.854 3.380 3.996 4.717 5.560 74690 10.56 1238 1208 1.457 1.754 2 107 2.527 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.220 1.4861 806 2.1912.653 3.2073.870 4.661 5.604 6.727 9.646 13.74 16.37 1 232 1.516 1 860 2.279 2.786 3.400 4.1415.034 6.1097.400 10.80 15.67 18.82 1 245 1.546 1.9162370 2925 3.604 4.430 5.4375.6598.140 12.10 17.86 2164 1.257 15771.974 | 2.465 3,072 3.820 4.741 5.871 712588.954 13.55 20.36 24.89 1270 1.608 2.0332563 3.226 4.049 5.072634179119.850 15.18 23.21 28.63 1282 1.641 2094 2666 3.386 4 292 1.427 6.8488.623 10.83 17.00 26.46 12.92 1.295 1673 2.1572.7723556645495.807 73969.899 11.92 19 04 30 17 37 BG 1.308 7707 22212855 3.733 48226 2147 988 10.25 13.11 21.32 3439 43.54 1.321 1741 2.288 2999 3 920 5.1126,649 3.527 11117 | 14:42 23.8939 2050.07 1.235 1.776235737119 4.116 5.418 17.114 9317 12.17 158 25.75 44 69 57158 1.348 1311 2.4273 .243 41225.743 7612 10 06 13.27 | 1745 29.96 50 95 68 21 1.489 2 2083 2624 801 7.040 10.2914 9721.723141|45.25 33:05 1999 2679 1.645269 43847107 11.47 15.42 29.46 46907436112428901002 1084 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 Present Value of Ordinary Annuity of $1 Periods 1% 29% 3% 4% 5% 6% 7% 20% 8% 9% 10% 12% 14% 15% 16% 18% Period 1 0.990 0.9800.971 0.962 0.962 0.9430.935 0.926 0.9170.9090.893 0.77 0.670 0.6620.47 0.633 Period 2 1.970 1.942 1.9131.8861.869 1.833 1.808 1.783 1.769 1.736 1.6901.6471.626 1.6051.566 1.528 Period 3 2.9412.884 2.8292.775 2.723 2.673 2624 2.577 2631 2.487 2.402 2322 2.283 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3630 3.546 3.4653387 3.3123.240 3.170 3.037 2.914 2.855 2.798 2.690 2.689 Periods 4.853 47134.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 3.433 3.352 3.274 3.127 2.991 Period 6 5.795 5.601 5.417 5.242 3.076 4.917 4.767 4.623 4.4864.355 4.111 3.8893.7843.685 3.498 3.326 Perlod 7 6.728 6.4726.230 6.0025.786 5.582 5.389 5.206 5.033 4.8684.564 4.288 4.1604.0393.812 3.605 Period & 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.536 5335 4.968 4.6394.4874.344 | 4.078 3.837 Period 9 8.5668.1627.786 7.435 7.108 6.802 6,516 6247 5.9955.759 5,3284.9464.7724.6074.303 4.031 Period 10 9.4718.9833.530 8.111 7.72273607.0246.710 6.418 6.145 5.6505.216 5:019 4,833 4.494 4.192 Period 11 10.368 9.7879.2538.760 8.306 7.8977499 7.139 6.805 6.4965.938 5.4535.2345.029 4.656 4.327 Period 12 11.255 10.575 9.9549.385 8.863 8.384 7.943 7.6367 1616.814 6 1945.660 5.421 5.197 4.7934439 Period 13 12.134 11.348 10.6359.986 9.1948.853 8.358 7.904 7.4877.1036.424 5.8425583 5.3424.910 4.533 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.2447.786 73676.6286.0025.724 5.4685,008 4.611 Period 15 13.865 12.849 11.93811.118 10.3809.712 9.108 8.559 8.061 7.606 6.B11 6.142 5.847 5.575 5.092 4.675 Period 16 14.718 13.57812.561 11.652 10.838 10.106 9.447 4.851 8.313 7.824 6.9746.265 5.954 5.869 5.1624.730 Period 17 15.562 14.292 13.166 12.166 | 11.274 (10.4771 9.763 9.122 8.5448.02271206.373 6.047 5.7495222 4.775 Period 18 16,398 14.992 13.754 12.659 11.69010 828 10 059 9.3728.7568201 7.250 6.467 6.126 5.818 5.2734.812 Period 19 17.226 15.678 14 324 13.134 12.083|11.15810.336 9.604 8.9508.3857.3666.560 | 6.1985.677 5.316 4.844 Period 20 18.046 16.351 14.877 13.590 12.462|11.470 10.5949.818 9.12985147.4696.623 6.259 5.9295.353 4.870 period 21 18.857 17.01115.415 14.029 1282111.764 10836 10.0129.292 8.649 7562668703125,973 5.384 4.891 period 22 19.660 17658 15,93714.451 13.163 12.042 11 061 10.2019.442 3172 7,645 6.743 6,3596.0115.410 4.909 period 23 (20.456 16,444 14.857 13.489 12.30311272 10.3719.680.38372186792 | 6.399 6,044 5.432 4.925 Period 24 21.24318.914 16.936 15,247 13.799 12.500 11.469 10.5299 70739857.784 6835 6.434 6.073 | 5451 4937 Period 25 (22.023 1952311.413 15 622 14 0941278311654 10.67598239.077784368736.464 6.0973.467 4.948 Period 26 22.795 | 20.12117.877 16.983 14 375 13.003 11.826 10.810 9929 9.1677.8966.9066491 6.118 Period 27 23 560 20.707 18.327 16 330 |14.64313211|11.987 10,938 10.027 923779436.93565146.136 5.480 4956 Period 28 24 316 21.28118.764 16.663 1489813406 12 13711051 10.116 9:307 79846.9616534 6.152 5.502 | 4.970 5.492 4964 period 29 (25.066 21.844 19:188 16984 15.141 13.591 122 11.158 10.1989 370 02269836,551 6.166 55104975 period 30 25.80822.396 19.6001729215,37213.765 12 40910258102749.427 805520036.366 6.1775517 4979 Period 40 32835 27 355 23 115 19.793 17 1591504613332 925 10.7579.77982447105 5.642 6.233 5.548 14.997 Period 50 29.190 31.424 25.730 21.48218256 1570213 801 12.233 10.902 9.915230424130 6.66162465.5544999 Periods Period 1 Period 2 Period 3 Period 4 Periods Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Future Value of Ordinary Annuity of $1 2% $% 6% 7% 15% 8% 9% 10% 12% 14% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2030 2.040 2.050 2060 2.070 2.080 2090 2.100 2120 2.140 2.150 3.030 3.050 3.091 3.1223.1533.1843.215 3.246 3.278 3.310 3.374 3.440 3.473 4.993 4.050 4.122 4.1844.246 4.310 4.375 4.440 4.5064.573 4.641 4.779 4.921 5.101 5.204 5.309 5.416 5.626 5.637 5.7515.8675.985 6.105 6.353 6.610 6.742 6.152 6.308 6.468 6.6336.8026.9757.153 7.3367.523 7.716 3.115 8.536 8.754 11.07 7.214 7.434 7.6627.898 8.142 8.394 3.654 8.9239.2009.497 10.09 10.73 8.286 8.5838,892 92149.549 9.897 10.260 10.64 11.03 11.44 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.96 12.49 12.02 13.58 14.78 16.09 16.79 10.46 10.95 11.46 12.01 12.58 13.18 13.82 14.49 15.1915.94 17.55 19.34 20.30 11.57 12.17 12.81 13.49 14.21 14.97 15.78 16.66 17.56 18.53 20.65 23.04 24.35 12.68 13.41 14.19 15.03 15.92 16.87 17.8918.98 20.14 21.3824.1327 27 29.00 13.81 14.68 15,62 16.63 17.71 18.88 20.14 21.50 22.95 24 52 28.03 32.0934.35 14.95 15,97 17.09 18.2919.60 21.02 22.55 24 21 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.5823.28 25.13 27.15 29.3631.77 37 28 43.84 47.58 17.25 18.64 20.16 21.8223.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.7623.7025.84 28.21 30.84 33.75 36.9740.5448.8859.12 65.08 19.61 21.41 23.412565 28.13 30.91 34.00 37.45 | 4130 45 50 55.7568.39 75.84 2081 22.84 25.12 27 67 30,54 33.76 37 38 41.454602 51.1663.44 78.978821 22.02 24.30 26.87 29.7833.07 36.79 41.00 45.7651.1657 28 72.05 91.0Z 1024 23 24 25.7828.68 31.97 35.72 39 99 4487 50,42 56.76 64.00 | 91 701048 118.8 24.47 27-30 30.54 34.25 38.51 43.3949.01 55.4652.87 71.40 92.30 120.4 137.6 25.72 28.8532.4536.62 4143 | 47.00 53.44 60 89 69 53 79 54 1046 1383 159.3 26.97 3042 34.43 39.08 44.50 50.82 8.1866.7676.79 38.50 11821387 1942 2824 32.03 36.4641.65 47.73 54.86 63.25 73.11 84 7098,35 1333 181.92128 29.53 33.6738.55 443151.11 59.16 58.68 19.95 93 32 1092 15022003245.7 30.82 35.3440.71 470 54.67 63.71 74 48 87.35 102.7 121.1 169:4 238.5 2836 32.13 37.05 42.93 49.9758 40 68.53 B0 70 95.34 1130 1342 190.7 272.9 327.1 33.45 38.79 4522 52976232 73 64 87435 1040 1241 1486 2145 3121 371 2 34.78 46.57 47.5 56.08G. 44 19.06 94.46 11131363 15452413 356 8 434 T 48.89 50.407540 95,031208 1542 199.6259337.944267671 1 342 1.779 64.46 84 50 1128152.72093 29039065572311 1164 2.400 49957218 Period 16 Period 17 Period 18 Period 19 Period 20 eriod 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 period 28 Period 29 Period 30 Period 40 Period 50 Part 1 of 3 O Points: 0 of 2 Save Sylvia wants to take the next five years off work to travel around the world. She estimates her annual cash needs at $31,000 (if she needs more, she will work odd jobs) Sylvia believes she can invest her savings at 10% until she depletes her funds. (Click the icon to view Prep (Click the icon to view Fut - Requirements Read the requirements 1. How much money does Sylvia need now to fund her travels ? 2. After speaking with a number of banks, Sylvia learns she will only be able to invest her funds at 4% How much does she need now to fund her travels? Requirement 1. How much me With the 10% interest rate. Sy Print Done