Use future or present value techniques to solve the following problems. a. If you inherited $100,000 today and invested all of it in a security that paid a 13 percent rate of return, how much would you have in 25 years? Round the answer to the nearest cent. Round FV-factor to three decimal places. Calculate your answer based on the FV.factor. Calculate your answer based on the financial calculator $ b. If the average new home costs $270,000 today, how much will it cost in 8 years if the price increases by 4 percent each year? Round the answer to the nearest cent. Round FV-factor to three decimal places. Calculate your answer based on the FV-factor $ Calculate your answer based on the financial calculator $ c. You forecast that in 12 years it will cost $230,000 to provide your child a 4 year college education. Will you have enough if you take $77,000 today and invest it for the next 12 years at percent Round the answer to the nearest cent. Round FV-factor and FVA-factors to three decimal places. Select You will have approximately $ -Select than your estimate of $230,000. d. If you can cam 9 percent, how much will you have to save each year if you want to retire in 30 years with $1.6 million Round the answer to the nearest cent. Round FVA-factor to three decimal places. Calculate your answer based on the FVA-factor. 5 Calculate your answer based on the finance calculator