Question: Use the present value and future value tables to answer the tollowing questions. A. If you would like to accumalate $2,500 over the next 5

 Use the present value and future value tables to answer the

Use the present value and future value tables to answer the tollowing questions. A. If you would like to accumalate $2,500 over the next 5 years when the interest rate is 15%, how much do you need to deposit in the account? B. If you place $6,300 in a savings account, how much wil you have at the end of 7 years with a 12% interest rate? C. You invest $8,000 per year for 9 years at 12% interest, how much will you have at the end of 9 years? D. You win the lottery and can either recelve $750,000 as a lump sum or $60,000 per year for 19 years. Assuming you can earn -8\% interest, which do you recommend and why? Take the fump sum $750,000 because it is more money. v Fenfuect 7 Deos Mr wor Conelder the cash fiow involved. Does the amount required refer to a present or future amount? Are there regular payments involved? This will help decide Which bme value of money table should be used

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