Question: Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6%

Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period Periods FV of $1 1.0600 1.1236 1.1910 1.2625 1.3382 1 2 3 4 5 PV of $1 .9434 .8900 .8396 .7921 .7473 FVA of $1 2.0600 3.1836 4.3746 5.6371 6.9753 PVA of $1 0.9434 1.8334 2.6730 3.4651 4.2124 Ava Darling plans to buy a house in 4 years and needs $12,500 for a down payment. If the annual interest rate is 6%, how much does Ava Darling need to invest today to have $12,500 in four years?

Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period Ava Darling plans to buy a house in 4 years and needs $12,500 for a down payment. If the annual interest rate is 6%, how much does Ava Darling need to invest today to have $12,500 in four years

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