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# 8:43 18 Potul 71% TVM Lab Activity - ACCT 200 (1) - Saved o n 2....

## Question

###### 8:43 18 Potul 71% TVM Lab Activity - ACCT 200 (1) - Saved o n 2.... 8:43 18 Potul 71% TVM Lab Activity - ACCT 200 (1) - Saved o n 2. A) Fill in the missing amounts in each independent column: A, B, and C (TVM of an Annuity): B C (Annual) (Annual) \$150,000 N/A A (Annual) Present ? Value Future ΝΙΑ Value Years 10 Interest 8% Rate Payment \$12,000 ΝΙΑ ? 15 5 6% 8% ? \$3,500 B) Kim just got a job. She is so happy that she decided to reward herself by purchasing a rare 1980 blue YUGO. TA-R-US used cars has given her the option of paying \$14,000 now or making 8 annual payments of \$2,000 starting in exactly 1 year. The interest rate is 9%. Which plan should Kim choose? 1 C) Emma's goal in life is to own a ballet studio. Kenzie currently owns a studio, but she has plans to sell it. Emma agreed to pay Kenzie \$3,000,000 5 years from today to acquire the studio. How much will Emma need to invest at 6% today to have enough money in 5 years? B I U Α. =

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