How much would you have to deposit today if you wanted to have $54,000 in five years? Annual interest rate is 8%. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor (s) from the tables provided. Round your answer to the nearest whole dollar.) Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 7% on your investments, how much would you have to deposit today to have $14,500 when you graduate? (Round your answer to 2 decimal places.) Calculate the future value of an investment of $643 for eleven years earning an interest of 8%. (Round your answers to 2 decimal places.) Would you rather have $643 now or $1,000 eleven years from now?
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