Using table A.1, calculate the following future values: 1. $10 000 invested at 8% for 5 years,
Question:
Using table A.1, calculate the following future values:
1. $10 000 invested at 8% for 5 years, compounded yearly
2. $10 000 invested at 8% for 5 years, compounded half-yearly
3. $10 000 invested at 8% for 5 years, compounded quarterly.
Data from in Table A.1
Transcribed Image Text:
Periods 12345 6789 10 11 2345 12 13 14 15 16 17 18 19 20 25 30 2% 1.0200 1.0404 1.0612 1.0824 1.1041 1.1262 1.1487 1.1717 1.1951 1.2190 1.2434 1.2682 1.2936 1.3195 1.3459 1.3728 1.4002 1.4282 1.4568 1.4859 1.6406 1.8114 3% 1.0300 1.0609 1.0927 1.1255 1.1593 1.1941 1.2299 1.2668 1.3048 1.3439 1.3842 1.4258 1.4685 1.5126 1.5580 1.6047 1.6528 1.7024 1.7535 1.8061 2.0938 2.4273 4% 1.0400 1.0815 1.1249 1.1699 1.2167 1.4233 1.4802 1.2653 1.3401 1.3159 1.4071 1.3686 1.4775 1.5395 1.6010 1.6651 1.7317 1.8009 5% 1.8730 1.9479 2.0258 2.1068 2.1911 2.6658 3.2434 1.0500 1.1025 1.1576 1.2155 1.2625 1.2763 1.3382 1.5513 1.6289 1.7103 1.7959 1.8856 1.9799 2.0789 6% 1.0600 1.1236 1.1910 2.1829 2.2920 1.4185 1.5036 1.5938 1.6895 1.7908 1.8983 2.0122 2.1329 2.2609 2.3966 2.5404 2.6928 2.4066 2.8543 2.5270 3.0256 2.6533 3.2071 3.3864 4.2919 4.3219 5.7435 8% 1.0800 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000 3.9960 4.3157 4.6610 6.8485 10.0627 10% 1.1000 1.2100 1.3310 1.4641 1.6105 1.7716 1.9487 2.1436 2.3579 2.5937 2.8531 3.1384 3.4523 3.7975 4.1772 4.5950 5.0545 5.5599 6.1159 6.7275 10.8347 17.4494 12% 1.1200 1.2544 1.4049 1.5735 1.7623 1.9738 2.2107 2.4760 2.7731 3.1058 3.4785 3.8960 4.3635 4.8871 5.4736 6.1304 6.8660 7.6900 8.6128 9.6463 17.0001 29.9599 16% 1.1600 1.3456 1.5609 1.8106 2.1003 2.4364 2.8262 3.2784 3.8030 4.4114 5.1173 5.9360 6.8858 7.9875 9.2655 10.7480 12.4677 14.4625 16.7765 19.4608 40.8742 85.8499 20% 1.2000 1.4400 1.7280 2.0736 2.4883 2.9860 3.5832 4.2998 5.1598 6.1917 7.4301 8.9161 10.6993 12.8392 15.4070 18.4884 22.1861 26.6233 31.9480 38.3376 95.3962 237.3763
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Related Book For
Financial Accounting
ISBN: 9781118608203
9th Edition
Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie
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