1. Suppose you invest a sum of $5,000 in an interest-bearing account at the rate of 12% per year. 2. How much would you need to invest now to be able to withdraw $13,000 at the end of every year 3. Assume that you want to have $170,000 saved seven years from now. If you can invest your 4. Your aunt Beckie plans to give you $1,500 at the end of every year for the next ten years. If you What will the investment be worth six vears from now for the next 20 years? Assume an 8% interest rate. funds at a 10% interest rate, how much do you currently need to invest? invest each of her yearly gifts at a 14% interest rate, how much will they be worth at the end of the ten-year period? 5. Suppose you want to buy a small cabin in the mountains four years from now. You estimate that the property will cost $51,000 at that time. How much money do you need to invest each year in an interest-bearing account at the rate of 8% per year to accumulate the purchase price? Print Done Reference Future Value of Annuity of $1 Periods 20% 1.000 2.200 3.122 3.1533.184 3.246 3.310 3.3743.440 3.506 3.572 3.640 5.368 7.442 9.930 9.487 10.089 10.730 11.414 12.1422.916 9.8970.63711.436 12.300 13.23314.240 5327 16.499 12% 1.000 14% 1.000 2.140 1.000 2.010 1.000 2.030 3.030 3.0603.091 1.000 2.020 1.000 2.040 1.000 2.050 1.000 2.060 1.000 2.080 1.000 2.100 1.000 1.000 4.060 5.101 4.246 5.416 6.633 7.898 9.214 4.310 5.526 6.802 4.375 5.637 6.975 8.394 4.506 5.867 7.336 8.923 4.641 4.779 6.353 4.921 6.610 8.536 5.066 5.215 5.204 6.308 7.434 8.583 9.7550.15910.583 11.027 11491 2.48813.579 14.776 16.085 7.51919.086 20.799 5.309 6.468 7.662 7.716 9.442 7.214 8.286 9.369 9.549 10.462 0.950 11.464 12.006 12.57813.18114.487 15.937 17.549 19.33721.32123.521 25.959 1156712.1692.808 13.486 4.207 14.972 16.645 18.53120.655 23.045 25.73328.755 32.150 2.68313.412 14.192 15.02615.917 16.870 897721.384 24.133 27.27130.850 34.931 39.58 3.80914.680 15.618 16.627 7.713 18.882 21.495 24.52328.029 32.089 36.78642.219 48.497 4.9475.9747.086 18.29219.59921.015 24.215 27.97532.39337.581 43.672 50.81859.196 6.09717.293 18.599 20.024 21.57923.276 27.152 31.77237.28043.842 51.660 60.965 72.035 13 14 15 20 25 30 40 22.01924.29726.870 29.778 33.06636.786 45.762 57.275 72.052 91.025115.380 146.628 186.688 28.24332.03036.459 41.646 47.727 54.865 73.106 98.347 133.334 181.871249.214 342.603 471.98 34.785 40.568 47.575 56.085 66.439 79058 113.283 164.494 241.333 356.787530.312790.948 1,181.882 48.886 60.40275.401 95.026 120.800 154.762 259.057442.593 767.091 1,342.025 2,360.757 4,163.213 7,343.858 8 025 11122 23456 78 700 195 750 35 24 1 200 sse 197 STA 193 ese 23345 678 10 11 8% 180 360 eas 999 7 419 6-1 1-1 1 1 1 2 22334 55679 19 40 85 sys 220 013 400 201 198 ras ASL $50 BBL 4% 140 300 400 999 $25 195 202 ess 250 233 44567 13 416 1 2 135 81471 rsi 5%-980 195 250 360 400 997 193 125 999 150 32 sis 7 997 112 001 9 741 90989 82369 723 %e 29 801 22 345 4 5011 .2 .2 56 99 23 5 234 3 4455 1112 82 04 26 49 72 95 19 43 11122 56 0 0 0 0 0 0 00001 11111 2234 12345 67891 12345 20 25 30 40 1 Present Value of Annuity of $1 Periods | 1% | 2% | 3% | 4% | 5% | 6% | 8% | 10% | 12% | 14% | 16% | 18% | 20% 10.990 0.980 0.9710.962 0.9520.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 1.970 1.942 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.6051.5661.528 3 2.9412.8842.8292.775 2.723 2.673 2.577 2.487 2.402 2.322 2.246 2.1742.106 4 3.902 3.808 3.717 3.630 3.546 | 3.465 3.312 3.1703.0372.9142.7982.690 2.589 5 4.8534.713 4.5804.4524.329 4.212 3.993 3.7913.605 3.433 3.2743.127 2.991 6 5.7955.601 5.417 5.242 5.076 4.917 4.623 4.355 4.111 3.8893.685 3.498 3.326 7 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.2884.039 3.8123.605 8 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 9 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.3284.946 4.6074.3034.031 10 9.471 8.9838.530 8.111 7.722 7.360 6.710 6.145 5.650 5.216 4.8334.4944.192 11 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 5.029 4.6564.327 12 11.255 10.575 9.9549.3858.8638.3847.536 6.8146.1945.660 5.1974.793 4.439 13 12.134 11.348 10.635 9.986 9.3948.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 14 13.004 12.106 11.296 10.563 9.899 9.295 8.2447.367 6.628 6.002 5.468 5.008 4.611 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 6.142 5.575 5.092 4.675 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.4696.623 5.9295.353 4.870 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.0777.843 6.873 6.097 5.467 4.948 30 25.808 22.396 19.600 17.292 15.372 13.765 11.2589.4278.055 7.003 6.177 5.517 4.979 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.7798.244 7.105 6.233 5.548 4.997 Future Value of Annuity of $1 Periods 1.000 2.200 5.368 9.930 8.142 8.3948.923 9.487 10.0890.730 11.414 12.142 12.916 0.63711.436 12.300 13.233 14.240 15.327 16.499 10.15910.583 11.027 11.49112.488 13.579 14.77616.085 17.519 19.08620.799 10.462 10.950 11.464 12.006 12.578 13.18114.487 15.937 17.549 19.33721.32123.521 25.959 11.567 12.16912.808 13.486 14.20714.972 6.645 18.531 20.655 23.045 25.733 28.755 32.150 2.683 13.412 14.192 15.0265.917 16.870 8.97721.384 24.133 27.271 30.850 34.93139.581 3.80914.680 15.618 16.6277.713 18.882 21.495 24.523 28.029 32.089 36.786 42.21948.497 4.9475.97417.086 18.292 19.59921.015 24.215 27.975 32.39337.581 43.672 50.818 59.196 6.09717.293 18.599 20.024 21.579 23.276 27.152 31.77237.280 43.842 51.66060.965 72.035 0 2 22.019 24.297 26.870 29.77833.066 36.786 45.76257.275 72.052 91.025115.380 146.628 186.688 28.24332.030 36.459 41.646 47.72754.865 73.106 98.347 133.334181.871 249.214 342.603471.98 3 34.785 40.56847.575 56.085 66.439 79.058113.283 164.494 241.333 356.787 530.312790.948 1,181.882 48.88660.40275.401 95.026 120.800 154.762 259.057 442.593767.091 1,342.025 2,360.757 4,163.213 7,343.858