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3. If you invest 24000 each year for 15 years at 9 % interest, at the end of 15 years you will have? 4. if
3. If you invest 24000 each year for 15 years at 9 % interest, at the end of 15 years you will have?
4. if you invest 12000 each year for 17 years at 6 % interest at the end of 7 years you will have?
TABLE 1 Future Value of 1 Periods 4% 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000 1.15000 1.08160 1.10250 1.123601.14490 1.16640 1.18810 1.21000 1.23210 1.25440 1.32250 1.12486 1.15763 1.19102.22504 1.25971 1.29503 1.33100 1.36763 1.40493 1.52088 1.16986 1.21551 1.262481.31080 1.36049 1.41158 1.46410 1.518071.57352 1.74901 1.21665 1.27628 1.338231.40255 1.46933 1.53862 1.61051 1.68506 1.76234 2.01136 1.26532 1.34010 1.41852 .50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.31306 1.31593 1.40710 1.50363 1.60578 1.71382 1.828041.94872 2.07616 2.21068 2.66002 1.36857 1.47746 1.593851.718191.85093 1.99256 2.14359 2.30454 2.47596 3.05902 1.42331 1.55133 1.689481.83846 1.99900 2.17189 2.35795 2.55803 2.77308 3.51788 1.48024 1.628891.790851.96715 2.15892 2.36736 2.59374 2.83942 3.10585 4.04556 1.53945 1.71034 1.898302.10485 2.33164 2.58043 2.85312 3.151763.47855 4.65239 1.60103 1.79586 2.01220 2.252192.51817 2.81267 3.13843 3.49845 3.89598 5.35025 1.665071.88565 2.132932.40985 2.71962 3.06581 3.45227 3.883284.36349 6.15279 1.73168 1.97993 2.26090 2.57853 2.93719 3.34173 3.79750 4.31044 4.887117.07571 1.80094 2.078932.396562.75903 3.17217 3.64248 4.177254.78459 5.47357 8.13706 1.87298 2.182872.54035 2.95216 3.425943.97031 4.59497 5.31089 6.13039 9.35762 1.94790 2.29202 2.69277 3.15882 3.70002 4.32763 5.05447 5.89509 6.86604 10.76126 2.02582 2.40662 2.85434 3.37993 3.99602 4.71712 5.559926.54355 7.68997 12.37545 2.10685 2.52695 3.02560 3.61653 4.31570 5.14166 6.11591 7.26334 8.61276 14.23177 2.19112 2.65330 3.207143.86968 4.66096 5.60441 6.72750 8.06231 9.64629 16.36654 5% 6% 790 8% 9% 10% 11% 12% 15% 4 12 13 15 17 18 20Step by Step Solution
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