ABLE 11-2 Present Value Table (Present Value of $1 at Compound Interest) Periods 1% 2% 3% 4% 5% 6% 7% 8% Periods 1 0.99502 0.99007 0.99010 098030 0.97066 098522 0.98039 096117 098515 0.97059 0.95632 0.94232 0.91514 0.97087 096154 0.94260 0.92456 0.88900 0.94340 0.95238 0.89000 0.90703 0.86384 0.83962 0.93458 0.92593 0.87344 0.85734 0.79383 0.81630 2 3 4 0.98025 0.96098 0.94218 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 4 097537 0.95147 0.92826 090573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 S 6 0.97052 094205 091454 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 6 0.96569 093272 0.90103 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 058349 7 8 0.96089 0.92348 0.88771 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 8 9 095610 091434 0.87459 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50005 9 10 0.95135 0.90529 0.86167 0.82035 0.74409 067556 0.61391 0.55839 0.50835 0.46319 10 11 094661 0.89632 0.84893 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 042888 12 0.94191 0.88745 0.83639 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 13 0.93722 0.87866 0.82403 0.77303 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 14 093256 0.86996 0.81185 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 15 0.92792 0.86135 0.79985 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 031524 16 0.92330 0.85282 0.78803 17 0.91871 0.84438 0.77639 0.71416 0.72845 0.62317 0.60502 0,53391 0.45811 0.39365 0.33873 0.29189 0.51337 043630 0.37136 18 0.91414 0.83602 0.76491 0.70016 0.58739 0.49363 041552 0.35034 0.31657 0.27027 0.29586 0.25025 19 0.90959 082774 0.75361 0.68643 0.57029 047464 0.39573 0.33051 0.27651 0.23171 20 0.90506 0.81954 0.74247 0.67297 0.55368 0.45639 0.37689 031180 0.25842 0.21455 20 #2030 228 12 13 14 15 16 17 18 19 21 0.90056 0.81143 0.73150 0.65978 0.53755 043883 0.35894 0.29416 0.24151 0.19866 21 22 0.89608 0.80340 0.72069 0.64684 0.52189 042196 0.34185 0.27751 0.22571 0.18394 22 23 0.89162 0.79544 0.71004 0.63416 0.50669 040573 0.32557 0.26180 0.21095 0.17032 23 24 0.88719 0.78757 0.69954 0.62172 0.49193 0.39012 0.31007 0.24698 0.19715 0.15770 24 25 0.88277 0.77977 0.68921 0.60953 0.47761 0.37512 0.29530 0.23300 0.18425 0.14602 25 Periods 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% Periods 1 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 1 2 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 2 3 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 065752 0.64066 0.62437 0.60863 3 4 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 057175 0.55229 0.53365 0.51579 4 5 0.64993 0.62092 0.59345 0.56743 0.54276 0.51937 0.49718 0.47611 0.45611 0.43711 5 6 059627 0.56447 0.53464 0.50663 0.48032 0.45559 043233 0.41044 0.38984 0.37043 7 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 8 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 9 0.46043 042410 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 022546 11 92 98 10 042241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 022668 0.20804 0.19106 678910 0.38753 0.35049 031728 0.28748 0.26070 0.23662 0.21494 0.17781 0.19542 12 0.35553 0.31863 0.28584 0.25668 0.23071 0.20756 0.18691 0.16846 13 0.32618 0.28966 0.25751 0.22917 0.20416 0.18207 0.16253 0.14523 14 0.29925 0.26333 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.15197 0.12989 0.11629 0.11102 0.09855 0.16192 0.13722 11 12 15 027454 0.23939 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 16 025187 0.21763 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 BBS 13 14 15 16 17 0.23107 0.19784 0.16963 0.14564 0.12522 0.10780 0.09293 0.08021 0.06932 0.05998 17 18 021199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 005083 18 19 0.19449 0.16351 0.13768 0.11611 0.09806 008295 0.07027 0.05961 0.05064 004308 19 20 0.17843 0.14864 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 20 21 0.16370 0.13513 0.11174 0.09256 0.07680 0.06383 0.05313 0.04430 0.03699 0.03094 21 22 0.15018 0.12285 0.10067 0.08264 0.06796 0.05599 0.04620 003819 001162 000622 22 0.13778 0.11168 0.09069 0.07379 0.06014 0.04911 0.04017 0.03292 0.02700 002222 24 0.12640 0.10153 0.08170 0.06588 0.05323 25 011597 0.09230 0.07361 0.05882 0.04710 0.04308 0.03779 0.03493 0.02838 0.02310 001883 0.03038 0.02447 0.01974 0.01596 25 12. [0/7.69 Points] DETAILS PREVIOUS ANSWERS BRECMBC9 11.11.010.MI. MY NOTES ASK YOUR TEACHER PRACTIC Sonia wants to have $11,000 in 10 years. Use Table 11-2 to calculate how much she should invest now (in $) at 6% interest, compounded semiannually in order to reach this goal. (Roum to the nearest cent.) Enter a number Need Help? Read Watch Master Submit