all the same for each question
Bill O'Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He has just received a $22,000 inheritance from an uncle and intends to invest it for the trip. Bill estimates the trip will cost $27,500 and he believes he can earn 7% interest, compounded annually, on his investment. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Complete the following table to calculate the future value. Will he be able to pay for the trip with the accumulated investment amount? (Round your final answers to nearest whole dollar amount.) Table or calculator function: Present Value: n = = Future Value: Will he be able to pay for the trip? : Bill O'Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He has just received a $24,000 inheritance from an uncle and intends to invest it for the trip. Bill estimates the trip will cost $32,160. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What interest rate, compounded annually, must Bill earn to accumulate enough to pay for the trip? (Round your final answers to nearest whole dollar amount.) Solve for i Present Value: n = Future Value John has an investment opportunity that promises to pay him $16,543 in four years. Suppose the opportunity requires John to invest $13,610 today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What is the interest rate John would earn on this investment? (Round your final answers to nearest whole dollar amount.) Solve for i Present Value: n = i = Future Value: Leslie McCormack is in the spring quarter of her freshman year of college. She and her friends already are planning a trip to Europe after graduation in a little over three years. Leslie would like to contribute to a savings account over the next three years in order to accumulate enough money to take the trip. Assume an interest rate of 18%, compounded quarterly. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) How much will she accumulate in three years by depositing $700 at the end of each of the next 12 quarters, beginning three months from now? (Round your final answers to nearest whole dollar amount.) Table or calculator function: Payment: n = i = Future Value: TABLE 4 Present Value of an Ordinary Annuity of $1 PVA - 9.0% i 1.04 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.03 1 0.99010 0.98522 0.98039 0.97561 0.97087 0.96618 0.96154 0.95694 0.95238 0.94787 0.94340 2. 1.97040 1.95588 1.94156 1.92742 1.91347 1.89960 1.88609 1.87267 1.85941 1.84632 1.83339 3 2.94099 2.91220 2.88388 2.85602 282861 280164 2.77509 2.74896 2.72325 2.69793 2.67301 4 3.90197 3.85438 3.80773 3.76197 3.71710 3.67308 3.62990 3.58753 3.54595 3.50515 3.46511 5 4.85343 4.78264 4.71346 4.64583 4.57971 4.51505 4.45182 4.38998 4.32948 4.27028 4.21236 7.01 8.09 10.0% 11.0% 12.0% 20.0% 0.93458 0.92593 0.91743 0.90909 0.00090 0.09286 0.83333 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.52778 262432 257710 25129 2.48685 2.44371 2.40183 2.10648 3.38721 3.31213 3.23972 3.16987 3.10245 3.03735 2.58873 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 2.99061 6 5.79548 5.69719 5.60143 5.50813 5.41719 5.32855524214 5.157875.07569 4.99553 4.91732 7 6.72810 6.59821 647199 6.34039 6.23028 6.11454 6.00205 5.89270 5.786375.68297 5.58238 87.65168 7485937.32548 7.17014701969 6.87396 6.73274 6.59509 6.463216.33457 6.20079 98.56602 8.36052 8.16224 7.07087 7.78611 760760 7.43533 7.26879 7.10782 6,95220 6.80169 10 9.47130 0.22218 8.98250 8.75206 8.53020 8.31661 8.11090 7.91272 7.72173 753763 7.36000 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.32551 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 3.60459 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 3.83716 6.51523 6.24689 5.99525 5.75002 5.53705 5.32825 4.03097 7.02358 6.71008 641766 6.14457 5.88923 5.65022 4.19247 11 10.36763 10.07112 9.786859.51421 0.25 629.001558.76048 8.52892 8.30641 8.09254 7.88687 12 11.25508 10.00751 10.57534 10.25776 0.054009.56333 938507 0.11858 8.863258.61852 8.38384 13 12.13374 11.73153 11.34837 10.98319 10.63496 10.30274 9.98565 9.68285 0.39357 9.11708 8.85268 14 13.00370 12.54338 12.10625 11.69091 11,29607 10.92052 10.56312 10.22283 9.89864 9.58965 9.29498 15 13.86505 13.34323 12.84926 12.38138 11.93794 11.51741 11.11839 10.73955 10.37966 10.03758 9.71225 7.49867 7.13096 6.80519 6.49506 6.20652 5.93770 4.32706 7.94260 7508 7.16073 6.81369 6.49236 6.19437 4.43922 8.35765 7.90378 748690 7.10336 6,74987 6.42355 4.53268 8.74547 8.24424 7.78615 7.36669 6.99187 6.62817 4.61057 9.10791 8.55948 8.06069 7.60608 7.19087 6.81086 4.67547 16 14.71787 14.13126 13.57771 13.05500 12.56110 12.09412 11.85230 11.23402 10.83777 1046216 10.10500 9.446658.85137 8.31256 7.82371 7.37916 6,07399 4.72956 17 15.56225 14.90765 14.29187 13.71220 13.16612 12.65132 12.16567 11.70719 11.27407 10.86461 10.47726 0.76322 9.12164 8.54363 8.02155 7.54879 7.11963 4.77463 18 16.30827 15.67256 14.99203 14.35336 12.75351 13.18968 1265930 12.15999 11.68950 11.24607 10.82760 10.05909 9.37189 8.75563 8 20141 7.70162 7.24967 4,81219 19 17.22601 16.42617 15.67846 14.97889 14.32380 13.70984 13.13394 12.59329 12.06532 11.60765 11.15812 10.33560 9.60360 8.95011 8.36492 7.839297.36678 4.84350 20 18.04555 17.16864 16.35143 15.58916 14.87747 14 21240 13.59033 13.00794 12.46221 11.95038 11 40992 10.59401 0.81815 9.12855 8.51356 7.96333 746044 4.86058 21 18.85698 17.00014 17.01121 16.18455 15.41502 14.69797 14.02916 13.40472 1282115 12.27524 11.76408 10.83553 10.01680 9.29224 8.64860 8.07507 7.56200 4.80132 25 22.02316 20.71961 19.52346 18.42438 17.41315 16.48151 15.62208 14.82821 14.09394 13.41393 12.78336 11.65358 10.67478 0.82258 9.07704 8.42174 7.94314 4.04750 30 25.80771 24.01584 22.39646 20.93029 10.60044 18.39205 17.29203 16.28889 15.37245 14.53375 13.76483 12.40904 1125778 10.27365 0.42001 8.80370 8.05518 4.07804 40 32.83460 29.91585 27.35548 25.10278 23.11477 21.35507 19.79277 18.40158 17.15900 1604612 15.04630 13.33171 11.92461 10.75736 9.77905 8.05105 8.24378 4.90660 5.0 5.5 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% TABLE 5 Future Value of an Annuity Due of $1 FVAD - 1 + 1- 4x01 + nil 1.0 1.5% 2.0% 2.5% 3.0% 3.5% 4.09 1.0100 1.0150 1.0200 1.0250 1.0300 1.0350 1.0400 2 2.0301 20452 2.0604 2.0756 2.0909 21062 2.1216 3 3.0604 3.0909 3.1216 3.1525 3.1836 3.2149 3.2465 4 4.1010 4.1523 4.2040 4.2563 4.30914.3625 4.4163 5 5.1520 5.2296 5.3081 5.3877 5.4684 5.5502 5.6330 4.5% 1.0450 2.1370 3.27R2 4.4707 5.7160 1.0500 2.1525 3.3101 4.5256 5.8019 1.050 2 1600 3.3423 4.5811 5.8881 1.0600 10700 2.1836 2.2149 3.3746 3.4990 4.6371 4.7507 5.9753 6.1533 1.0800 2.2464 3.5061 4.8666 6.3350 1.0000 2.2781 3.5731 4.9847 6.5233 1.1000 2.3100 3.6410 5.1051 6.7156 1.1100 2.3421 3.7097 5.2278 6.9129 1.1200 2.3744 3.7793 5.3528 7.1152 20.0% 1.2000 26400 4.3680 6.4416 8.9299 6.21356.3230 6.4343 6.5474 666256.770446.8083 7,0192 7.1420 7.260 7.3938 76540 7.9228 8.2004 8.4872 8.7833 9.0890 11.9150 7 7.2857 7.4328 7.5830 7.7361 7.0923 80517 8.2142 8.3800 8.5401 8.7216 8.8975 9.2598 9.6366 10.0285 10.4359 10.8594 11.2997 15.0991 88.3605 8.5503 8.750 8.0545 0.1591 0.3685 9.5828 9.8021 10.0264 10.2563 10.4913 10.0780 11.4876 12.0210 12.5795 13.1640 13.7757 19.7989 99.4622 9.7027 0.0497 10.2034 10.4639 10.7314 11.0061 11.2882 11.5779 11.8754 12.1808 128164 13.4866 14.1929 14.9374 15.7220 16.5487 24.9507 10 10.5668 10.8633 11.1687 11.4835 11.8078 12 1420 12.4864 12.8412 13.206 12.5835 13.9716 14.7836 15.645516.5603 175312 0.5614 19.6546 31.1504 11 11.6025 12.0412 124121 12.7956 13.1920 13.6020 14.0250 14.46.40 14.0171 15.3056 15.609 16.8085 17.0771 10.1007 20.3143 21.7132231331 38.5805 12 12.8093 13.28 13.6803 14.1404 14.6178 15.1130 15.6268 16.1500 16.7130 17.2868 17.8821 19.1106 20.4953 21.0534 23.5227 25.2116 27.0291 47.4966 13 13.0474 14.4504 14.0739 15.5190 16.0063 166770 17.2919 17.9321 18.5986 19.2926 20.0151 215505 23.2140 25.0192 26.9750 29.0949 31.3926 58.1959 14 15.000 15.6621 16.2034 16,0319 17.5000 18.2057 10.0236 10.7841 20.5706 21.4087 22 2760 24.1200 26.152128.3600 30.7725 33.4054 1.2797 71.0351 15 16.2579 16.9324 176393 10.2002 19.1560 10.0710 20.6245 21.7193 22.575 23.4411 24.6725 26.6881 29.243 32.0034 34.0407 30.1809 41.7533 36.4421 16 17.4304 18.2014 19.0121 10.0647 20.7616 21.7050 22.607523.7417 24.840425.096427 2129 29.540232.750235.9737 30.5442 13.500847.1037 104.9305 17 10.6147 10.4894 20.4123 21.3863 224144 23.4997 24.6454 25.551 27.1324 28.401229.9057 32.909036.4502 40.301744.599249.3050 54.7407 127.1167 18 19.8109 20.7967 21.8406 22.0460 24.1160 25.3572 26.6712 20.0636 29.5390 31.1027 327600 36.3790 40.4463 45.0105 50.1501 55.939562.4397 1537400 35.7856 39.0955 19 21.0190 22.1237 23.2074 24.5147 25.8704 27.2797 28.7781 30.371432.06033.8603 44.7620 50.1601 56.2750 63 2028 71.0524 185 6850 20 22.2392 23.4705 24.7833 26.1833 27.6765 29.2695 30.9692 32.7831 34.7193 36.7861 38.0027 43.8652 49.4220 55.7645 63.0025 71.265180.60822240256 21 23.4716 24.8376 24 2900 27.8629 29.5368 31.3289 33.2480 35.3034 37 5052 30.8643 42.3923 48.0057 54.4568 61.8733 70.4027 80.2143 91.5026 270.0307 25 20.5256 30.5140 32.6700 35.0117 37.5530 40.3131 43.3117 46.5705 50.113553.9660 58.1564 67.6765 78.9544 92.3240 108.1818 126.9988 149.3339 566,3773 30 35.1327 30.1018 41.374 45.0003 49.0027 53.4295 58.328363.7524 69.7600 76.4194 83.8017 101.0730 122.3459 148.5752 100.9434 220.9132 270.2926 1418.2579 40 40.3752 55.0810 61.6100 69.0876 77.6633 87.5095 98.8265 111.8467 126.8398 144.1189 1640477 213.609 279.7810 368.2010 486.8518 645.8260 850.1424 88126204 TABLE 6 Present Value of an Annuity Due of $1 PVAD - 100x 41 +1 n/l 1.096 1.5% 2.0% 2.5% 3.04 3.5% 4.0% 4.5% 1 1.00000 100000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2. 1.99010 1.98522 1.98039 1.97561 1.97087 1.96618 1.96154 1.05694 3 2.97040 2.95588 2.94156 2.92742 2.91347 2.89989 2.886092.87267 4 3.94090 3.91220 3.88388 3.85602 3.82861 3.80164 3.77509 3.74896 5 4.90107 4.85438 4.80773 4.76197 4.71710 4.67308 4.62990 4.58753 5.0% 5.5% 6.09% 7.0% 8.0% 9.0% 11.0% 12.0% 20.0% 1.00000 100000 100000 1.00000 1.00000 1.00000 1.00000 1.00000 100000 1.00000 1.95239 1.94787 1.94340 1.93458 1.92593 1.91743 1.90909 1.00090 1.89286 1.83333 2.85041 2.84632 2.83309 2.90802 2.78326 2.75911 2.73554 2.71252 2.69005 2.52778 3.72325 3.69793 3.67301 3.62432 3.57710 3.53129 3.40685 3.44371 3.40183 3.10648 4.54595 4.50515 4.46511 4.39721 4.31213 4.23972 4.16987 4.10245 4.03735 3.58873 6 5.85343 5.78264 5.71346 5.64583 5.57971 5.51505 5.45182 5.38998 5.32948 527020 5.21236 5.100204.99271 4.69965 4.79079 4.60590 4.60478 3.99061 7 6.79548 6.60710 6.60143 6.50813 6.41719 6.32855 6.24214 6.15787 6,07560 5.90553 5.91732 5.76654 5.42208 5.40592 5.35526 5.23054 5.11141 4.12551 8 772810 7.50821 747199 734030 7.23028 7.11454 7.00205 6.89270 6.78637 668297 456238 6.789206 20637 6.03295 5.86042 5.71220 5.56376 4.50459 8.65168 8.485038.32548 8.17014 8.01969 7.87396 7.73274 7.59589 7.46321 733457 720979 697130 6.74654 6.53482 6.33493 6.14612 5.96764 4.83716 10 0.56602 0.360529.16224 8.97087 8.78611 8.607698.43533 8.26879 8.10782 7.95220 7.80160 7.51523 7.24689 6.99525 6.75002 6.53705 6.32825 5.03097 11 10.47130 10 22218 0.00259 0.75206 9.53020 9.31661 9.11090 8.91272 8.72173 8.53763 8.360098.023587.71008 7.41766 7.14457 6.88923 6.65022 5.19247 12 11.36763 11.07112 10.78685 10.51421 10.25262 10.00155 9.76048 9.52892 9.30641 9.09254 8.88687 8.49867 8.13096 7.80519 7.49506 7.20652 6.93770 5.32706 13 12 25508 11.90751 11.57534 11.25776 10.95400 10.86333 10.38507 10.11858 9.86325 9.61852 9.38.384 8.04260 8.536000.16073 7.81360 7.49236 7.19437 5.43922 14 13.13374 12.73153 123407 11.08318 11.63496 11.30274 10.08565 10.60285 10.30357 10.11708 0.05268 0.357658.90978 8.48090 8.10336 7.74087 7.42355 5.53268 15 14.00370 13.54338 137061260091 12.29607 11.02052 11.56312 11.22283 10.89864 10.58985 10.20098 0.74547 0.24424 8.70615 2.36660 7.90187 7.62817 5.61057 16 14.86505 14.34323 13.847 13.38138 12.93794 12.51741 12.11839 11.73955 11.37966 11.03758 10.71225 10.10791 0.55048 0.060698.60608 8.19087 7.81086 5.67547 17 15.71787 15.13126 14.5777 14.05500 13.56110 13.09412 12.65230 12 23402 11.83777 11.46216 11.10590 10.44665 0.85137 0.31256 8.82371 8.37916 7.97309 572056 18 16.56225 15.90765 15.20187 14.71220 14.16612 13.65132 13.16567 12.70719 12.27407 11.86461 11.47726 10.76322 10.12164 0.54363 0.02155 8.54870 8.11963 577463 19 17.39827 16.67256 15.99203 15.35336 14.75351 14.18968 13.65930 13.15999 12.68959 12.24607 11.82760 11.05009 10.37189 0.75563 9.20141 8.70162 0.21967 5.81219 20 18.22601 17.42617 16.67346 15.97889 15.32380 14.70984 14.13394 13.59329 13.08532 12.60765 12.15812 11.33560 10.60360 9.95011 9.36492 8.83929 8.34578 5.84350 21 19.04555 18.16064 17.35143 16.58916 15.87747 15.21240 14.59033 14.00794 13.46221 12.95030 12.46992 11.50401 10.81015 10.120559.51356 1.96333 4044 5.06950 25 22.24339 21.03041 19.91303 18.88499 17.93554 17.05837 16.24696 15.49543 14.79664 14.15170 13.55036 1246933 11.52876 10.70661 0.00474 0.34614 0.71432 5.93710 30 26.06579 24.37608 22.14438 21.45355 20.10845 19.03577 17.98371 17.02189 16.14107 15.33310 14.50072 13.27767 12.15041 11.100281056061 9.65011 9.02181 5.97472 40 33.16303 30458 27.00250 25.73034 23.80022 22.10250 20.50443 10.22966 10.01704 16.02066 15.04007 14 26403 12.07050 11.72552 10.75606 0.035.67 0.23301 5.00502 If thiele wur first time Inoping in to the course review the Svilabus. To get TABLE 1 Future Value of $1 FV = $1 (1 + i) II 1.0% 1.5% 2.0% 3.0% 3.5% 4.0, 4.5% 5.0% 5.59 6,0% 7.0% 8.0 9.01 10.0% 11.09 12.0% 20.0% 1 1.01000 1.01500 1.02000 1.02500 1.03000 1.03500 1.04000 1.04500 105000 105500 106000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000 1.20000 2 1.02010 1.03022 1.04040 1,05063 1.06090 1.07123 1.06160 1,09203 1.10250 1.11303 1.12360 1.14490 1.16640 1.18810 1.21000 1.23210 1.25440 1.44000 31.03030 1.04568 1.06121 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 1.19102 1.22504 1.25071 1.20503 1.33100 1.36763 1.40493 1.72800 4 1.04060 1.06136 1.08243 1.10381 1.12551 1.14752 1.16986 1.19252 1.21551 1.23882 1.26248 1.31000 1.36049 1.41158 1.46410 1.51807 1.57352 207360 5 1.05101 1.07728 1.10408 1.13141 1.15927 1.18760 1.21665 1.24618 1.27623 1.30696 1.33823 1.40255 1.46933 1.53862 1.61051 1.68506 1.76234 2.48832 61.06152 1.09344 1.12616 1.15960 1.19405 1.22926 126532 1.30226 1.34010 1.37894 141852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.99599 7 1.07214 1.10984 1.14869 1.18860 1.22097 1.27228 1.31593 1.36036 1.40710 1.45468 1.50363 1.60578 1.71312 1.82004 1.04872 2.07616 2.21068 3.58318 8 1.08206 1.12649 1.17166 1.21840 1.26677 1.31681 1.36057 142210 1.47746 1.53460150385 1.71819 1.85093 1.99256 2.14350 230454 2.47596 4.29982 1.09360 1.14339 1.19509 1.24886 1.30477 1.36290 1.42331 1.49610 1.55133 1.61909 168048 1.83846 1.99900 2.17189 2.35795 255804 277308 5.15978 10 1.10462 1.16054 1.21999 1.28008 1.34392 1.41060 1.48024 1.55297 1.62880 1.70814 1.79085 1.96715 2.15892 2.36736 2.59374 2839423.10585 6.19174 11 1.11567 1.17705 1.24337 1.31209 1.38423 1.45097 1.53045 1.62285 1.71034 1.80209 189830 2.10485 2.33164 258043 2.85312 3.15176 3.47855 7.43008 12 1.12683 1.19562 1.26824 1.34409 1.42576 1.51107 1.60103 1.69588 1.79586 1.90121201220 2.25219 2.51017 231266 2.13843 3.49045 3.89598 8.91610 13 1.13000 1.21355 1.29361 1.37051 146053 1.56396 1.66507 1.77220 1.89565 2.00577 2.13293 2.400052.71062 3.06580 3.45227 3.88328 4.36349 10.69932 14 1.14047 1.23176 1.31948 1.41297 151250 1.61860 1.73168 1.85104 1.97993 211609 226090 2.57853 2.93719 3.34173 3.79750 4.310444.88711 12,83918 15 116007 1.25023 1.34587 1.44830 1.55797 1.67535 1.80094 193528 2.07993 223248 239656 2.75003 3.17217354248 4.17725 4.78459 5.47357 15.40702 16 1.17258 1.26899 1.37279 1.48451 1.60471 1.73399 1.87298 202237 2.18287 2.35526 254035 2.95216 3.42594 397031 4.59497 5.31089 6.13039 18.48843 17 1.18430 1.28802 1.40024 1.52162 1.65285 1.79468 1.94790 2.113.38 2.29202 248480 2.69277 3.15882 3.70002 4.32763 5.05447 5.89509 6.36604 22.18611 18 1.19615 1.30734 1.42825 1.55966 1.70243 1.85740202502 220148 2.40662 262147 2.85434 3.37993 3.99602 4.71712 5.55992 6.54355 7 68997 26.62333 19 1.20811 1.32605 1.45661 1.59865 1.75351 1.92250 2.10605 2.30786 2.52605 2.76565 3.02560 361653 4.31570 5.14166 8.11591 7.26334 3.61276 31.94800 20 1.22019 1.34606 1.40595 169862 1.80611 1.99979 2.19112 241171 2.65330 2.01776320714 3.88968 466096 560441 6.72750 3.06231 9.64629 38.33760 21 1.23239 1.36706 1.51567 1.67958 1.86029 2.05043 2.27877 2.52024 2.78596 3.07823 3.39956 4.14056 5.03383 6.10881 740025 8.94917 10.80385 16.00512 25 1.28243 1.45095 1.64061 1.85394 209378 2.36324 2.66584 3.00543 3.38635 3.81330 4.29187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 95 39622 30 1.34785 156308 1.81136 2.09757 242726 2.80679 3.24340 3.74532 4.32104 4.98395 5.74349 7.61226 10.06266 13.26768 17.44940 22.89230 20.95992237.37631 401.48886 1.81402 2.20804 2.68506 3.26204 3.95926 4.80102 5.81636 7.03990 8.51331 10.28572 14.97446 21.72452 31.40942 45.25926 65.00087 03.05097 1469.77160 20.0% 1.096 2.0% 2.5% 3.04 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 10.0% 11.09 12.0% 10.99010 0.98522 0.98099 0.97561 0.97087 0.96618 0.96154 0.95604 0.95238 0.94787 0.94340 0.93458 0.92593 0.91743 0.00009 0.00090 0.89286 20.98030 0.97066 096117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90703 0.99845 0.89000 0.87344 0.85734 0.84168 0.92645 0.81162 0.79719 30.97050 0.05632 0.94232 0.92860 0.91514 0.90194 0.88900 0.876.30 0.86384 0.85161 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 40.96000 0.04218 0.92385 0.00595 0.88849 0.87144 0.85480 0.83156 0.82270 0.807220.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 50.05147 0.92926 0.00573 0.10385 0.86261 0.84197 0.82193 0.80245 0.78353 0.76513 0.74726 0.71299 068058 0.64093 062092 0.59345 0.56743 0.83333 0.69446 0.57870 0.48225 0.40189 0.33490 0.27903 0.23257 0.19381 0.16151 0.13459 0.11216 0.09346 0.07789 0.06491 6 0.04205 0.01454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70196 0.66634 063017 0.59627 0.56447 0.53454 050663 7 0.93272 0.00103 0.87056 0.84127 0.81309 0.78599 0.75092 073483 0.71068 0.68744 0.66506 062275 058349 054703 0.51216 0.48166 0.45215 B 0.02348 0.88771 0.05349 0.82075 0.78941 0.75041 0.73069 0.70319 0.67684 0.651600.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 9 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 0.64461 0.61763 0.59190 054393 0.50025 0.46043 042410 0.19092 0.36061 10 0.90529 0.86167 0.82035 0.70120 0.74409 0.70092 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 11 0.09632 0.34893 0.80426 0.76214 0.72242 0.68405 0.64058 061620 0.58468 0.55401 0.52679 0.47500042388 0.38753 035040031728 0.20740 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 0.52598 0.40607 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.63940 0.60057 0.56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 028956 0.25751 0.22917 14 0.8600 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.59997 0.50507 0.47257 0.44230 0.387820.540160.20025 0.263330.23199 0.20462 15 0.85135 0.70085 0.74301 0.69047 0.64186 0.59689 0.55526 0.51872 0.48102 0.44793 0.41727 0.36245 0.31524 0.27454 02393 0.20900 0.18270 16 0.85282 0.78003 0.72845 0.67362 0.62317 0.57671 0.53391 049447 0.45811 0.42458 0.39365 0.33873 0.29180 0.25187 021763 0.18029 0.16312 17 0.84438 0.77630 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.47630 0.40245 0.37136 0.31657 0.27027 0.23107 0.19784 0.16063 0.14564 18 0.83602 0.76401 0.70016 0.64117 0.58739 0.53836 0.49363 045280 041552 0.38147 0.35034 0.29586 0.25025 0.21190 0.17986 0.15282 0.13004 19 0.82774 0.75361 068643 0.6255) 0.57029 0.52016 0.47464 043300 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 20 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 041464 0.37689 0.34273 0.31180 0.25042 021455 0.17843 0.14864 0.12403 0.10367 21 0.01143 073150 0.65978 0.50539 0.53755 0.48557 0.43883 0.39670 0.35004 0.32406 0.20416 0.24151 0.10866 0.16370 0.13513 0.11174 0.00256 24 078757 0.0054 0.62172 0.55280 0.40193 0.40796 0.30012 0.34770 0.31007 0 27656 024608 0.10715 0.15770 0.12640 0.10153 0.081700065 25 0.77977 0.60921 0.60953 0.53030 047761 0.42315 0.37512 0.33273 0.29530 0.26223 0.23100 0.18425 0.14602 0.11597 0.00230 0.07351 0.05082 28 0.75684 0.65010 0.57437 0.50088 0.43708 0.30165 0.33348 0.29157 0.25509 022332 0.19563 0.15040 0.11591 0.00055 0.00034 0.05382 0.04187 29 0.74934 0.44936 0.56311 0.48866 042005 0.46875 0.32065 0.27902 0.24295 021168 0.18456 0.14056 0.10733 0.00215 0.06304 0.04840 0.00738 30 0.74192 0.63076 0.55207 0.47674 041190 0.35628 0.30832 0.26700 0.27138 0.20064 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 31 073450 0.63001 0.54125 0.46511 0.19999 0.34423 0.29546 0.25550 0.22036 0.19018 0.16425 0.12277 0.09202 0.06915 0.05210 0.03935 0.02980 40 0.67165 0.55126 0.45200 0.37243 0.30556 0.25257 0.20929 0.17193 0.14205 0.11746 0.09722 0.066780.04603 0.00114 0.02200 0.0158 0.01075 0.05409 0.04507 0.03756 0.00120 0.0208 0.02174 0.01258 0.01040 0.00607 0.00506 0.00421 0.00351 0.00060 TABLE 3 Future Value of an Ordinary Annuity of $1 FVA - "+1- n/ 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4096 4.5% 5.0% 5.5% 6.0% 7.0% 3.0 9.09 10.06 11.0% 12.0% 20.0% 1 1.0000 1.0000 10000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 2 2.0100 20150 2.0200 2.0250 2.0300 20350 2.0400 2.0450 2.0500 2.0550 2.0600 2.0700 2.0000 20900 2.1000 2.1100 2.1200 2.2000 3 3.0301 3.0452 3.0604 3.0756 3.0909 3.1062 3.1216 3.1370 3.1525 3.1680 3.1836 3.2149 3.2464 3.2781 33100 23421 3.3744 3.6400 4 4.0504 4.0909 4.1216 4.1525 4.1836 42149 4.2465 4.2792 4.3101 4.3423 4.3746 4.4399 4.5061 45731 45410 4.7007 4.7793 5.3680 5 5.1010 5.1523 5.2040 5.2563 53091 5.3625 5.4163 5.4707 5.5256 5.5811 5.6371 5.7507 5.8666 5.08.07 6.1051 6.2278 6.3528 7.4416 6 6.1520 6.2296 6.3081 6.3877 64684 6.5502 6.6330 6.7169 6.8019 6.8881 6.9753 7.1533 7.3350 7.5220 7.7156 7.9129 8.1152 9.9290 7 7.2135 7.323074343 7.5474 766257.7794 7.9983 8.0192 8.1420 8.2669 8.3930 8.6540 8.9228 9.2004 9.4872 9.7833 10.0890 12.0159 B 8.2057 8.43288.5830 8.7361 8.0923 9.0517 9.2142 9.3800 9.5491 2.7216 9.8975 10.2598 10.6366 11.0285 11.4350 11.8594 12.2997 16.4991 9 9.3685 9.55939.7546 9.0545 10.1591 10.3685 10,5828 10.5021 11.0266 11.2563 11.4913 11.9790 12.4876 12.0210 13.5795 14.1640 14.7757 20.7989 10 10.4622 10.7027 10.9407 11.2034 11 4639 11.7314 12.0061 12.2002 12.5779 12.0754 13.1808 13.8164 14.4856 15.1929 15.9374 16.7220 17.5487 25.9587 11 11.5668 11.8633 12.1687 12.4835 12.8078 13.1420 13.4864 13.8412 14.2068 14.5835 14.9716 15.7836 16.6455 17.5603 18.5312 19.5614 20.654 32.1504 12 12.6825 13.0412 13.4121 13.7956 14.1920 14.6020 15.0258 15.4640 15.0171 16.3856 16,8699 17.8889 18.9771 201407 21.1543 227132 21331 39.5805 13 13.8093 14.2368 14.6803 15.1404 15.6178 16.1130 16.6268 17.1590 17.7130 18.2868 18.8821 20.1406 21.4953 22.9534 24.5227 26,2116 28.0291 44966 14 14.9474 15.4504 15.9739 16 5100 170863 17.6770 18.2919 18.9321 19.5086 20.2926 21.0151 22.5505 24.2149 26.0192 27.9750 30.0940 32.3926 59.1959 15 16.000 16.6821 17.2934 17.9319 18.5989 19.2957 20.0236 20.7841 21.5786 22.4087 21.2760 25.1290 27.1521 29.3600317725 34.405437.2797 72.0351 16 17.2570 17.9324 18.6393 19.3802 20:1560 20.0710 21.8245 22.7193 23.6575 24.6411 25.6725 27.8881 30.3243 33.0034 35.9497 39.1699 42.7533 87.4421 17 18.4304 19.2014 20.0121 20.8647 217616 22.7050 23.6975 24.7417 25.0404 26.0964 26.212030.8402 33.7502369737 40.5447 44.5008 48.8837 105.9306 18 19.6147 20.4894 21.4123 22.3863 23.4144 24.4997 25.6454 26.8551 28.1324 29.481230.0057 33.9900 37.450241.3013 45.5992 50.395955.7497 120.1167 19 20.8109 21.7967 22.0406 23.9460 25.1169 26.3572 27.6712 29.0636 30.5290 32.1027 327600 37.3790 41.4463 460185 51.1591 56.9395614397 154.7400 20 22.0190 23.1237 24 2974 25.5647 26 8704 28 2797 29.7781 31.3714 33.000 34.8683 36.7856 40.0055 45.7620 51.1601 57.2750 64.2028 72.0524186.6880 21 23.2392 24.4705 25.7833 27.1833 28.676530.2695 31.9092 33.7801 35.7193 377861 39.9927 44.8652 50.4229 56.7645 64.0025 72.2651 81.6987225.0256 30 34.7840 37.5307 40.5681 43.9027 47 5754 51.6227 56.084961.0071 66.4388 72.4355 79.0582 04.4608 113.2832 136 3075 164.4940 199.0209 241.3327 1181.8816 40 480064 54.2679 60.4020 67.4026 75 4013 84.5503 05.0255 107.0300 120.7998 136.6056 154.7620 199.6351 250.0565 337.8824 442.5026 581.8261 767.0914 7343.8578
