Amber Mining and Milling, Inc., contracted with Truax Corporation to have constructed a custom-made lathe. The machine was completed and ready for use on January 1, 2021. Amber paid for the lathe by issuing a $450,000, three-year note that specified 6% interest, payable annually on December 31 of each year. The cash market price of the lathe was unknown. It was determined by comparison with similar transactions that 12% was a reasonable rate of interest. (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.) Required: 1-a. Complete the below table to prepare the company's journal entry. 1-b. Prepare the journal entry on January 1, 2021, for Truax Corporation's sale of the lathe. Assume Truax spent $250,000 to construct the lathe. 2. Prepare an amortization schedule for the three-year term of the note. 3. Prepare the journal entries to record (a) interest for each of the three years and (b) payment of the note at maturity for Truax. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Req3 Complete the below table to prepare the company's journal entry. (Round final answers to the nearest whole dollar) Table values are based on: 3 12.0% Cash Flow Amount Interest $ 27,000 Principal $ 450,000 Price of equipment $ Present Value 320,301 > 64,849 385,150 $ Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Req 3 Prepare the journal entry on January 1, 2021, for Truax Corporation's sale of the lathe. Assume Truax spent $250,000 to construct the lathe. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollar.) No Date General Journal Credit Debit 450,000 1 January 01, 2021 Notes receivable Sales revenue 385,150 64,850 Discount on notes receivable 250,000 January 01, 2021 Cost of goods sold Inventory 250,000 * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 2 Req 3 Prepare an amortization schedule for the three-year term of the note. (Round intermediate calculations and final answers to the nearest whole dollar.) Cash Payment Effective Interest Increase in Balance Outstanding Balance $ $ $ 1 2 $ L 385,150 404,368 425,892 27,000 27,000 27,000 81,000 46,218 48,524 51,108 145,850 19,218 21,524 24,108 64,850 450,000 Total $ $ $ Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2 Reg 3 Prepare the journal entries to record (a) interest for each of the three years and (b) payment of the note at maturity for Truax. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollar.) No Event Credit 1 General Journal Cash Discount on notes receivable Interest revenue Debit 27,000 19,218 46,218 2 L 2 Cash Notes receivable Interest revenue 27,000 21,524 48,524 3 Cash Discount on notes receivable Interest revenue 27,000 24,108 51,108 450,000 450,000 Cash Notes receivable - TABLE 1 Future Value of $1 FV = $1(1 + i)" 20.0% 1.20000 1.44000 ni 1.0% 1.5% 1 1.01000 1.01500 2 1.02010 1.03022 3 1.03030 1.04568 1.04060 1.06136 5 1.05101 1.07728 2.0% 1.02000 1.04040 1.06121 1.08243 1.10408 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 1.02500 1.03000 1.03500 1.04000 1.04500 1.05000 1.05500 1.05063 1.06090 1.07123 1.08160 1.09203 1.10250 1.11303 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 1.10381 1.12551 114752 1.16986 1.19252 1.21551 1.23882 1.13141 1.15927 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 1.06000 1.12360 1.19102 1.26248 133823 7.0% 8.0% 1.07000 1.08000 1.14490 1.16640 1.22504 1.25971 131080136049 1.40255 1.46933 0.0% 1.09000 1.18810 1.29503 1.41158 1.53862 0.0% 1.10000 1.21000 1.33100 1.46410 1.61051 11.0% 1.11000 1.23210 1.36763 1.51807 1.68506 12.0% 1.12000 1.25440 1.40493 1.57352 1.76234 1.72800 2.07360 2.48832 2.98598 3.58318 6 7 8 9 10 1.06152 1.09344 1.07214 1.10984 1.08286 1.12649 1.09369 1.14339 1.10462 1.16054 1.12616 1.15969 1.14869 1.18869 1.17166 1.21840 1.19509 1.24886 1.21899 1.28008 1.19405 1.22926 1.26532 1.30226 1.22987 1.27228 1.31593 1.36086 1.26677 1.31681 1.36857 1.42210 1.30477 1.36290 1.42331 1.48610 1.34392 1.41060 1.48024 1.55297 1.34010 1.37884 1.41852 1.50073 1.40710 1.45468 1.50363 1.60578 1.47746 1.53469 1.59385 1.71819 1.55133 1.619091.68948 1.83846 1.62889 1.70814 1.790851.96715 1.58687 1.71382 1.85093 1.99900 2.15892 1.67710 1.82804 1.99256 2.17189 2.36736 1.77156 1.87041 1.948722.07616 2.14359 2.30454 2.35795 2.55804 2.59374 2.83942 1.97382 2.21068 2.47596 2.77308 3.10585 4.29982 5.15978 6.19174 7.43008 8.91610 11 12 13 14 15 1.11567 1.17795 1.12683 1.19562 1.13809 121355 1.14947 1.23176 1.16097 1.25023 1.24337 1.31209 1.38423 1.45997 1.53945 1.62285 1.71034 1.802091.89830 1.26824 1.34489 1.42576 1.51107 1.60103 1.69588 1.79586 1.90121 2.01220 1.29361 1.37851 1.46853 1.56396 1.66507 1.77220 1.88565 2.00577 2.13293 1.31948 1.41297 1.51259 1.61869 1.73168 1.85194 1.979932.11609 2.26090 1.34587 1.44830 1.55797 1.67535 1.80094 1.93528 2.07893 2.23248 2.39656 2.10485 2.33164 2.25219 2.51817 2.40985 2.71962 2.57853 2.93719 2.759033.17217 2.58043 2.81266 3.06580 3.34173 3.64248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.47855 3.49845 3.89598 3.88328 4.36349 4.31044 4.88711 4.784595.47357 10.69932 12.83918 15.40702 18.48843 22.18611 16 17 18 19 20 1.17258 1.18430 1.19615 1.20811 1.22019 1.26899 1.28802 1.30734 1.32695 1.34686 1.37279 1.40024 1.42825 1.45681 1.48595 1.48451 1.52162 1.55966 1.59865 1.63862 1.60471 1.65285 1.70243 1.75351 1.80611 1.73399 1.87298 2.02237 2.18287 2.35526 1.79468 1.94790 2.11338 2.29202 2.48480 1.85749 2.02582 2.20848 2.40662 2.62147 1.92250 2.10685 2.30786 2.52695 2.76565 1.98979 2.19112 2.41171 2.65330 2.91776 2.54035 2.69277 2.85434 3.02560 3.20714 2.95216 3.42594 3.97031 4.59497 3.15882 3.700024.32763 5.05447 3.379933.99602 4.717125.55992 3.61653 4.31570 5.14166 6.11591 3.86968 4.66096 5.60441 6.72750 5.310896.13039 5.895096.86604 6.54355 7.68997 7.26334 8.61276 8.06231 9.64629 26.62333 31.94800 38.33760 21 1.23239 25 1.28243 30 1.34785 40 1.48886 1.36706 1.51567 1.67958 1.86029 2.05943 2.27877 2.52024 2.78596 3.07823 3.39956 1.45095 1.64061 1.85394 2.09378 2.36324 2.665843 .00543 3.38635 3.813394.29187 1.56308 1.81136 2.09757 2.42726 2.806793.24340 3.74532 4.32194 4.98395 5.74349 1.81402 2.20804 2.68506 3.26204 3.95926 4.80102 5.81636 7.03999 8.51331 10.28572 4.14056 5.03383 6.10881 7.40025 8.94917 10.80385 46.00512 5.427436.84848 8.62308 10.83471 13.58546 17.00006 7.61226 10.06266 13.26768 17.44940 22.89230 29.95992 237.37631 14.97446 21.72452 31.40942 45.25926 65.00087 93.05097 1469.77160 TABLE 2 Present Value of $1 PV = $1 (1+i)" W 1 2 3 4 5 1.0% 0.99010 0.98030 0.97059 0.96098 0.95147 1.5% 0.98522 0.97066 0.95632 0.94218 0.92826 2.0% 0.98039 0.96117 0.94232 0.92385 0.90573 2.5% 3.0% 3.5% 4.0% 4.5% 0.97561 0.97087 0.96618 0.96154 0.95694 0.95181 0.94260 0.93351 0.92456 0.91573 0.92860 0.91514 0.90194 0.88900 0.87630 0.90595 0.88849 0.87144 0.85480 0.83856 0.88385 0.86261 0.84197 0.82193 0.80245 5.0% 0.95238 0.90703 0.86384 0.82270 0.78353 5.5% 6.0% 0.94787 0.94340 0.89845 0.89000 0.85161 0.83962 0.80722 0.79209 0.76513 0.74726 7.0% 0.93458 0.87344 0.81630 0.76290 0.71299 8.0% 9.0% 0.0% 0.92593 0.91743 0.90909 0.85734 0.84168 0.82645 0.79383 0.77218 0.75131 0.73503 0.70843 0.68301 0.68058 0.64993 0.62092 11.0% 12.0% 20.0% 0.90090 0.89286 0.83333 0.81162 0.79719 0.69444 0.73119 0.71178 0.57870 0.65873 0.63552 0.48225 0.59345 0.56743 0.40188 6 7 8 9 10 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.93272 0.90103 0.87056 0.84127 0.81309 0.78599 0.75992 0.73483 0.92348 0.88771 0.85349 0.82075 0.78941 0.75941 0.73069 0.70319 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.74622 0.72525 0.71068 0.68744 0.67684 0.65160 0.64461 0.61763 0.61391 0.58543 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.33490 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.27908 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.23257 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.19381 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.16151 11 12 13 14 15 0.89632 0.84893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.58468 0.55491 0.52679 0.47509 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 0.52598 0.49697 0.44401 0.87866 0.82403 0.77303 0.72542 0.68095 0.63940 0.60057 0.56427 0.53032 0.49856 0.46884 0.41496 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.44793 0.41727 0.36245 0.42888 0.38753 0.35049 0.31728 0.28748 0.13459 0.39711 0.35553 0.31863 0.28584 0.25668 0.11216 0.36770 0.32618 0.28966 0.25751 0.22917 0.09346 0.34046 0.29925 0.26333 0.23199 0.20462 0.07789 0.31524 0.27454 0.23939 0.20900 0.18270 0.06491 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 0.45811 0.42458 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.05409 17 0.84438 0.77639 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 0.23107 0.19784 0.16963 0.14564 0.04507 18 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.25025 0.21199 0.17986 0.15282 0.13004 0.03756 19 0.82774 0.75361 0.68643 0.62553 0.57029 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.03130 20 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.02608 21 0.81143 0.73150 0.65978 0.59539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.29416 0.24151 0.19866 0.16370 0.13513 0.11174 0.09256 0.02174 24 0.78757 0.69954 0.62172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.27666 0.24698 0.19715 0.15770 0.12640 0.10153 0.08170 0.06588 0.01258 25 0.77977 0.68921 0.60953 0.53939 0.47761 0.42315 0.37512 0.33273 0.29530 0.26223 0.233000.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.01048 28 0.75684 0.65910 0.57437 0.50088 0.43708 0.38165 0.33348 0.29157 0.25509 0.22332 0.19563 0.15040 0.11591 0.08955 0.06934 0.05382 0.04187 0.00607 29 0.74934 0.64936 0.56311 0.48866 0.42435 0.36875 0.32065 0.27902 0.24295 0.21168 0.18456 0.14056 0.10733 0.08215 0.06304 0.04849 0.03738 0.00506 30 31 40 0.74192 0.63976 0.55207 0.47674 0.73458 0.63031 0.54125 0.46511 0.67165 0.55126 0.45289 0.37243 0.41199 0.39999 0.30656 0.35628 0.30832 0.26700 .34423 0.29646 0.25550 0.25257 0.20829 0.17193 0.23138 0.20064 0.17411 0.13137 0.22036 0.19018 0.16425 0.12277 0.14205 0.11746 0.09722 0.06678 0.09938 0.07537 0.05731 0.04368 0.03338 0.00421 0.09202 0.06915 0.05210 0.03935 0.02980 0.00351 0.04603 0.03184 0.02209 0.01538 0.01075 0.00068 TABLE 3 Future Value of an Ordinary Annuity of $1 FVA - (1+i)" - 1 mi 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 0.0% 11.0% 12.0% 20.0% 1 2 3 1.0000 2.0100 3.0301 4.0604 5.1010 10000 2.0150 3.0452 4.0909 5.1523 10000 2.0200 3.0604 4.1216 5.2040 1.0000 2.0250 3.0756 4.1525 5.2563 10000 2.0300 3.0909 4.1836 5.3091 10000 2.0350 3.1062 4.2149 5.3625 10000 2.0400 3.1216 4.2465 5.4163 1.0000 1.0000 2.0450 2.0500 3.1370 3.1525 4.2782 4.3101 5.47075.5256 1.0000 1.0000 2.0550 2.0600 3.16803.1836 4.3423 4.3746 5.5811 5.6371 1.0000 1.000 2.0700 2.0800 3.21493.2464 4.4399 4.5061 5.75075.8666 1.0000 2.0900 3.2781 4.5731 5.9847 1.0000 2.1000 3.3100 .6410 6.1051 1.000 2.1100 3.3421 4.7097 6.2278 1.0000 2.1200 3.3744 4.7793 6.3528 1.0000 2.2000 3.6400 5.3680 4 5 7.4416 9.9299 6 7 8 9 10 6.1520 7.2135 8.2857 9.3685 10.4622 6.2296 7.3230 8.4328 9.5593 10.7027 6.3081 6.3877 7.43437.5474 8.5830 8.7361 9.7546 9.9545 10.9497 11.2034 6.4684 6.5502 6.6330 7.66257.7794 7.8983 8.89239.05179.2142 10.1591 10.3685 10.5828 11.4639 11.7314 12.0061 6.7169 8.0192 9.3800 10.8021 12.2882 6.80196.88816.9753 7.1533 8.1420 8.2669 8.3938 8.6540 9.5491 9.7216 9.8975 10.2598 11.0266 11.2563 11.491311.9780 12.577912.8754 13.1808 13.8164 7.33597.5233 8.9228 9.2004 10.6366 11.0285 12.4876 13.0210 14.4866 15.1929 7.7156 7.9129 9.4872 9.7833 11.435911.8594 13.5795 14.1640 15.9374 16.7220 8.1152 10.0890 12.2997 14.7757 17.5487 12.9159 16.4991 20.7989 25.9587 32.1504 39.5805 11 12 13 14 15 11.5668 11.8633 12.6825 13.0412 13.8093 14.2368 14.9474 15.4504 16.0969 16.6821 12.1687 13.4121 14.6803 15.9739 17.2934 12.4835 13.7956 15.1404 16.5190 17.9319 12.8078 14.1920 15.6178 17.0863 18.5989 13.1420 14.6020 16.1130 17.6770 19.2957 13.4864 13.8412 15.0258 15.4640 16.6268 17.1599 18.291918.9321 20.0236 20.7841 14.2068 15.9171 17.7130 19.5986 21.5786 14.5835 16.3856 18.2868 20.2926 22.4087 14.9716 15.7836 16.8699 17.8885 18.882120.1406 21.0151 22.5505 23.2760 25.1290 16.6455 17.5603 18.5312 18.977120.1407 21.3843 21.4953 22.9534 24.5227 24.2149 26.0192 27.9750 27.1521 29.360931.7725 19.5614 22.7132 26.2116 30.0949 34.4054 20.6546 24.1331 28.0291 32.3926 37.2797 48.4966 7 2.0351 16 17 18 19 20 17.2579 17.9324 18.639319.3802 20.1569 20.9710 21.8245 18.4304 19.2014 20.0121 20.8647 21.7616 22.7050 23.6975 19.6147 20.4894 21.4123 22.3863 23.4144 24.4997 25.6454 20.8109 21.7967 22.8406 23.9460 25.1169 26.3572 27.6712 22.0190 23.1237 24.2974 25.5447 26.8704 28.2797 29.7781 22.7193 24.7417 26.8551 29.0636 31.3714 23.6575 25.8404 28.1324 30.5390 33.0660 24.6411 26.9964 29.4812 32.1027 34.8683 25.6725 27.8881 28.212930.8402 30.9057 33.9990 33.7600 37.3790 36.7856 40.9955 30.3243 33.0034 33.7502 36.9737 37.450241.3013 41.4463 46.0185 45.7620 51.1601 35.9497 39.1899 42.7533 40.544744.5008 48.8837 45.5992 50.395955.7497 51.1591 56.9395 63.4397 57.2750 64.2028 72.0524 87.4421 105.9306 128.1167 154.7400 186.6880 21 23.2392 24.4705 25.7833 27.1833 28.676530.2695 31.9692 33.7831 30 34.7849 37.5387 40.5681 43.9027 47.5754 51.6227 56.084961.0071 40 48.8864 54.2679 60.4020 67.4026 75.4013 84.5503 95.0255 107.0303 35.7193 66.4388 120.7998 37.7861 72.4355 136.6056 39.9927 79.0582 154.7620 44.8652 94.4608 199.6351 50.422956.7645 113.2832 136.3075 259.0565 337.8824 64.0025 164.4940 442.5926 72.2651 81.6987 225.0256 199.0209 241.3327 1181.8816 581.8261 767.0914 7343.8578 TABLE 4 Present Value of an ordinary Annuity of $1 PVA (11.19 wi 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 0.0% 0.0% 11.0% 12.0% 20.0% 1 2 3 4 5 0.99010 0.98522 1.97040 1.95588 2.940992.91220 3.90197 3.85438 4.85343 4.78264 0.98039 0.97561 1.94156 1.92742 2.88388 2.85602 3.807733.76197 4.71346 4.64583 0.97087 1.91347 2.82861 3.71710 4.57971 0.96618 0.96154 0.95694 1.899691.886091.87267 2.80164 2.77509 2.74896 3.67308 3.62990 3.58753 4.51505 4.45182 4.38998 0.95238 1.85941 2.72325 3.54595 4.32948 0.94787 1.84632 2.69793 3.50515 4.27028 0.94340 0.93458 1.83339 1.80802 2.67301 2.62432 3.46511 3.38721 4.212364.10020 0.92593 1.78326 2.57710 3.31213 3.99271 0.91743 0.90909 1.75911 1.73554 2.53129 2.48685 3.23972 3.16987 3.88965 3.79079 0.90090 1.71252 2.44371 3.10245 3.69590 0.89286 1.69005 2.40183 3.03735 3.60478 0.83333 1.52778 2.10648 2.58873 2.99061 4.91732 4.76654 6 7 8 9 10 5.79548 5.69719 5.60143 6.728196.59821 6.47199 7.65168 7.485937.32548 8.56602 8.36052 8.16224 9.47130 9.22218 8.98259 5.508135.41719 6.349396.23028 7.170147.01969 7.97087 7.78611 8.75206 8.53020 5.32855 5.24214 6.11454 6.00205 6.87396 6.73274 7.607697.43533 8.31661 8.11090 5.15787 5.07569 4.99553 5.89270 5.78637 5.68297 6.595896.46321 6.33457 7.26879 7.10782 6.95220 7.91272 7.721737.53763 5.58238 5.38929 6.20979 5.97130 6.801696.51523 7.36009 7.02358 4.62288 5.20637 5.74664 6.24689 6.71008 4.48592 4.35526 4.23054 4.11141 5.03295 4.86842 4.71220 4.56376 5.53482 5.334935.14612 4.96764 5.99525 5.759025 .53705 5.32825 6.41766 6.14457 5.88923 5.65022 3.32551 3.60459 3.83716 4.03097 4.19247 11 10.36763 10.07112 9.78685 9.51421 9.252629.00155 8.76048 8.52892 8.30641 12 13 14 15 11.25508 12.13374 13.00370 13.86505 10.90751 11.73153 12.54338 13.34323 10.57534 11.34837 12.10625 12.84926 10.25776 9.95400 9,66333 10.98319 10.63496 10.30274 11.69091 11.29607 10.92052 12.38138 11.93794 11.51741 9.38507 9.98565 10.56312 11.11839 9.11858 9.68285 10.22283 10.73955 8.86325 9.39357 9.89864 10.37966 8.09254 7.88687 7.49867 7.13896 8.61852 8.38384 7.942697.53608 9.11708 8.85268 8.35765 7.90378 9.589659.294988.74547 8.24424 10.03758 9.71225 9.10791 8.55948 6.80519 7.16073 7.48690 7.78615 8.06069 6.49506 6.20652 5.93770 4.32706 6.81369 6.49236 6.19437 4.43922 7.10336 6.74987 6.42355 4.53268 7.36669 6.98187 6.62817 4.61057 7.60608 7.19087 6.81086 4.67547 16 14.71787 17 15.56225 18 16.39827 19 17.22601 2018.04555 14.13126 14.90765 15.67256 16.42617 17.16864 13.57771 14.29187 14.99203 15.67846 16.35143 13.05500 13.71220 14.35336 14.97889 15.58916 12.56110 13.16612 13.75351 14.32380 14.87747 12.09412 12.65132 13.18968 13.70984 14.21240 11.65230 12.16567 12.65930 13.13394 13.59033 11.23402 11.70719 12.15999 12.59329 13.00794 10.83777 11.27407 11.68959 12.08532 12.46221 10.46216 10.86461 11.24607 11.60765 11.95038 10.10590 10.47726 10.82760 11.15812 11.46992 9.446658.85137 9.76322 9.12164 10.05909 9.37189 10.33560 9.60360 10.59401 9.81815 8.31256 7.82371 7.37916 6.97399 4.72956 8.54363 8.02155 7.54879 7.11963 4.77463 8.75563 8.20141 7.701627.24967 4.81219 8.95011 8.36492 7.839297.36578 4.84350 9.12855 8.51356 7.96333 7.46944 4.86958 21 25 30 40 18.85698 17.90014 22.02316 20.71961 25.80771 24.01584 32.83469 29.91585 17.01121 19.52346 22.39646 27.35548 16.18455 18.42438 20.93029 25.10278 15.41502 14.69797 17.41315 16.48151 19.60044 18.39205 23.11477 21.35507 14.02916 15.62208 17.29203 19.79277 13.40472 14.82821 16.28889 18.40158 12.82115 14.09394 15.37245 17.15909 12.27524 13.41393 14.53375 16.04612 11.76408 10.83553 12.78336 11.65358 13.76483 12.40904 15.04630 13.33171 10.01680 9.29224 10.67478 9.82258 11.25778 10.27365 11.92461 10.75736 8.64869 8.07507 7.56200 4.89132 9.07704 8.42174 7.84314 4.94759 9.42691 8.69379 8.05518 4.97894 9.77905 8.95105 8.24378 4.99660 TABLE 5 Future Value of an Annuity Due of $1 FVAD - (1 + i)" - 11 * (1 + i) wi 1 7.0% 1.0700 8.0% 1.0800 0.0% 1.0900 0.0% 1.1000 11.0% 1.1100 12.0% 1.1200 20.0% 1.2000 2 1.0% 1.0100 2.0301 3.0604 4.1010 5.1520 1.5% 1.0150 2.0452 3.0909 4.1523 5.2296 2.0% 1.0200 2.0604 3.1216 4.2040 5.3081 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 1.0250 1.0300 1.0350 1.0400 1.0450 1.0500 2.0756 2.0909 2.1062 2.1216 2.1370 2.1525 3.15253.1836 3.21493.2465 3.2782 3.3101 4.2563 4.30914.3625 4.41634.4707 4.5256 53877 5.4684 5.5502 5.6330 5.71695.8019 5.5% 1.0550 .1680 3.3423 4.5811 5.8881 6.0% 1.0600 2 3.3746 4.6371 5.9753 4.3680 3 4 5 3.4399 4.7507 6.1533 3.5061 3.5731 3.6410 4.8666 4.9847 5.1051 6.33596.52336.7156 3.7097 3.7793 5.2278 5.3528 6.91297.1152 6.4416 8.9299 6 7 8 9 10 6.2135 7.2857 8.3685 9.4622 10.5668 6.3230 7.4328 8.5593 9.7027 10.8633 6.4343 7.5830 8.7546 9.9497 11.1687 6.5474 7.7361 8.9545 10.2034 11.4835 6.6625 7.8923 9.1591 10.4639 11.8078 6.7794 8.0517 9.3685 10.7314 12. 1420 6.89837.01927.1420 7.26697.39387.6540 7.9228 8.21428.3800 8.54918.7216 8.8975 9.25989 .6366 9.5828 9.8021 10.0266 10.2563 10.4913 10.9780 11.4876 11.0061 11.2882 11.577911.8754 12.1808 12.8164 13.4866 12.4864 12.8412 13.2068 13.5835 13.9716 14.7836 15.6455 8.2004 10.0285 12.0210 14.1929 16,5603 8.48728.78339.0890 10.4359 10.8594 11.2997 12.5795 13.1640 13.7757 14.9374 15.7220 16.5487 17.5312 18.5614 19.6546 11.9159 15.4991 19.7989 24.9587 31.1504 11 11.6825 12.0412 12 12.8093 13.2368 13 13.9474 14.4504 14 15.0969 15.6821 15 16.2579 16.9324 12.4121 12.7956 13.1920 13.6020 14.0258 14.4640 13.6803 14.1404 14.6178 15.1130 15.6268 16.1599 14.9739 15.5190 16.0863 16.6770 17.291917.9321 16.2934 16.9319 17.5989 18.2957 19.0236 19.7841 17.639318.3802 19.1569 19.9710 20.8245 21.7193 14.9171 16.7130 18.5986 20.5786 22.6575 15.3856 17.2868 19.2926 21.4087 23.6411 15.8699 17.8821 20.0151 22.2760 24.6725 16.8885 19.1406 21.5505 24.1290 26.8881 17.9771 20.4953 23.2149 26.1521 29.3243 19.140720.3843 21.9534 23.5227 25.0192 26.9750 os 28.3609 30.7725 32.0034 34.9497 21.7132 25.2116 29.0949 33.4054 384054 38.1899 23.1331 27.0291 31.3926 36.2797 36 2797 41.7533 38.5805 47.4966 58.1959 71.0351 16 17.4304 18.2014 19.0121 17 18.6147 19.4894 20.4123 18 19.8109 20.7967 21.8406 19 21.0190 22.1237 23.2974 20 22.2392 23.4705 24.7833 19.8647 20.7616 21.7050 22.6975 21.3863 22.4144 23.4997 24.6454 22.9460 24.1169 25.3572 26.6712 24.5447 25.8704 27.2797 28.7781 26.1833 27.6765 29.2695 30.9692 23.7417 25.8551 28.0636 30.3714 32.7831 24.8404 27.1324 29.5390 32.0660 34.7193 25.9964 28.4812 31.1027 33.8683 36.7861 27.2129 29.840232.7502 35.9737 29.9057 32.9990 36.4502 40.3013 32.7600 36.3790 40.4463 45.0185 35.785639.9955 44.7620 50.1601 38.9927 43.8652 49.422955.7645 39.5447 44.5992 50.1591 56.2750 63.0025 43.5008 47.8837 49.395954.7497 55.9395 62.4397 63.2028 71.0524 71.2651 80.6987 104.9306 127.1167 153.7400 185.6880 224.0256 21 23.4716 24.8376 26.2990 27.8629 29.5368 31.328933.2480 25 28.5256 30.5140 32.6709350117 37.5530 40.3131 43.3117 30 35.1327 38.1018 41.3794 45.0003 49.0027 53.4295 58.3283 40 49.3752 55.0819 61.6100 69.0876 77.6633 87.5095 98.8265 35.3034 46.5706 63.7524 111.8467 37.5052 50.1135 69.7608 126.8398 39.8643 53.9660 76.4194 144.1189 42.3923 58.1564 83.8017 164.0477 48.0057 67.6765 101.0730 213.6096 54.4568 78.9544 122.3459 279.7810 61.8733 70.4027 80.2143 91.5026 92.3240 108.1818 126.9988 149.3339 566,3773 148.5752 180.9434 220.9132 270.2926 1418.2579 368.2919 486.8518 645.8269859.1424 8812.6294 TABLE 6 Present Value of an Annuity Due of $1 PVAD = 1 (1+7" x (1+1) 5.0% 5.5% 6.0% 7.0% 8.0% 0.0% 0.0% 11.0% 12.0% 20.0% ni 1 2 3 4 5 1.0% 1.00000 1.99010 2.97040 3.94099 4.90197 1.5% 1.00000 1.98522 2.95588 3.91220 4.85438 2.0% 2.5% 1.00000 1.00000 1.98039 1.97561 2.94156 2.92742 3.88388 3.85602 4.807734.76197 3.0% 1.00000 1.97087 2.91347 3.82861 4.71710 3.5% 4.0% 4.5% 1.00000 1.00000 1.00000 1.96618 1.96154 1.95694 2.899692.886092.87267 3.80164 3.77509 3.74896 4.67308 4.62990 4.58753 1.00000 1.95238 2.85941 3.72325 4.54595 1.00000 1.94787 2.84632 3.69793 4.50515 1.00000 1.94340 2.83339 3.67301 4.46511 1.00000 1.93458 2.80802 3.62432 4.38721 1.00000 1.00000 1.92593 1.91743 2.78326 2.75911 3.57710 3.53129 4.312134.23972 1.00000 1.00000 1.90909 1.90090 2.73554 2.71252 3.48685 3.44371 4.16987 4.10245 1.00000 1.00000 1.89286 1.83333 2.69005 2.52778 3.40183 3.10648 4.03735 3.58873 6 7 8 5.85343 5.78264 5.71346 5.64583 5.57971 5.51505 6.79548 6.697196.60143 6.50813 6.417196.32855 7.728197.59821 7.471997.349397.23028 7.11454 5.45182 6.24214 7.00205 5.38998 6.15787 6.89270 5.32948 6.07569 6.78637 46321 8.10782 5.27028 5.99553 6.68297 7.33457 7.95220 5.21236 5.100204.99271 5.91732 5.76654 5.62288 6.58238 6.389296.20637 7.209796.97130 6.74664 7.801697.51523 7.24689 4.88965 5.48592 6.03295 6.53482 6.99525 4.79079 4.69590 4.60478 3.99061 5.35526 5.23054 5.11141 4.32551 5.868425.71220 5.56376 4.60459 6.33493 6.14612 5.96764 4.83716 6.75902 6.53705 6.32825 5.03097 10 9.566029.360529.16224 8.97087 8.78611 8.607698.43533 8.26879 11 10.47130 12 11.36763 13 12.25508 14 13.13374 15 14.00370 10.22218 9.98259 9.75206 11.07112 10.78685 10.51421 11.90751 11.57534 11.25776 12.73153 12.34837 11.98318 13.54338 13.10625 12.69091 9.53020 10.25262 10.95400 11.63496 12.29607 9.31661 10.00155 10.66333 11.30274 11.92052 9.110908.91272 8.721738.537638.360098.02358 7.71008 9.76048 9.52892 9.30641 9.09254 8.886878.49867 8.13896 10.38507 10.118589.86325 9.61852 9.38384 8.942698.53608 10.98565 10.68285 10.39357 10.11708 9.85268 9.35765 8.90378 11.56312 11.22283 10.89864 10.58965 10.29498 9.74547 9.24424 7.41766 7.14457 6.88923 6.650225 .19247 7.805197.49506 7.20652 6.93770 5.32706 8.160737.81369 7.49236 7. 19437 5.43922 8.48690 8.78615 8.10336 7.74987 7.42355 5.53268 8.36669 798187 7.62817 5.61057 16 14.86505 17 15.71787 18 16.56225 1917.39827 20 18.22601 14.34323 15.13126 15.90765 16.67256 17.42617 13.84926 14.57771 15.29187 15.99203 16.67846 13.38138 14.05500 14.71220 15.35336 15.97889 12.93794 12.51741 13.56110 13.09412 14.16612 13.65132 14.75351 14.18968 15.32380 14.70984 12.11839 12.65230 13.16567 13.65930 14.13394 11.73955 12.23402 12.70719 13.15999 13.59329 11.37966 11.83777 12.27407 12.68959 13.08532 11.03758 10.71225 11.46216 11.10590 11.86461 11.47726 12.24607 11.82760 12.60765 12.15812 10.10791 10.44665 10.76322 11.05909 11.33560 9.55948 9.85137 10.12164 10.37189 10.60360 9.06069 9.31256 9.54363 9.75563 9.95011 8.60608 8.19087 7.81086 5.67547 8.82371 8.37916 7.97399 5.72956 9.02155 8.54879 8.11963 5.77463 9.20141 8.70162 8.24967 5.81219 9.36492 8.83929 8.36578 5.84350 21 19.04555 18.16864 17.35143 16.58916 15.87747 25 22.24339 21.03041 19.91393 18.88499 17.93554 30 26.06579 24.37608 22.84438 21.45355 20.18845 40 33.16303 30.36458 27.90259 25.73034 23.80822 15.21240 17.05837 19.03577 22.10250 14.59033 14.00794 16.24696 15.49548 17.98371 17.02189 20.58448 19.22966 13.46221 12.95038 14.79864 14.15170 16.14107 15.33310 18.01704 16.92866 12.46992 13.55036 14.59072 1594907 11.59401 12.46933 13.27767 14.26493 10.81815 11.52876 12.15841 12.87858 10.12855 10.70661 11.19828 11.72552 9.51356 8.96333 8.46944 9.98474 9.34814 8.78432 10.36961 9.65011 9.02181 10.75696 9.93567 9.23303 5.86958 5.93710 5.97472 5.99592