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APPX G - MUST USE THE FACTOR TABLES FOR EACH QUESTION. **If you're not able to answer each question, please skip my post entirely. Thank

APPX G - MUST USE THE FACTOR TABLES FOR EACH QUESTION.

**If you're not able to answer each question, please skip my post entirely. Thank you**

1) Jozy Altidore invested $6,400 at 10% annual interest, and left the money invested without withdrawing any of the interest for 12 years. At the end of the 12 years, Jozy withdrew the accumulated amount of money.

(b) What amount did Jozy withdraw, assuming the investment earns interest compounded annually? (Round answer to 2 decimal places, e.g. 25.25.)

Accumulated Amount $_____

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2) Bates Company issued $1,300,000, 12-year bonds and agreed to make annual sinking fund deposits of $81,500. The deposits are made at the end of each year into an account paying 5% annual interest. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount will be in the sinking fund at the end of 12 years? (Round answer to 2 decimal places, e.g. 25.25.)

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3) Hugh Curtin borrowed $32,500 on July 1, 2017. This amount plus accrued interest at 8% compounded annually is to be repaid on July 1, 2022. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much will Hugh have to repay on July 1, 2022? (Round answer to 2 decimal places, e.g. 25.25.)

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4) Messi Company is considering an investment that will return a lump sum of $750,000 4 years from now. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 11% return? (Round answer to 2 decimal places, e.g. 25.25.)

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FACTOR TABLES BELOW

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X Amount in the sinking fund 1,215,746.10 1 8 TABLE 1 Future Value of 1 (n) Periods 4% 5% 6% 7% 8% 9% 10% 11% 0 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 2 1.08160 1.10250 1.12360 1.14490 1.16640 1.18810 1.21000 1.23210 3 1.12486 1.15763 1.19102 1.22504 1.25971 1.29503 1.33100 1.36763 4 1.16986 1.21551 1.26248 1.31080 1.36049 1.41158 1.46410 1.51807 5 1.21665 1.27628 1.33823 1.40255 1.46933 1.53862 1.61051 1.68506 6 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 7 1.31593 1.40710 1.50363 1.60578 1.71382 1.82804 1.94872 2.07616 1.36857 1.47746 1.59385 1.71819 1.85093 1.99256 2.14359 2.30454 9 1.42331 1.55133 1.68948 1.83846 1.99900 2.17189 2.35795 2.55803 10 1.48024 1.62889 1.79085 1.96715 2.15892 2.36736 2.59374 2.83942 11 1.53945 1.71034 1.89830 2.10485 2.33164 2.58043 2.85312 3.15176 12 1.60103 1.79586 2.01220 2.25219 2.51817 2.81267 3.13843 3.49845 13 1.66507 1.88565 2.13293 2.40985 2.71962 3.06581 3.45227 3.88328 14 1.73168 1.97993 2.26090 2.57853 2.93719 3.34173 3.79750 4.31044 15 1.80094 2.07893 2.39656 2.75903 3.17217 3.64248 4.17725 4.78459 16 1.87298 2.18287 2.54035 2.95216 3.42594 3.97031 4.59497 5.31089 17 1.94790 2.29202 2.69277 .15882 3.70002 4.32763 5.05447 5.89509 18 2.02582 2.40662 2.85434 3.37993 3.99602 4.71712 5.55992 6.54355 19 2.10685 2.52695 3.02560 3.61653 4.31570 5.14166 6.11591 7.26334 20 2.19112 2.65330 3.20714 3.86968 4.66096 5.60441 6.72750 8.06231 12% 1.00000 1.12000 1.25440 1.40493 1.57352 1.76234 1.97382 2.21068 2.47596 2.77308 3.10585 3.47855 3.89598 4.36349 4.88711 5.47357 6.13039 6.86604 7.68997 8.61276 9.64629 15% 1.00000 1.15000 1.32250 1.52088 1.74901 2.01136 2.31306 2.66002 3.05902 3.51788 4.04556 4.65239 5.35025 6.15279 7.07571 8.13706 9.35762 10.76126 12.37545 14.23177 16.36654 15% TABLE 2 Future Value of an Annuity of 1 (n) Payments 4% 5% 6% 7% 1.00000 1.00000 1.00000 1.0000 2 2.04000 2.05000 2.06000 2.0700 3 3.12160 3.15250 3.18360 3.2149 4 4.24646 4.31013 4.37462 4.4399 S 5.41632 5.52563 5.63709 5.7507 6 6.63298 6.80191 6.97532 7.1533 7 7.89829 8.14201 8.39384 8.6540 8 9.21423 9.54911 9.89747 10.2598 9 10.58280 11.02656 11.49132 11.9780 10 12.00611 12.57789 13.18079 13.8164 11 13.48635 14.20679 14.97164 15.7836 12 15.02581 15.91713 16.86994 17.8885 13 16.62684 17.71298 18.88214 20.1406 14 18.29191 19.59863 21.01507 22.5505 15 20.02359 21.57856 23.27597 25.1290 16 21.82453 23.65749 25.67253 27.8881 17 23.69751 25.84037 28.21288 30.8402 18 25.64541 28.13238 30.90565 33.9990 19 27.67123 30.53900 33.75999 37.3790 20 29.77808 33.06595 36.7855940.9955 8% 9% 10% 11% 12% 1.00000 1.00000 1.00000 1.00000 1.00000 2.08000 2.09000 2.10000 2.11000 2.12000 3.24640 3.27810 3.31000 3.34210 3.37440 4.50611 4.57313 4.64100 4.70973 4.77933 5.86660 5.98471 6.10510 6.22780 6.35285 7.33592 7.52334 7.71561 7.91286 8.11519 8.92280 9.20044 9.48717 9.78327 10.08901 10.63663 11.02847 11.43589 11.85943 12.29969 12.48756 13.02104 13.57948 14.16397 14.77566 14.48656 15.19293 15.93743 16.72201 17.54874 16.64549 17.56029 18.53117 19.56143 20.65458 18.97713 20.14072 21.38428 22.71319 24.13313 21.49530 22.95339 24.52271 26.21164 28.02911 24.21492 26.01919 27.97498 30.09492 32.39260 27.15211 29.36092 31.77248 34.40536 37.27972 30.32428 33.00340 35.94973 39.18995 42.75328 33.75023 36.97351 40.54470 44.50084 48.88367 37.45024 41.30134 45.59917 50.39593 55.74972 41.44626 46.01846 51.15909 56.93949 63.43968 45.76196 51.16012 57.27500 64.20283 72.05244 1.00000 2.15000 3.47250 4.99338 6.74238 8.75374 11.06680 13.72682 16.78584 20.30372 24.34928 29.00167 34.35192 40.50471 47.58041 55.71747 65.07509 75.83636 88.21181 102.44358 5 TABLE 3 Present Value of 1 (n) Periods 4% 5% 96154 .95238 2 .92456 .90703 3 .88900 .86384 4 .85480 .82270 .82193 .78353 6 .79031 .74622 7 .75992 .71068 8 .73069 .67684 9 .70259 .64461 10 .67556 .61391 11 .64958 .58468 12 .62460 .55684 13 .60057 .53032 14 .57748 .50507 15 .55526 .48102 16 .53391 .45811 17 .51337 .43630 18 .49363 41552 19 .47464 .39573 20 45639 .37689 6% 7% 8% .94340 93458 92593 .89000 .87344 .85734 .83962 .81630 .79383 .79209 .76290 .73503 .74726 .71299 .68058 .70496 66634 .63017 .66506 .62275 .58349 .62741 .58201 .54027 .59190 .54393 .50025 .55839 .50835 46319 .52679 47509 42888 .49697 44401 .39711 .46884 .41496 .36770 44230 .38782 .34046 .41727 .36245 .31524 .39365 .33873 .29189 .37136 .31657 .27027 .35034 .29586 25025 .33051 .27615 .23171 .31180 .25842 .21455 9% .91743 .84168 .77218 .70843 .64993 .59627 .54703 .50187 .46043 .42241 .38753 .35554 .32618 .29925 .27454 .25187 .23107 .21199 .19449 .17843 10% .90909 .82645 .75132 .68301 .62092 .56447 .51316 46651 .42410 .38554 .35049 .31863 .28966 .26333 .23939 .21763 .19785 .17986 .16351 .14864 11% .90090 .81162 .73119 .65873 .59345 .53464 .48166 .43393 .39092 .35218 .31728 .28584 .25751 .23199 .20900 .18829 .16963 .15282 .13768 .12403 12% .89286 .79719 .71178 .63552 .56743 .50663 .45235 40388 .36061 .32197 .28748 .25668 .22917 .20462 .18270 .16312 .14564 .13004 .11611 .10367 15% .86957 .75614 .65752 .57175 49718 43233 .37594 .32690 .28426 .24719 .21494 .18691 .16253 .14133 .12289 .10687 .09293 .08081 .07027 .06110 8 TABLE 4 Present Value of an Annuity of 1 (n) Payments 4% 5% 6% .96154 .95238 .94340 2 1.88609 1.85941 1.83339 3 2.77509 2.72325 2.67301 4 3.62990 3.54595 3.46511 5 4.45182 4.32948 4.21236 6 5.24214 5.07569 4.91732 7 6.00205 5.78637 5.58238 6.73274 6.46321 6.20979 9 7.43533 7.10782 6.80169 10 8.11090 7.72173 7.36009 11 8.76048 8.30641 7.88687 12 9.38507 8.86325 8.38384 13 9.98565 9.39357 8.85268 14 10.56312 9.89864 9.29498 15 11.11839 10.37966 9.71225 16 11.65230 10.83777 10.10590 17 12.16567 11.27407 10.47726 18 12.65930 11.68959 10.82760 19 13.13394 12.08532 11.15812 20 13.59033 12.46221 11.46992 7% .93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 7.49867 7.94269 8.35765 8.74547 9.10791 9.44665 9.76322 10.05909 10.33560 10.59401 8% .92593 1.78326 2.57710 3.31213 3.99271 4.62288 5.20637 5.74664 6.24689 6.71008 7.13896 7.53608 7.90378 8.24424 8.55948 8.85137 9.12164 9.37189 9.60360 9.81815 9% 10% 91743 .90909 1.75911 1.73554 2.53130 2.48685 3.23972 3.16986 3.88965 3.79079 4.48592 4.35526 5.03295 4.86842 5.53482 5.33493 5.99525 5.75902 6.41766 6.14457 6.80519 6.49506 7.16073 6.81369 7.48690 7.10336 7.78615 7.36669 8.06069 7.60608 8.31256 7.82371 8.54363 8.02155 8.75563 8.20141 8.95012 8.36492 9.12855 8.51356 11% 12% 15% .90090 .89286 .86957 1.71252 1.69005 1.62571 2.44371 2.40183 2.28323 3.10245 3.03735 2.85498 3.69590 3.60478 3.35216 4.23054 4.11141 3.78448 4.71220 4.56376 4.16042 5.14612 4.96764 4.48732 5.53705 5.32825 4.77158 5.88923 5.65022 5.01877 6.20652 5.93770 5.23371 6.49236 6.19437 5.42062 6.74987 6.42355 5.58315 6.98187 6.62817 5.72448 7.19087 6.81086 5.84737 7.37916 6.97399 5.95424 7.54879 7.11963 6.04716 7.70162 7.24967 6.12797 7.83929 7.36578 6.19823 7.96333 7.46944 6.25933

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