Assignment tempts: Average: 1/2 - Do the Math 1-2 eBook Do the Math 1-2 Future Value As a graduating senior, Chun Kumora of Manhattan, Kansas, is eager to enter the job market at an anticipated annual salary of $35,000. Assuming an average inflation rate of 2 percent and an equal cost- of-living raise, what will his salary possibly become in 11 years? (Hint: Use Appendix A.1.) Round your answer to the nearest dollar. Round Future value of a Single Amount intermediate calculations to four decimal places. %$4 What will his salary be in 24 years? Round your answer to the nearest dollar. Round Future value of a Single Amount intermediate calculations to four decimal places. To make real economic progress, how much of a raise (in dollars) does Chun need to receive next vear and the vear after? Round your answers to the nearest dollar. Chun must receive raise greater than $ for the next year and greater than $ for the year after. Alppendin A-1 Future Value of a Single Amount ($1 at the End of n Periods) (Used to Compute the Compounded Future Value of a Known Lump Sum) 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 1. 1.0100 1.0200 20% 1.0300 1.0400 1.0500 1.0600 1.0700 1.0800 1.0900 1.1000 1.1100 1.1200 1.1300 1.1400 1.1500 1.1600 1,1700 1.0201 1.1800 1.2000 1.0404 1.1900 1.0609 1.0816 1.1025 1.1236 1.1449 1.1664 1.1881 1.2100 1.2321 1.2544 1.2769 1.2996 13225 1.3456 13689 1.3924 3. 1.4161 1.4400 1.0303 1.0612 1.0927 1.1249 1.1576 1.1910 1.2250 1.2597 1.2950 13310 13676 1.4049 1.4429 1.4815 1.5209 1.5609 1.6016 1.6430 1,6852 1.0406 17280 1.0824 1.1255 1.1699 1.2155 1.2625 1.3108 13605 1.4116 1.4641 1.5181 1.5735 1.6305 1.6890 1.7490 18106 1.8739 1.9388 2.0053 2.0736 1.0510 1.1041 1.1593 12167 1.2763 1.3382 1.4026 1.4693 1.5386 16105 1.6851 1.7623 1.8424 1.9254 2.0114 2.1003 2.1924 2.2878 2.3864 24883 1.0615 1.1262 1.1941 1.2653 13401 1.4185 1.5007 1.5869 1.6771 1.7716 1.8704 1.9738 2.0820 2.1950 2.3131 24364 2.5652 2.6996 28398 2.9860 1.0721 1.1487 1.2299 1.4071 1.3159 1.5036 1.6058 1.7138 1.8280 1.9487 2.0762 22107 2.3526 2.6600 2.5023 2.8262 3.0012 3.1855 3.3793 3.5832 1.0829 1.1717 1.2668 1.3686 1.4775 1.5938 1.7182 1.8509 1.9926 2.1436 2.3045 2.4760 2.6584 2.8526 3.0590 3.2784 35115 3.7589 4.0214 4.2998 1.0937 1.1951 1.3048 1.4233 1.5513 6895 1.8385 1.9990 2.1719 2.3579 2.5580 3.0040 2.7731 3.2519 3.5179 3.8030 4.1084 4.4355 4.7854 5.1598 10 1.1046 1.2190 1.3439 1.4802 1.6289 1.7908 1.9672 2.1589 2.3674 2.5937 2.8394 3.1058 3.3946 3.7072 4.0456 4,4114 4.8068 5.2338 5.6947 6.1917 11 1.1157 1.2434 1.3842 1.5395 1.7103 1.8983 2.1049 2.3316 2.5804 2.8531 3.1518 3.4785 3.8359 4.2262 4.6524 6.1759 5.1173 5.6240 6.7767 74301 12 L1268 1.2682 1.4258 2.0122 1.6010 1.7959 2.2522 25182 2.8127 3.1384 3,4985 3.8960 4.3345 4.8179 5.3503 5.9360 6.5801 8.0642 7,2876 8.9161 1.1381 13 1.2936 1.4685 1.6651 1.8856 27196 2.1329 2.4098 3.0658 3.8833 3.4523 4.3635 4.8980 5.4924 6.1528 6.8858 76987 8.5994 9.5964 106993 14 1.1495 1.3195 1.7317 1.5126 1.9799 2.2609 2.5785 2.9372 3.3417 3.7975 4.3104 4,8871 5.5348 6.2613 7.0757 7.9875 9.0075 10.1472 11.4198 128392 15 1.1610 1.3459 1.5580 1,8009 2.0789 2.3966 2.7590 3.1722 3.6425 4.1772 4.7846 5.4736 6.2543 7.1379 8.1371 9.2655 10.5387 13.5895 15.4070 11.9737 16 1.1726 1.3728 1.6047 1.8730 2.1829 2.5404 2.9522 3.4259 3.9703 4.5950 5.3109 7.0673 1372 6.1304 9.3576 10.7480 123303 14.1290 16.1715 18.4884 17 1.1843 1.6528 1.4002 1.9479 2.2920 2.6928 3.1588 4.3276 3.7000 5.0545 5.8951 6.8660 7.9861 9.2765 12.4677 16.6722 10.7613 14.4265 19.2441 22.1861 18 1.1961 1.4282 1.7024 2.0258 2.4066 2.8543 3.3799 3.9960 4.7171 5.5599 6.5436 7.6900 9.0243 10.5752 123755 19.6733 14.4625 16.8790 22.9005 26.6233 19 1.2081 1.4568 1.7535 3.0256 4.3157 7.2633 8.6128 2.1068 2.5270 3.6165 5.1417 6.1159 10.1974 12.0557 14,2318 16.7765 19.7484 23.2144 27.2516 31.9480 6.7275 20 1.2202 1.4859 1.8061 2.1911 4.66 10 5.6044 8.0623 9.6463 11.5231 13.7435 16.3665 38.3376 2.6533 3.2071 3.8697 19.4608 23. 1056 27.3930 32.4294 1.5157 5.0338 2,4002 8.9492 10 8038 13.0211 15.6676 46.0051 21 1,2324 1.8603 2.2788 2.7860 3.3996 4.1406 6.1088 18.8215 22.5745 27.0336 323238 38.5910 12.1003 14.7138 17.8610 22 1,2447 1.5460 1.9161 2.9253 5.4365 6.6586 8.1403 9.9336 21.6447 26.1864 31.6293 38.1421 45.9233 2.3699 3.6035 4.4304 195561 13.5523 24.8915 1.9736 7.2579 8.9543 11.0263 16.6266 20 3616 30.3762 37.0062 45.006 S4.6487 66.2474 23 1.2572 1.5769 2.4647 3.0715 3.8197 4.7405 5.8715 12 2392 65.0320 79.4968 7.9111 94497 15.1786 18.7881 23.2122 28.6252 35.2364 43.2973 53.1090 1.2697 1.6084 2.0328 2.5633 3.2251 5.0724 6.3412 24 4.0489 77.3881 95.3962 13.5855 17.0001 21.2305 26.4619 32.9190 40.8742 50 6578 626686 3.3864 8.6231 10.8347 25 1.2824 1.6406 2.0938 2.6658 4.2919 5.4274 6.8485 114.4755 23.9490 92.0918 15.0799 19.0401 23.9905 30.1666 37.8568 47.4141 59.2697 1.9182 1.2953 1.6734 2.1566 3.5557 4.5494 5.8074 7.3964 9.3992 26 1373706 87.2508 109. 5893 27.1093 34 3899 43.5353 55.0004 69455 2.9881 10.2451 13.1100 16.7386 213249 37335 4.8223 6.2139 27 1.3082 1.7069 2.2213 2.8834 130 4112 161.9447 81.1342 102.9666 306335 39.2045 50.0656 63.8004 14.4210 18 5799 238819 8.6271 11.1671 1.3213 1.7410 2.2879 2.9987 3.9201 5.1117 6.6488 28 155. 1893 1978136 121.5005 44.6931 $7.5755 74.0085 94.9271 26.7499 346158 106217 4.1161 9.3173 12.1722 15.8631 1,3345 1.7758 2.3566 3.1187 54184 7.1143 29 1846753 2373763 8S.8499 111.0647 143.3706 66.2118 39.115 50.9502 174a94 10.0627 13.2677 2.4273 32434 43219 5.7435 16123 30 1.3478 1.8114 1051.668 1469.72 750 3783 0510 13216 188.883526? 8635 476.7212 45.7593 65 0000 14.9745 21.7245 31.4094 3.2620 4.80 10 7.0400 10.2857 40 1.4889 2.2080 588.914 9100,438 3927.357 2566.215 289.0022 410 2959 200 2310 10657 1670 004 184.564H 29 A570 74.3575 117.190) 11.4674 18.4202 46.9016 2.6016 4.3839 7.1067 1.6446 50