Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} hline Period & 125 & 13V & 14v & 15s & 16v & 17v & 18s & 19v & 205 & 258 & 30s

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Period & 125 & 13V & 14v & 15s & 16v & 17v & 18s & 19v & 205 & 258 & 30s \\ \hline 1 & 1.120 & 1.130 & 1.140 & 1.150 & 1.160 & 1.170 & 1.180 & 1.190 & 1.200 & 1.250 & 1.300 \\ \hline 2 & 1.254 & 1.277 & 1.300 & 1.323 & 1.346 & 1.369 & 1.392 & 1.416 & 1.448 & 1.563 & 1.690 \\ \hline 3 & 1.405 & 1.443 & 1.482 & 1.521 & 1.561 & 1.602 & 1.643 & 1.685 & 1.728 & 1.953 & 2.197 \\ \hline 4 & 1.574 & 1.630 & 1.689 & 1.749 & 1.811 & 1.874 & 1.939 & 2.005 & 2.074 & 2.441 & 2.856 \\ \hline 5 & 1.762 & 1.842 & 1.925 & 2.011 & 2.100 & 2.192 & 2.288 & 2.386 & 2.488 & 3.252 & 3.713 \\ \hline 6 & 1.974 & 2.082 & 2.195 & 2.313 & 2.436 & 2.565 & 2.700 & 2.840 & 2.986 & 3.815 & 4.827 \\ \hline 7 & 2.211 & 2.353 & 2.502 & 2.660 & 2.826 & 3.001 & 3.185 & 3.379 & 3.583 & 4.768 & 6.275 \\ \hline 8 & 2.476 & 2.658 & 2.853 & 3.059 & 3.278 & 3.511 & 3.759 & 4.021 & 4.360 & 5.960 & 8.157 \\ \hline 9 & 2.773 & 3.004 & 3.252 & 3.518 & 3.803 & 4.108 & 4.435 & 4.785 & 5.160 & 7.451 & 10.604 \\ \hline 10 & 3.106 & 3.395 & 3.707 & 4.846 & 4.411 & 4.887 & 5.234 & 5.695 & 6.192 & 9.313 & 13.786 \\ \hline 11 & 3.479 & 3.836 & 4.226 & 4.652 & 5.117 & 5.624 & 6.176 & 6.777 & 7.430 & 11.642 & 17.922 \\ \hline 12 & 3.896 & 4.335 & 4.818 & 5.350 & 5.936 & 6.580 & 7.288 & 8.064 & 8.916 & 14.552 & 23.298 \\ \hline 13 & 4.363 & 4.898 & 5.492 & 6.153 & 6.886 & 7.699 & 8.599 & 9.596 & 10.699 & 18.190 & 30.288 \\ \hline 14 & 4.887 & 5.535 & 6.261 & 7.076 & 7.988 & 9.007 & 10.147 & 11.420 & 12.839 & 22.737 & 39.374 \\ \hline 15 & 5.474 & 6.254 & 7.138 & 8.137 & 9.266 & 10.539 & 11.974 & 13.590 & 15.407 & 26.422 & 51.185 \\ \hline 16 & 6.130 & 7.667 & 8.137 & 9.358 & 10.748 & 12.330 & 14.129 & 16.172 & 18.488 & 35.527 & 66.542 \\ \hline 17 & 6.866 & 7.986 & 9.276 & 10.761 & 12.468 & 14.426 & 16.672 & 19.244 & 22.186 & 44,469 & 86.584 \\ \hline 18 & 7.690 & 9.024 & 16.575 & 12.375 & 14.463 & 16.879 & 19.673 & 22.901 & 26.623 & 55.511 & 112.455 \\ \hline 19 & 8.613 & 10.197 & 12.056 & 14.232 & 16.777 & 19.748 & 23.214 & 27.252 & 31.948 & 69.389 & 146.192 \\ \hline 20 & 9.646 & 11.523 & 13.743 & 16.367 & 19.461 & 23.106 & 27.393 & 32.429 & 38.338 & 86.736 & 190.050 \\ \hline 25 & 17.600 & 21.231 & 26.462 & 32.919 & 40.874 & 50.658 & 62.669 & 77.388 & 95.396 & 264.698 & 705.641 \\ \hline 30 & 29.960 & 39.116 & 50.95 & 66.212 & 85.850 & 111.665 & 143,371 & 184.675 & 237.376 & 807.794 & 2,619.996 \\ \hline 40 & 93.051 & 132.782 & 188.884 & 267.864 & 378.721 & 533,869 & 750.378 & 1,051.668 & 1,469.772 & 7,523.164 & 6436,118,865 \\ \hline 50 & 289.002 & 450.736 & 700.233 & 1.083 .657 & 1,670.704 & 2,566,215 & 3,927.357 & 5.988 .914 & 49.100 .438 & 870,064.923 & 23497,929.223 \\ \hline \end{tabular} What amount would you have if you deposited $2.500 a year for 30 years at 8 percent (compounded annually)? (Exhibit 1:A, Exhibit 1. B. Exhibit 1-C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places. Exhibit 1-A Future Value (Compounded Sum) of \$1 after a Given Number of Time Periods \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Period & 15 & 2v & 35 & 45 & 55 & 6v & 78 & 8v & 9V & 10s & 110 \\ \hline 1 & 1.010 & 1.020 & 1.030 & 1.040 & 1.050 & 1.060 & 1.070 & 1.080 & 1.096 & 1.100 & 1.110 \\ \hline 2 & 1.020 & 1.040 & 1.061 & 1.082 & 1.103 & 1.124 & 1.145 & 1.166 & 1.188 & 1.210 & 1.232 \\ \hline 3 & 1.030 & 1.061 & 1.093 & 1.125 & 1.158 & 1.191 & 1.225 & 1.260 & 1.295 & 1.331 & 1.368 \\ \hline 4 & 1.041 & 1.082 & 1.126 & 1.170 & 1.216 & 1.262 & 1.311 & 1.360 & 1.412 & 1.464 & 1.518 \\ \hline 5 & 1.051 & 1.104 & 1.159 & 1.217 & 1.276 & 1.338 & 1.403 & 1.469 & 1.539 & 1.611 & 1.685 \\ \hline 6 & 1.062 & 1.126 & 1.194 & 1.265 & 1.340 & 1.419 & 1.501 & 1.587 & 1.677 & 1.772 & 1.878 \\ \hline 7 & 1.072 & 1.149 & 1.230 & 1.316 & 1.407 & 1.564 & 1.606 & 1.714 & 1.828 & 1.949 & 2.076 \\ \hline 8 & 1.083 & 1.172 & 1.267 & 1.369 & 1.477 & 1.594 & 1.718 & 1.851 & 1.993 & 2.144 & 2.305 \\ \hline 9 & 1.094 & 1.195 & 1.305 & 1.423 & 1.551 & 1.689 & 1.838 & 1.999 & 2.172 & 2.358 & 2.558 \\ \hline 10 & 1.105 & 1.219 & 1.344 & 1.488 & 1.629 & 1.791 & 1.967 & 2.159 & 2.367 & 2.594 & 2.839 \\ \hline 11 & 1.116 & 1.243 & 1.384 & 1.539 & 1.710 & 1.898 & 2.105 & 2.332 & 2.580 & 2.853 & 3.152 \\ \hline 12 & 1.127 & 1.268 & 1.426 & 1.601 & 1.796 & 2.012 & 2.252 & 2.518 & 2.813 & 3.138 & 3.498 \\ \hline 13 & 1.138 & 1.294 & 1.469 & 1.665 & 1.886 & 2.133 & 2.410 & 2.720 & 3.866 & 3.452 & 3.883 \\ \hline 14 & 1.149 & 1.319 & 1.513 & 1.732 & 1.988 & 2.261 & 2.579 & 2.937 & 3.342 & 3.797 & 4.310 \\ \hline 15 & 1.161 & 1.346 & 1.558 & 1.801 & 2.079 & 2.397 & 2.759 & 3.172 & 3.642 & 4.177 & 4.785 \\ \hline 16 & 1.173 & 1.373 & 1.605 & 1.873 & 2.183 & 2.540 & 2.952 & 3.426 & 3.970 & 4.595 & 5.311 \\ \hline 17 & 1.184 & 1.400 & 1.653 & 1.948 & 2.292 & 2.693 & 3.159 & 3.700 & 4.328 & 5.054 & 5.895 \\ \hline 18 & 1.196 & 1.428 & 1.702 & 2.026 & 2.487 & 2.854 & 3.380 & 3.996 & 4.717 & 5.560 & 6.544 \\ \hline 19 & 1.208 & 1.457 & 1.754 & 2.107 & 2.527 & 3.026 & 3.617 & 4.316 & 5.142 & 6.116 & 7.263 \\ \hline 20 & 1.220 & 1.486 & 1.806 & 2.191 & 2.653 & 3.207 & 3.870 & 4.661 & 5.604 & 6.727 & 8.062 \\ \hline 25 & 1.282 & 1.641 & 2.094 & 2.666 & 3.386 & 4.292 & 5.427 & 6.848 & 8.623 & 10.835 & 13.585 \\ \hline 30 & 1.348 & 1.811 & 2.427 & 3.243 & 4.322 & 5.743 & 7.612 & 10.063 & 13.268 & 17.449 & 22.892 \\ \hline 48 & 1.489 & 2.208 & 3.262 & 4.801 & 7.840 & 10.286 & 14.974 & 21.725 & 31.469 & 45.259 & 65.001 \\ \hline 50 & 1.645 & 2.692 & 4.384 & 7.107 & 11.467 & 18.420 & 29.457 & 46.902 & 74.358 & 117.391 & 184.565 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Period & 15 & 2v & 3v & 4s & 5) & 65 & 7v & 85 & 9x & 10V & 11N & 12v \\ \hline 1 & 0.990 & 0.980 & 0.971 & 0.962 & 0.952 & 0.943 & 0.935 & 0.926 & 0.917 & 0.909 & 0.901 & 1.6980.893 \\ \hline 2 & 1.978 & 1.9420.900 & 1.9130.971 & 1.886 & 1.859 & 1.833 & 1.8eB & 1.783 & 1.759 & 2.4871.736 & 2.4441.713 & 1.6902.402 \\ \hline 3 & 2.941 & 2.884 & 2.829 & 2.775 & 2.723 & 2.673 & 2.624 & 2.577 & 2.5313.240 & 2.4873.170 & 3.1022.444 & 2.4023.837 \\ \hline54 & 3.902 & 3.888 & 4.5893.717 & 3.630 & 3.5462.723 & 3.465 & 4.1603.387 & 3.3123.993 & 3.8903.240 & 3.7913.176 & 3.6963.102 & 3.6053.837 \\ \hline65 & 4.8535.795 & 4.7135.681 & 4.5885.417 & 5.24.4 & 4.3295.876 & 4.9174.212 & 4.7674.176 & 4.6233.993 & 4.486 & 4.3553.191 & 4.2313.696 & 3.6654.111454 \\ \hline76 & 6.7285.795 & 6.4725.631 & 6.2305.417 & 6.0025.242 & 5.7865.876 & 4.9115.582 & 5.389 & 5.2264.623 & 5.0334.486 & 4.868 & 5.124.712 & 4.564 \\ \hline87 & 7.6526.728 & 7.3256.412 & 7.026.23 & 6.733 & 6.4635.766 & 6.2103.582 & 5.9713.369 & 5.7475.200 & 5.535 & 5.3355.759 & 5.5375.146 & 4.968.328 \\ \hline98 & 8.5661.632 & 8.162 & 7.786 & 7,4 & 7.1080.405 & 6.8020.210 & 6.5155.911 & 6.247 & 5.4185.995 & 6.1455.759 & 5.8895.537 & 3.328.659 \\ \hline 18 & 9.478.30 & 8.983 & 8.530 & 8.111.45 & 7.7221.160 & 7.360 & 7.024 & 7.1396.710 & 6.8256.418 & 6.4956.145 & 6.2075.889 & 5.9385.650 \\ \hline 11 & 10.368 & 8.98 & 9.2530.330 & 8.760 & 8.3e67.722 & 7.887 & 7.4997.943 & 7.5367.139 & 7.1616.007 & 6.8146.493 & 6.4926.201 & 6.1945.938 \\ \hline1211 & 11.25510.000 & 10.579.70 & 9.2539.954 & 9.3850.100 & 8.8 & 8.354 & 7.9438.358 & 7.9847.536 & 7.4877.101 & 7.1036.814 & & 6.4246.194 \\ \hline1312 & 12.13411.253 & 11.348 & 10.69.9 & 9.986 & 9.39.8 & 8.8539.295 & 8.7458.350 & 8.2447.984 & 7.7861.481 & 7.367 & & 6.8116.628 \\ \hline 14 & 13,0012,134 & 12.10611.346 & 11.29 & 18.563 & 9.89910.380 & 9.7129.295 & 9.1888.143 & 8.559 & & 7.686 & & 6.9746.811 \\ \hline1615 & 13.8 & 12.849 & 12.56111.938 & 11.11811.652 & 10.83810.350 & 10.1069.712 & 9.4479.160 & 8.851 & 8.313 & 7.8248.022 & 7.5497.379 & 7.1206.974 \\ \hline1716 & 14.71 & 13.57814.292 & 13.16612.561 & 12.1611.65 & 11.27410.850 & 10.47710.206 & 9.4479.763 & & 8.7568.544 & 8.2018.022 & 7.7027.549 & 7.1207.250 \\ \hline1817 & 16.39815.562 & 14,99214.292 & 13.75413.160 & 12.659 & 11.69011.274 & 10.828 & 18. & 9.3729.684 & 8.9508.756 & & 7.839 & 7.366 \\ \hline1918 & 17.216.3 & 15.67814.992 & 14.313.75 & 13.134 & 12.88511.0 & & 10.510.3 & 9.9. & 9.129 & & & 7.469 \\ \hline2019 & 18.0417.22 & 16.3 & 14.814.3 & 13.598 & 14.812.4 & 12.78311.470 & 11.610.5 & & 9.823 & 9.077 & 8.6948.422 & 8.0557.843 \\ \hline 25 & 22.6218.04 & & 17.4 & 17.29215.622 & 15.314.8 & 13.12. & 12.411.6 & 11.25810.67 & 10.274 & 9.4279.779 & & 8.0558.244 \\ \hline4020 & 25.8022.02 & 22.39619.433 & 23.11519.600 & 19.79317.292 & 17.15915.372 & 13.15315.046 & 13.332 & 12.23311.925 & 10.96210.757 & 9.9159.779 & 9.642 & 8.384 \\ \hline5040 & \begin{tabular}{|r|} 32.835 \\ 39.196 \\ \end{tabular} & 31.42427.355 & 25.73023.113 & 21.482 & 18.256 & 15.762 & 13.801 & & & & & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

Define Management or What is Management?

Answered: 1 week ago

Question

What do you understand by MBO?

Answered: 1 week ago