Beverly and Kyle currently insure their cars with separate companies, paying $670 and $645 a year. If they insured both cars with the same company, they would save 10 percent on the annual premiums. What would be the future value of the annual savings over 10 years based on an annual interest rate of 9 percent Exhibit 1-B. (Do not round intermediate calculations. Round time value factor to 3 decimal places and final answer to decimal places.)

NE LO Exhibit 1-3 Future value (compounded sum) of $1 paid in at the end of each period forgiven number of time periods (an annuity) Pand n 1.000 1.000 1.000 1.000 1.000 1.000 20301 2010 2050 ORDI 2020 3.000 109111 31240 7270 w 0001 005 ROK 00011 LOCO SE 0001 oto 090 LOL'S C KZEE ESUE OT OVOZ SICS OPE ISUS 0001 ISK OECE 2 20 SA 3542 2010 6:28 S 5.204 56526 5.667 JOCS 0999 COCO SO12 5562 6025 52416 683 7.898 5.95 7523 7.70 6.152 7.214 B.286 2 7430 8.50 BE 125 LOE 0026 SEO EBL6 SET 86541 10 260 11.970 69 6 16D IT TOT CE GVO 6 75062 0.02 10.150 11460 12.6001 11.01 13.023 SET 6 OT IT 14104 10.462 10.500 12.000 6002 8.142 9.549 11.027 12578 14.207 1917 17./13 1909 1919 COES 152032 SS26 OSA DE 09112 REDEL 089 1 CRC91 29SIT 9012 ICS 12.4 14.67 16.6451 TRUTT 21.4951 19561 14.972 16.370 18.682 12.653 15.784 17 B 20.1401 1750 201411 2011 BIOS1 CER CE GORCI CCOR 245231 26717 14 15.974 15.00 16.622 1892 20.0241 SIO TZ OSS SAL 14.947 16.092 207010 20.301 OST 25.129 27.157 ST 91 21 ESETZ GC9 17.000 15.599 20.157 21.762 23276 25.07) BI SOLE LIC OCOASE S1812 COOLT OTEC 18.430 2690 25.640 ONS DE DOC OSZE OSZK 39761 40554 44.501 S1961 VILLE SLIEZ 20.012 21.412 22341 24297 006 OC ONEE 61 27.07 3279 51.159 25.117 2010 ASSOC 900 CE CH JO10 51.100 41.446 25. 23.100 GEELS 22015 28.2431 20 25 50 562929 C 114400 OSOZ 09 47.722 5.865 so/ SOODP S9 1910 SE97661 41.640 560 95.020 90347 1604 ISHA 136.00 75.401 C0209 12000 259.05 501 On 05 154.762 2006 OLTAS OASIE CO2 003CTD WEL NEL V PO I 181 1.000 OC DOT 13 1.000 2130 1.000 160 1000 11000 1000 1 2 000 t ORE 1000 2110 NDE 000 OR Or OSTRE 33572 0001 20 005 9305 OLE Jocst IVES DIDE SIES 5 ODOS OS 126 0190 965 ODE 209 0742 1130 CE 2015 LORE 11 COGE 5 COCO 6450 0.115 CE 2010 3127 12 DIVE | 7 690 OT 11.067 12522 15.02 123001 14.770 TO 12257 15766 OS ZO POST 15:27 19. 2528 20 SITE 9 10 PORO 21 ST ser GE 00 PCOS 4700 30.404 56 . IT OSTRE 9 LORA CESE 2014 SA 20,655 OLE CO SED 59.4041 OR CI CE 6-TRA C 152 SLO SEK CE KOSO S. 06 100T 1 29 OT SE 1 90 30.5 9.10 VISS SOS DASZE TOSTI 7.000 52 BILL 10 5110 COT 29 75. PROMO 001 1991 AL RECE HO 10 Se SOIL DEE ED CS RE COS LE GE TO