Beverly and Kyle currently insure their cars with separate companies, paying $550 and $585 a year. If they insured both cars with the same company, they would save 20 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 6 percent? Use Exhibit 18 (Do not round intermediate calculations. Round time value factor to 3 decimal ploces and final answer to 2 decimal places.) Exhit 1-e Future value (compounded sum) of $1 paid in at the end of each period for a given number of time periods (an annuity) \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Friod & 18 & m & 36 & 45: & 6 & ox & ts & & n & 10x & 111,c3 \\ \hline 1 & 1.000 & 1.000 & 1.000 & 1000 & 1.000 & 1.006 & 1.000 & 1005 & 1.000 & 1.000 & 1.000 \\ \hline 3 & & & & 2.090 & 2.050 & ronch & 2.070 & 2000 & 2.000 & 2700 & 2710 \\ \hline 3 & 3000 & & 5.021 & 2.123 & 3.150 & 3104 & 3nis & 3.746 & 5278 & 7.510 & 3.34 \\ \hline 4 & 4060 & 4.122 & 4.t104 & & 4.310 & 4375 & 4.440 & 4.506 & 4.574 & & 4.720 \\ \hline 5 & 5101 & 3200 & 5300 & 5416 & 5.326 & & & 3.860 & 59253 & 6.103 & 6.220 \\ \hline 6 & 6132 & 0.108 & 0.405 & 0639 & 6.502 & 69 & 1.130 & rose & 1325 & 1010 & 2411 \\ \hline 7 & 7214 & 7.430 & 7.602 & & a.142 & Esya & & 6.923 & 9.200 & 9481 & 9.701 \\ \hline E & anes & & & 921 & 8540 & 9607 & 100 & 10.677 & 11.07 & 1143 & \\ \hline 9 & & & 10,150 & & 11.03 & 11: & 11078 & 12.4 in & 13021 & & 14.164 \\ \hline 10 & 10.159 & 10,050 & IIAEA & 12005 & 1257 & 13.101 & 1306 & 14487 & B. 193 & 15.937 & 15.722 \\ \hline 11 & 113% & 12.160 & 12.006 & 13.436 & 14.200 & 14.972 & 15%84 & 10.045 & 17.560 & 16.531 & 19501 \\ \hline 12 & 12085 & 13,112 & & 15020 & 13017 & & & 10.97 & 20111 & 21301 & 212 \\ \hline 13 & 13.800 & 24600 & 15616 & 16.62 & & 16.802 & 20.141 & 21.495 & 22.953 & 24.523 & 26.21 \\ \hline 14 & 10.32 & 1507 & 1700N & & & 21,015 & n550 & 24,75 & 26arg & & \\ \hline 15 & 15%7 & 172 & & & & & & 27,159 & W.201 & 3177 & \\ \hline 16 & 17250 & & 20137 & 2105 & 22657 & 23,072 & & 30.124 & & 35,950 & 39.190 \\ \hline 27 & 28.430 & 20.012 & 21.762 & 23.00 & & 20215 & 30.040 & 33.750 & 30.974 & 60.545 & 41501 \\ \hline In & trom & 21.112 & 2011 & & 20.132 & 30900 & 3,999 & & 41.301 & 12394 & 30.590 \\ \hline 19 & 20.611 & 22041 & 25.114 & & & 33160 & 3.3/0 & 41.146 & 96.010 & 51.15% & \\ \hline 20 & 22019 & 2407 & & 29.770 & 3 robe & 30.7BD & & 45762 & 51160 & 57275 & 64703 \\ \hline 35 & & 3x00 & & & arm & & & 7x+0 & 04701 & man & \\ \hline 80 & 39745 & 8096 & 47375 & 56005 & 66439 & 7505g & CRA61: & 113.267 & 136300 & 1644ma & 100.021 \\ \hline & Astits & 60002 & 75401 & & 120000 & 13.762 & 100035 & 250.037 & & 442.590 & 501820 \\ \hline 36 & & 835 & 112xy & 132067 & 20%348 & 240,396 & 106326 & 37770 & & 1163909 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|} \hline Funces & 123 & & 4 & 15% & 76x & nx & ax & 1% & 20% & 26% & 30% \\ \hline 1 & 1000 & 1000 & 1000 & 1.000 & 1000 & 1.000 & 1000 & 1000 & 1.000 & 1.000 & 1000 \\ \hline 2 & 2124 & & 2100 & & 2100 & 2.10 & 1 .180 & & 2.200 & 20 & 2.900 \\ \hline 3 & & 3007 & 3.440 & 3472 & 3506 & 3539 & 35/2 & 3606 & 3040 & & 2.990 \\ \hline 4 & arro & AnSO & 4021 & & 5006 & 5 & s.25 & 5301 & 33662 & & 6+107 \\ \hline 5 & & & 6610 & & 6077 & & & & 7442 & & 5041 \\ \hline 6 & E.115: & & & & & & 974 & & & 11.250 & 12756 \\ \hline 2 & 10002 & 10400 & 10070 & 1106 & & 1172 & 12142 & 12323 & 12.916 & 15.072 & \\ \hline 8 & & & Drag & & 1 & & & 15902 & 10.0v & ivoli2 & 10050 \\ \hline 9 & 14.716 & 15+16 & 10065 & 16700 & & 10203 & 19020 & 10923 & 20/199 & 25 & 12013 \\ \hline 36 & Irsan & & 10I4 & & & 2230: & 39321 & & & 3925 & \\ \hline i1 & & & & 32502 & 3521 & 37500 & & 70.406 & & 45 & 56405 \\ \hline 32 & & : & & & & & & & & 56.206 & 78027 \\ \hline 12 & 20020 & & 3200 & 3035: & 3676 & & 12.210 & 524 & 40.07 & 6070 & \\ \hline 19 & mm & & & & 320/2 & & Sustad & & & & \\ \hline 1) & 31250 & & & & 3106 & T.110 & 60.505 & 661 & 12003 & 100cod & 107.706 \\ \hline 16 & wosy & wenn & & & 60.25 & & & 70050 & & & \\ \hline 17 & An & & & 6ats & 7167 & & atima & & 305011 & 171676 & motota \\ \hline 18 & 55750 & nIms: & & & & 98.000 & Tarrao & & Datiy & & \\ \hline 19 & grand & Koval & & 6.212 & 90603 & 110205 & 123.419 & 136.166 & & 27359 & \\ \hline 29 & 7205 & & & & & boust & & 165416 & 190085 & & \\ \hline 2 & & & & 12703 & 240.11 & & & & mow1 & & \\ \hline 30 & & & 396.7in & & 310.917 & expou & 70009 & oebriz & Tiar & & arevist \\ \hline 4a & 38mm2 & & & 17000 & & & & & & & \\ \hline 39 & ragoro: & 455307 & & & & & & 31505800 & & roys5 ma1 & \\ \hline \end{tabular}