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Carla Lopez deposits $1,700 a year into her retirement account. If these funds have an average earnings of 5 percent over the 40 years until
Carla Lopez deposits $1,700 a year into her retirement account. If these funds have an average earnings of 5 percent over the 40 years until her retirement, what will be the value of her retirement account at the time she retires? Use Exhibit 1-B. (Round your FVA factor to 3 decimal places and final answer to the nearest whole dollar.) Future value of retirement account Exhibit 1-B Future Value (Compounded Sum) of $1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) Period 5% 1 6% 1 9% 1 10% + 11% 1 1 1 1 1 1 1% 1 201 3.00 204 200 21 3.06 3% 1 203 3.001 4.184 6.500 6468 3.184 3.215 3246 3.278 3.31 3.342 3122 4245 8416 3.155 431 4 4573 471 6 6101 6.100 6 6.162 5204 6 308 7.434 6633 6701 7.159 8654 7.623 7.716 7913 7 7214 6802 8.162 540 7552 9.783 6.975 8.504 9.397 11.491 9214 17.30 10 150 11978 12.458 13679 14.164 10.583 12 000 13.021 15 195 10 10.462 1127 12.678 14207 1095 13816 14.457 16722 13 181 14972 15937 18650 11 12160 15784 19 061 12 12685 13.412 14192 15.026 15917 16.87 17 888 18 977 21384 22713 13 13 800 15616 16 527 18.682 20141 21496 22953 25 212 17 713 19.000 14 14047 18.20 21015 26010 5000 16 16.097 20024 21 679 29 351 31.772 34.405 18.000 20 157 16 17250 21825 2700 24 215 27.152 30394 33.75 3745 25 573 28215 30 906 39 19 44001 17 15074 17.293 18650 20.012 21.412 2241 24297 3203 56974 40 545 18 19615 25 645 28.132 60306 19 20 811 27571 30 650 3976 66990 23 414 25 117 26.67 36.450 47 575 7501 22019 41 301 16010 01.16 84.701 8 28 243 41646 37 370 4099 63240 04461 190 650 36.36 54.366 700 154.762 73.105 113200 51100 67 278 98 347 164494 442005 1163 900 114.413 190 001 4785 40 95.00 S872 60402 84.579 1200 200 348 8 64 463 112 797 290.335 673.77 815084 1668 771 Period 12% 15% 17% 19% 20% 25% 306 16% 1 1 1 1 1 1 1 1 1 1 1 1 2 212 2:17 2.10 210 22 23 215 3407 214 3:44 2.15 3.473 3 3.374 3.672 3605 3.813 4 4779 5215 5766 6.187 904 6742 7014 7207 7842 7154 9442 6 8.115 8.754 12.756 11 200 1507 7 10.000 11067 8.977 11.414 1424 12 142 12.523 12916 10.405 12757 17 63 4921 661 8536 1073 13.235 16 000 19337 23040 11.772 14773 0 123 15 902 16.99 19.542 13 727 16.756 . 14776 15 416 17.619 18.286 19086 22.015 19.923 24700 10 17 540 21 321 33260 42619 182 21 614 2565 20304 24340 20.799 25 950 3216 22 393 272 23 521 20760 11 12 24 135 27 271 30.86 34931 3718 39.581 18297 13 28020 29955 3432 36706 39.604 97 625 42219 30610 4524 54541 14 203 40 500 47103 36949 127 013 16 5166 72036 109667 167 206 06.11 66 649 16 42753 45 672 6096 55717 72 930 7985 138 109 218 472 87 442 505050 17 434 65075 7697 50 110 58 394 206054 371615 18 5675 75.83 STOG 108.74 123 414 61 726 70 70 218045 93 406 110205 19 78.960 88 212 15474 71 673 84.141 95 603 1163 240.214 630 312 115206 138. 165 165 416 402.012 273506 542045 20 72062 30 DIT 01026 100444 650 165 156.62 181871 212.795 342.600 471961 1054791 2348 803 133 334 241130 293 190 356787 292.105 647 470 3134522 790 940 955 712 118182 3927 174 8729 985 40 1013704 1542020 1779 00 2360757 4163213 30068656 1201003 767001 2100018 3400 607 4904621 7217 716 10436 549 16089 502 21813004 31615.335 45497191 280266693 1669760 743
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