Carla Lopez deposits $3,200 a year into her retirement account If these funds have average earnings of 6 percent over the 40 years until her retirement, what will be the value of her retirement account Use Exhibit 1 B (Round your discount factor to 3 decimal places and final answer to the nearest whole dollar ) Period 1 2 3 4 5 6 7 8 9 10 11 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 2 2 010 2 020 2 030 2 040 2 050 2 060 2 070 2 080 2 090 2 100 2 110 3 3 030 3 060 3 091 3 122 3 153 3 184 3 215 3 246 3 278 3 310 3 342 4 4 060 4 122 4 184 4 246 4 310 4 375 4 440 4 506 4 573 4 641 4 710 5 5 101 5 204 5 309 5 416 5 526 5 637 5 751 5 867 5 985 6 105 6 228 6 6 152 6 308 6 468 6 633 6 802 6 975 7 153 7 336 7 523 7 716 7 913 7 7 214 7 434 7 662 7 898 8 142 8 394 8 654 8 923 9 200 9 487 9 783 8 8 286 8 583 8 892 9 214 9 549 9 897 10 260 10 637 11 028 11 436 11 859 9 9 369 9 755 10 159 10 583 11 027 11 491 11 978 12 488 13 021 13 579 14 164 10 10 462 10 950 11 464 12 006 12 578 13 181 13 816 14 487 15 193 15 937 16 722 11 11 567 12 169 12 808 13 486 14 207 14 972 15 784 16 645 17 560 18 531 19 561 12 12 683 13 412 14 192 15 026 15 917 16 870 17 888 18 977 20 141 21 384 22 713 13 13 809 14 680 15 618 16 627 17 713 18 882 20 141 21 495 22 953 24 523 26 212 14 14 947 15 974 17 086 18 292 19 599 21 015 22 550 24 215 26 019 27 975 30 095 15 16 097 17 293 18 599 20 024 21 579 23 276 25 129 27 152 29 361 31 772 34 405 16 17 258 18 639 20 157 21 825 23 657 25 673 27 888 30 324 33 003 35 950 39 190 17 18 430 20 012 21 762 23 698 25 840 28 213 30 840 33 750 36 974 40 545 44 501 18 19 615 21 412 23 414 25 645 28 132 30 906 33 999 37 450 41 301 45 599 50 396 19 20 811 22 841 25 117 27 671 30 539 33 760 37 379 41 446 46 018 51 159 56 939 20 22 019 24 297 26 870 29 778 33 066 36 786 40 995 45 762 51 160 57 275 64 203 25 28 243 32 030 36 459 41 646 47 727 54 865 63 249 73 106 84 701 98 347 114 410 30 34 785 40 588 47 575 56 085 66 439 79 058 94 461 113 280 136 310 164 490 199 020 40 48 886 60 402 75 401 95 026 120 800 154 760 199 640 259 060 337 890 442 590 581 830 50 64 463 84 579 112 800 152 670 209 350 290 340 406 530 573 770 815 080 1,163 900 1,668 800 Period 12 13 14 15 16 17 18 19 20 25 30 1 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 1 000 2 2 120 2 130 2 140 2 150 2 160 2 170 2 180 2 190 2 200 2 250 2 300 3 3 374 3 407 3 440 3 473 3 506 3 539 3 572 3 606 3 640 3 813 3 990 4 4 779 4 850 4 921 4 993 5 066 5 141 5 215 5 291 5 368 5 766 6 187 5 6 353 6 480 6 610 6 742 6 877 7 014 7 154 7 297 7 442 8 207 9 043 6 8 115 8 323 8 536 8 754 8 977 9 207 9 442 9 683 9 930 11 259 12 756 7 10 089 10 405 10 730 11 067 11 414 11 772 12 142 12 523 12 916 15 073 17 583 8 12 300 12 757 13 233 13 727 14 240 14 773 15 327 15 902 16 499 19 842 23 858 9 14 776 15 416 16 085 16 786 17 519 18 285 19 086 19 923 20 799 25 802 32 015 10 17 549 18 420 19 337 20 304 21 321 22 393 23 521 24 701 25 959 33 253 42 619 11 20 655 21 814 23 045 24 349 25 733 27 200 28 755 30 404 32 150 42 566 56 405 12 24 133 25 650 27 271 29 002 30 850 32 824 34 931 37 180 39 581 54 208 74 327 13 28 029 29 985 32 089 34 352 36 786 39 404 42 219 45 244 48 497 68 760 97 625 14 32 393 34 883 37 581 40 505 43 672 47 103 50 818 54 841 59 196 86 949 127 910 15 37 280 40 417 43 842 47 580 51 660 56 110 60 965 66 261 72 035 109 690 167 290 16 42 753 46 672 50 980 55 717 60 925 66 649 72 939 79 850 87 442 138 110 218 470 17 48 884 53 739 59 118 65 075 71 673 78 979 87 068 96 022 105 930 173 640 285 010 18 55 750 61 725 68 394 75 836 84 141 93 406 103 740 115 270 128 120 218 050 371 520 19 63 440 70 749 78 969 88 212 98 603 110 290 123 410 138 170 154 740 273 560 483 970 20 72 052 80 947 91 025 102 440 115 380 130 030 146 630 165 420 186 690 342 950 630 170 25 133 330 155 620 181 870 212 790 249 210 292 110 342 600 402 040 471 980 1,054 800 2,348 800 30 241 330 293 200 356 790 434 750 530 310 647 440 790 950 966 700 1,181 900 3,227 200 8,730 000 40 767 090 1,013 700 1,342 000 1,779 100 2,360 800 3,134 500 4,163 210 5,529 800 7,343 900 30,089 000 120,393 000 50 2,400 000 3,459 500 4,994 500 7,217 700 10,436 000 15,090 000 21,813 000 31,515 000 45,497 000 80,256 000 165,976 000

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Carla Lopez deposits $3,200 a year into her retirement account. If these funds have average earnings of 6 percent over the 40 years until her

Carla Lopez deposits $3,200 a year into her retirement account. If these funds have average earnings of 6 percent over the 40 years until her retirement, what will be the value of her retirement account? Use Exhibit 1-B. (Round your discount factor to 3 decimal places and final answer to the nearest whole dollar.)

Period	1%	2%	3%	4%	5%	6%	7%	8%	9%	10%	11%
1	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000
2	2.010	2.020	2.030	2.040	2.050	2.060	2.070	2.080	2.090	2.100	2.110
3	3.030	3.060	3.091	3.122	3.153	3.184	3.215	3.246	3.278	3.310	3.342
4	4.060	4.122	4.184	4.246	4.310	4.375	4.440	4.506	4.573	4.641	4.710
5	5.101	5.204	5.309	5.416	5.526	5.637	5.751	5.867	5.985	6.105	6.228
6	6.152	6.308	6.468	6.633	6.802	6.975	7.153	7.336	7.523	7.716	7.913
7	7.214	7.434	7.662	7.898	8.142	8.394	8.654	8.923	9.200	9.487	9.783
8	8.286	8.583	8.892	9.214	9.549	9.897	10.260	10.637	11.028	11.436	11.859
9	9.369	9.755	10.159	10.583	11.027	11.491	11.978	12.488	13.021	13.579	14.164
10	10.462	10.950	11.464	12.006	12.578	13.181	13.816	14.487	15.193	15.937	16.722
11	11.567	12.169	12.808	13.486	14.207	14.972	15.784	16.645	17.560	18.531	19.561
12	12.683	13.412	14.192	15.026	15.917	16.870	17.888	18.977	20.141	21.384	22.713
13	13.809	14.680	15.618	16.627	17.713	18.882	20.141	21.495	22.953	24.523	26.212
14	14.947	15.974	17.086	18.292	19.599	21.015	22.550	24.215	26.019	27.975	30.095
15	16.097	17.293	18.599	20.024	21.579	23.276	25.129	27.152	29.361	31.772	34.405
16	17.258	18.639	20.157	21.825	23.657	25.673	27.888	30.324	33.003	35.950	39.190
17	18.430	20.012	21.762	23.698	25.840	28.213	30.840	33.750	36.974	40.545	44.501
18	19.615	21.412	23.414	25.645	28.132	30.906	33.999	37.450	41.301	45.599	50.396
19	20.811	22.841	25.117	27.671	30.539	33.760	37.379	41.446	46.018	51.159	56.939
20	22.019	24.297	26.870	29.778	33.066	36.786	40.995	45.762	51.160	57.275	64.203
25	28.243	32.030	36.459	41.646	47.727	54.865	63.249	73.106	84.701	98.347	114.410
30	34.785	40.588	47.575	56.085	66.439	79.058	94.461	113.280	136.310	164.490	199.020
40	48.886	60.402	75.401	95.026	120.800	154.760	199.640	259.060	337.890	442.590	581.830
50	64.463	84.579	112.800	152.670	209.350	290.340	406.530	573.770	815.080	1,163.900	1,668.800

Period	12%	13%	14%	15%	16%	17%	18%	19%	20%	25%	30%
1	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000	1.000
2	2.120	2.130	2.140	2.150	2.160	2.170	2.180	2.190	2.200	2.250	2.300
3	3.374	3.407	3.440	3.473	3.506	3.539	3.572	3.606	3.640	3.813	3.990
4	4.779	4.850	4.921	4.993	5.066	5.141	5.215	5.291	5.368	5.766	6.187
5	6.353	6.480	6.610	6.742	6.877	7.014	7.154	7.297	7.442	8.207	9.043
6	8.115	8.323	8.536	8.754	8.977	9.207	9.442	9.683	9.930	11.259	12.756
7	10.089	10.405	10.730	11.067	11.414	11.772	12.142	12.523	12.916	15.073	17.583
8	12.300	12.757	13.233	13.727	14.240	14.773	15.327	15.902	16.499	19.842	23.858
9	14.776	15.416	16.085	16.786	17.519	18.285	19.086	19.923	20.799	25.802	32.015
10	17.549	18.420	19.337	20.304	21.321	22.393	23.521	24.701	25.959	33.253	42.619
11	20.655	21.814	23.045	24.349	25.733	27.200	28.755	30.404	32.150	42.566	56.405
12	24.133	25.650	27.271	29.002	30.850	32.824	34.931	37.180	39.581	54.208	74.327
13	28.029	29.985	32.089	34.352	36.786	39.404	42.219	45.244	48.497	68.760	97.625
14	32.393	34.883	37.581	40.505	43.672	47.103	50.818	54.841	59.196	86.949	127.910
15	37.280	40.417	43.842	47.580	51.660	56.110	60.965	66.261	72.035	109.690	167.290
16	42.753	46.672	50.980	55.717	60.925	66.649	72.939	79.850	87.442	138.110	218.470
17	48.884	53.739	59.118	65.075	71.673	78.979	87.068	96.022	105.930	173.640	285.010
18	55.750	61.725	68.394	75.836	84.141	93.406	103.740	115.270	128.120	218.050	371.520
19	63.440	70.749	78.969	88.212	98.603	110.290	123.410	138.170	154.740	273.560	483.970
20	72.052	80.947	91.025	102.440	115.380	130.030	146.630	165.420	186.690	342.950	630.170
25	133.330	155.620	181.870	212.790	249.210	292.110	342.600	402.040	471.980	1,054.800	2,348.800
30	241.330	293.200	356.790	434.750	530.310	647.440	790.950	966.700	1,181.900	3,227.200	8,730.000
40	767.090	1,013.700	1,342.000	1,779.100	2,360.800	3,134.500	4,163.210	5,529.800	7,343.900	30,089.000	120,393.000
50	2,400.000	3,459.500	4,994.500	7,217.700	10,436.000	15,090.000	21,813.000	31,515.000	45,497.000	80,256.000	165,976.000