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eBook Do the Math 8-2 Value of Shopping Carefully James Canter of Auburn, Alabama, is a good shopper. He always compares shops and uses coupons

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eBook Do the Math 8-2 Value of Shopping Carefully James Canter of Auburn, Alabama, is a good shopper. He always compares shops and uses coupons every week. James figures he saves at least $40 a month as a result. Assuming an interest rate of 3 percent, what is the future value of this amount over ten years? Round your answer to the nearest cent. (Hint: Use Appendix A-3.) Round Future Value of a Series of Equal Amounts in intermediate calculations to four decimal places. Future Value of a series of Equal Amounts (an Annuity OT 5T Paid at the End Of Each Period) (Used to compute the compounded Future Value of a Stream of Income Payments) 1194 125 n 1 2 3 1% 2% 10000 10000 2010 2020 30301 30604 16% 10000 17% 10000 18% 10000 19% 10000 20%. 10000 10000 10000 2100 3576 16100 4 408041216 4 6393 5 51010 2010 66157053051 7 72135 743 B 257 85830 365 9750 1000 11 11 1167 122 11 110 X 14 15 110 1296 3% 4% 5% 10000 1000 10000 1000 10000 100 0 000 20300 20000 2000 2000 2.700 2000 20000 3090931216 3.15253.836 3.21 10 71 416 42565 3101 316 4489 5061 5731 53091 41 6 6 707 56 59847 64684 66330 6801959753 7.1533 73391 51 760 T3 10 18 5 4 2392147 95651 20529067011 1991 110 111 11.5 12.0 1 .595 116120061125778 116 1 15 150 2 4864 1020681916 15 15.6455 12.500 5 19 150 159171 16 12 21 1 1 6116 117110 14 345 10151 0 0 0 011 110 111 11 1 6 10 132 555 97068 9.00 OTROS 1106114 11 7720 121015 158 1797 12.753 13 0 1570 15000 1616 1757 154152 16 7 1934 16220 12 141 20 20 10 206516 57 > 1 650 0 00 1300 62115 No 600 000 102 1040 W 2014 2015 0 15592 5019 111 18196146 190 6 5116126712 2000 0 1 115 29 28 1167 15400 15164630 5500 1 23 706

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