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Emile is entering high school and is determined to save money for college Emile fonts he can save 54,500 each year for the next four

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Emile is entering high school and is determined to save money for college Emile fonts he can save 54,500 each year for the next four years from his part-time job. If Emile is able to invest at 6%, how much will he have when he starts colege? (Click the icon to view Present Value of 51 table) (Click the icon to view Present Value of Ordinary Annuity of 51 table) Click the icon to view Future Value of 51 table) (Click the icon to view Future Value of Ordinary Annuity of 51 table) (Round your answer to the nearest dollar) When Emile starts college he will have nd Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0 980 0,971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 20.980 0961 0.9430 925 0.907 0.890 0.873 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.7180.694 Period 3 0971 0.942 0.915 0.889 0.8640 840 0.816 0.7940.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 Period 40.961 0.924 0.888 0 855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 0.592 0.5720552 0.516 0.482 Period 5 0 951 0.906 0.863 0.822 0.784 0.747 0.713 0.6810 650 0.621 0 567 0.519 0.497 0.476 0.437 0,402 Period 60.942 0.8880837 0.7900 746 0.705 0.666 0.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 Period 70.933 0.871/0.813 0.760 0.711 0.665 0.623 0.5830.547 0.513 0.452 0 4000 376 0.354 0.314 0.279 Period 80.923 0 853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 0.305 0 266 0233 Period 90.914 0 837 0766 0.703 0.645 0.592 0544 0.500 0.460 0.424 0 361 0.308 0.284 0.263 0.225 0.194 Period 0905 0 820 0.744 06760 614 0.558 0.508 0.463 0.422 0.386 0.322 0.2700.247 0.227 0.191 0.162 10 5 Period 110 896 0 8040.722 0.650 0.585 0.527 0.475 0.429 0.388 0 350 0.287 0237 0.215 0.195 0.162 0.135 Deind 007n7000 .co.zamanla acel and an oncol.437 0.400 (Click the il (Click the Reference und your ar on Emile st Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% Period 1 1010 1020 1030 1040 1.050 1.060 1.070 1080 1.090 1.100 1.120 1.140 1.150 Period 2 1.020 1.040 1.061 1002 1.103 1.124 1.145 1.166 1.188 1210 1254 1.300 1.323 Period 3 1.030 1061 1.093 1.125 1158 1.191 1.225 1.260 1.295 1,331 1.405 1.482 1521 Period 4 1.041 1082 1126 1.170 1.2161 262 1311 1.360 1.412 1.464 15741.689 1749 Period 5 1051 1.104 1.159 1217 1.276 1338 1.403 1.469 1.539 1611 1.762 1.925 2011 Period 6 1.062 1.126 1.194 1.265 1340 1.419 1501 1587 1.677 1.772 1974 2.1952 313 Period 7 1072 1.149 1230 1 316 1407 1.504 1.606 1714 1.828 1.949 2211 2502 2 660 Period 8 1083 1.1721267 1 369 1.4771.594 1718 1.851 1993 2 144 2.476 2 853) 3.059 Period 9 1 094 1.1951 305 1423 1551 1.689 1.838 1999 2 1722358 27733.2523,518 Period 10 1.105 1219 1344 1.480 1.629 1.791 1.967 2 159 2.367 2 594 3.106 3.7074046 Period 11 1.116 12431384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.226 4652 Period 12 1.127 1268 1426 1601 1796 2012 2 252 2518/2.813 3.138 3 896 4.818 5.350 2010 collceclooc 12. lance caccia and an Thesent Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 1970 1942 1913 1.886 1.859 1833 1808 1.783 1759 1736 1.690 1647 1.626 1605 1.566 1.528 Period 3 2.941 2.884 2.829 2775 2.723 2673 2.624 2577 2 531 2.487 2402 2 322 2283 2246 2.174 2 106 Period 43.902 3.808 3.717 3.630 3.546 3.465 3.387 3312 3.240 3.1703.037 2.914 2.855 2.798 2690 2589 Period 5 4.853 4.713 4580 4.452 4.329 42124 100 3.993 3.890 3.791 3.605 3.433 3.352 3 274 3.127 2991 Period 6 5.795 5.601 5.417 5242 5.076 4.917 4.767 4.623 4.486 4355 4 111 3.889 3.784 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6002 5.786 5.582 5.389 5206 5.033 4.868 4.564 4.288 4.160 4.039 3.812 3.605 Period 8 7 652 7325 7020 6 733 6.463 6 210 5.971 5.747 5.535 5.335 4.968 4.6394.487 4 344 4.078 3.837 Period 98.566 8.162 7 786 7435 7 108 6.802 6,515 6.247 5 995 5759 5.328 49464772 4607 4303 4031 Period 10 9.471 8.983 8.530 8 111 772273607024 6.710 6.418 6.145 5.650 5 216 5 019 4833 4 494 4. 192 Period 11 10.368 9.787 9 253 8.760 8.306 7.887 7.499 7139 6,805 6495 5.938 5.453 5 234 5029 4656 4327 Period 12 11 255 10.575 9 954 9.385 8 863 8 384 7943 7 536 7 161 6 814 6.194 5660 5.421 5197 4793 4.439 Ancaclo.coelnan local collo alcance cole LOLA able to k the il ck the our ar mile st. Future Value of Ordinary Annuity of 51 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2010 2020 2030 2040 2050 2060 2070 2.080 2.090 2100 2 120 2.140 2.150 Period 3 3.030 3.060 3.091 3.122 3.153 3.1843.215 3246 3.278 3.310 3374 3.440 3.473 Period 4 4.060 4122 4184 4 246 4310 4.375 4.440 4.506 4.573 4.641 4.7794921 4.993 Period 5 5.101 5 2045 309 5.416 5.526 5.637 5.751 5 867 5.985 6.105 6.353 6.610 6.742 Period 6 6.152 6 308 6 468 6633 6 802 6.975 7153 7336 7523 7.716 8.115 8.536 8.754 Period 7 7.2147434 7.6627 8988.142 8.394 8.654 8.923 9200 9.487 10.09 10.73 11.07 Period 8 8.286 8.583 8.892 9.214 9.549 9.897 10 260 10.64 1103 11.44 12.30 13 23 13 73 Period 9 9.369 9.755 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.58 14 78 1609 16.79 Period 10 10.46 10.95 11.46 12.01 12:58 13 18 13.82 1449 15.19 15.94 1755 19.34 20.30 Period 11 11.57 12 17 12 81 13.49 14 21 14.97 15.78 16.65 17.56 18 53 20.65 23.04 24.35 Period 12 12 68 13 41 14 19 15.03 15.92 16.87 17.89 18.98 20.14 21 38 24.13 27.2729.00 baw Colecclc.col.10.000.000 DOL

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