ems Shaan and Anita currently insure their cars with separate companies, paying $770 and $635 a year. If they insure both cars with the same company, they would save 10 percent on their 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. 1B. (Do not round Intermediate calculations. Round FVA factor to 3 decimal places and final answer to 2 decimal places.) Future value Exhibit 1-B Future Value (Compounded Sum) of S1 Paid In at the End of Bach Period for a Given Number of Time Periods (an Annuity) X 1.ee 4x 1.ee 2.640 3.122 4.246 5.416 Period 1 2 3 4 5 6 7 8 9 ie 11 12 13 14 1 1. 2.100 3.310 4.641 6.105 7.716 9.487 11% 1.000 2.116 3.342 4.716 5.228 73913 11 1.100 2.010 3.030 4.860 5.101 6.152 7.214 3.236 9.369 18.462 11.567 12.683 13.809 14.947 16.097 17.250 18.430 19.615 28.811 22.010 28.243 34.785 48.836 64.463 2x 1.000 2.820 3.860 4.122 5.24 6.30 7.434 8.583 9.755 10.950 12.169 13.412 14.630 35.974 17.293 18.639 20.012 21.612 22.841 24.297 32.030 40.588 60.402 84.579 11 1.000 2.030 3.091 4.184 5.389 6.468 7.662 8.892 10.159 11.464 12.800 14.192 15.618 17.686 18.599 20.152 21.762 23.414 25.117 26.870 36.459 42.575 75.401 212.800 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18.292 20.024 21.825 23.698 25.645 27.671 29.778 41.646 56.885 95.026 152.670 5% 1.00 2.osa 3.153 4.310 5.526 6.502 8.142 9.549 11.022 12.578 14.207 15.917 17.713 19.599 21.579 23.657 25.840 28.132 38.539 33.066 47.727 66.439 120.800 209.350 6% 1. 2.000 3,154 4.375 1.637 6.975 8.394 9.897 11.491 13.181 14.972 16.870 18.882 21.015 23.276 25.673 28.213 30.906 33.760 36.286 54.855 79.058 154.760 290, 340 72 1.000 2.000 3.215 4.40 5.251 7.153 8.654 10.260 11.978 13.816 15.764 17.888 20.141 22.550 25.129 27.888 30.840 33.999 37.379 40.995 63.249 94.461 190.640 406.5 3.246 4.506 5.667 7.336 8.923 10.637 12.488 14.487 16.645 18.977 21.495 24.215 27.152 30.324 33.750 37.450 41.446 45.762 73,106 113.280 259.062 573.770 1. 2.090 3.278 4.573 5985 7.523 9.200 11.028 13.021 15.193 17.560 20.141 22.953 26.019 29.951 33.003 36.974 41.101 46.018 51.150 34.701 135.310 337.90 315.830 11.859 14.164 16.222 19.563 22.713 26.212 30.095 34.405 39.190 44.501 50.296 56.93 54.13 114.410 199.020 581.83e 1.565.000 13.579 15.937 18.531 21.500 24.525 27.975 31.722 35.950 40.545 45.599 51.159 57275 98.347 164.490 442.590 1, 163.900 16 17 18 19 20 25 30 40 50 201 16% 145 15 12% 135 Period 255 2.000 17% 1.000 19% 1.000 18% 1.000 50 4.463 34.579 112.30 152.670 120.800 200350 11.6 290 1996 400. 299.000 5237 is.de 42.500 1 16.900 581 1,668.00 15% 1. 2150 10% 177 1.000 2. 170 2015 11. 10% 1.000 2164 1.506 5.066 E 14% 1.00 2.140 3.440 4.921 6.610 8,536 10.230 35 1.00 2.250 1 1. 2.180 21.22 5.215 SESTE 4.991 6.742 2.190 3.606 5.201 24297 1.640 5.363 9 1512 7.42 ZEI 11.414 14.24 12.510 21.21 TETET 5.141 2014 9.2012 11.772 14.273 18.25 23.59 272230 22.020 94442 12192 1532 19.000 22.521 28.755 12.523 15.902 Period 12% 11 1 1.000 2 2.120 1 3.407 4 4.279 4550 5 0.353 1.430 11.115 8.323 10.08 10.405 B 12.100 12.752 19 14.776 12140 18.420 11 20.655 21.314 12 24.103 25,50 20.02 29.985 14 22.393 14.83 15 22.250 40.417 16 42.753 46,672 12 484 55.29 10 $3.40 70.240 20 3205 30.947 2 155.620 161.330 267.90 1.013.00 E 400.000 3.450.500 1.000 2.10 33.990 6.167 9.00 122273 12:30 21.558 12.15 2.619 56.605 3.254 11.067 13.222 16.76 20.504 24,349 28.002 342359 40.105 47.50 55.722 65.075 12.916 10.40 20.00 25.930 ELEGE 3.25 32207 11.250 15. 19842 25.803 33.252 42.586 54.300 Otec ILOVE 24.01 10.40 17.00 45.30 OST TE TSGE FE TO 16.685 19.317 23.045 27.271 12.089 37583 43.542 50.300 59.110 88.394 2896 91023 101.370 336.790 1,342.000 4.994.500 GOZO 2.105 0110 DAH 18.422 5.196 2015 37 109. 13.110 11421219 50.18 60.965 22.229 8.08 102.7 123 146.630 CORE 12.10 16.10 218,40 3.030 5712130 96.78 41.672 51.000 02 21.033 84.141 98.683 11510 2420 50.210 100 10.000 70 96.622 11:20 120.2.20 OTRE SEATS DESPRE LE T: 114140 IEEE INTIP ETS DU BEETLE 400 1100 130.00 22.110 647,00 23.500 15700.000 BOTE OLTRE 3.212 102LHO 212 4.30 1723.100 7.227.700 08 471 1.181/00 79010 BE21 21.0133000 492.00 166.700 23922800 BE000 HD 10140 227.300 90. AL B.150.00 130, 191,00 185.000 627.000 TEM 72"F Cloudy POD de
