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Fac an Liam is entering high school and is determined to save money for college Liam feels he can save $1,500 each year for
Fac an Liam is entering high school and is determined to save money for college Liam feels he can save $1,500 each year for the next four years brom his part-time job. If Liam is able to invest at 12%, how much will he fave when he starts college? (Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table) (Click the icon to view Future Value of $1 table) (Cack the icon to view Future Value of Ordinary Annuity of $1 table) Reference 4 u (Round your answer to the nearest do 15 When Liam starts colege he will have gi g g De agi ag sac Period 1 his Ens q 1% 23% 4% 15% Present Value of $1 7% IN 12% 14% 15% 10% 10% W Period 19560 09710342 0982 044 093503091700085368778700862 5476833 Period 2 09000961 941 0525 0907 090 0873 0857 0042 0825 0757 0769 0750 0743 0710 0604 Period 3 0.971 0942 0915 0800 0064 0840 081 0794 0772 0751 0712 0675 0558 0641 0009 0529 Period 4 0961 0924 035 0355 0823 0792 0763 0735 0706 0603 0636 0592 0572 0552 0516 0482 Period 5 0951 0905 0063 0822 9704 0747 0713 0681 0650 0621 0567 0515 0457 0475 0437 0402 Period 0942 03 0437 070 074 0705 0666 0630 0.596 0504 0507 0456 0432 0410 0370 0315 Period? 0933 0671 0413 0700 071 0665 0423 05803 0.547 0513 0452 0400 0376 0354 0314 0279 789 0731 0677 0627 0502 0540 0502 0467 0404 0351 0327 0305 0266 0233 Period 9 091 0837 0706 0703 0645 052 0544 0500040 0424 0361 0308 0204 0263 0225 0154 Period 18 0.505 0820 0744 067 0414 05560508 0463 0422 0306 0322 0270 0247 0227 0191 0162 Period 11 000504 0722 050 0585 0527 675 0429 0388 0.350 0282 0237 0215 0155 0.162 0135 Period 12 0857 0700 0701 0625 6557 0457 0444 0.357 0356 0315 0257 0200 0167 0168 013 0112 Period 13 0075 0773 0681 0601 053 0465 0415 034 0326 0250 0229 0112 013 0145 0106 0093 Period 14 0870 0758 0661 0577 0505 0442 0380 0340 0299 0263 0205 0160 0141 0125 0.099 0.078 Period 15 0861 0743 0642 0555 041 0417 0362 0315 0275 0235 0183 0145 0123 0108 0.054 0065 Period 16 0853 0728 0623 0534 0450 0354 0330 0252 0252 21 0163 0123 0107 0093 0071 0054 0044 0714 0605 0513 0436 0371 0317 0270 0231 010 0146 0105 0053 0000 0060 0045 0836 0.700 0507 0494 0416 0350 0.296 0250 0212 0180 0130 0.081 0069 0051 0030 Period 13 0225 0686 0570 0.475 0.356 0301 0277 0232 0154 0164 0176 0083 0070 060 0043 0031 Period 29 0820 0673 0554 0456 0377 0312 0258 0215 0178 0149 0104 0073 006 0051 0037 0026 Period 21 0811 0660 0.538 0439 0355 0294 0242 0199 164 0135 0090 0064 0053 0044 0831 0022 Period 22 0803 0647 0522 0422 0342 0278 0226 0184 0150 0123 0083 0056 0046 0038 0026 0018 Period 23 0795 0634 0.507 0406 0326 0262 0211 0170 0138 0112 0024 0049 0040 0033 0922 0015 Period 24 0788 0622 0.452 0.390 350 0247 0197 0158 0126 0102 0066 0043 0005 0028 0015 0013 Period 25 0720 0610 0478 0375 0295 0233 0104 0346 0116 0052 0.059 0.00 0.000 0024 0015 001 Period 26 0.772 0590 0464 0361 0201 0220 0172 0135 0106 0084 0053 0.033 0026 0021 0014 0009 Period 27 07640586 0450 0347 0263 0207 0161 0125 0058 0075 0047 0029 0023 0015 001 0007 Period 28 07570574 6437 0333 0255 0196 0 150 0116 0090 0065 0042 0026 020 0016 0.00 0.006 Period 29 07490563 0424 0321 0243 0185 0141 107 0082 0063 0037 0022 0017 0014 0008 0005 Period 30 0742 0552 0412 0306 0231 0174 0131 0099 0075 0.057 0033 0.020 0015 0012 0.007 0.004 Period 40 0672 0453 0307 0208 0142 0057 0067 0046 0012 0022 0.011 0.0050004 0.003 0.001 0.001 Period 50 0608 0372 0228 0141 0067 0054 0034 0021 0013 0005 0.000 0.001 0.001 0.001 Period 17 hswer
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