Find the future value of the ordinary annuity rounded to the nearest cent Use the accompanying future value table Time (Years) Periodic Payment $4500 Payment Paid quarterly Annual Interest Rate 8 Click the icon to view the future value table O A $70,858 80 O B $77,820 38 OC $83,875 50 OD $308,876 78 Future Value of $1 00 Ordinary Annuity Rate per period Periods 1 00 1 50 2 00 2 50 3 00 4 00 5 00 6 00 8 00 10 00 12 00 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 2 015 2 020 2 025 2 030 2 040 2 050 2 060 2 080 2 100 2 120 3 3 030 3 045 3 060 3 076 3 091 3 122 3 153 3 184 3 2463 310 3 374 4 4 060 4 091 4 122 4 153 4 184 4 246 4 310 4 375 4 506 4 641 4 779 5 5 101 5 152 5 204 5 256 5 309 5 416 5 526 5 637 5 8676 105 6 353 6 6 152 6 230 6 308 6 388 6 468 6 633 6 802 6 975 7 336 7 716 8 115 7 7 214 7 323 7 434 7 547 7 662 7 898 8 142 8 394 8 923 9 487 10 089 8 8 286 8 433 8 583 8 736 8 892 9 214 9 549 9 897 10 637 11 436 12 300 9 9 369 9 559 9 755 9 955 10 159 10 583 11 027 11 491 12 488 13 579 14 776 10 10 462 10 703 10 950 11 203 11 464 12 006 12 578 13 181 14 48715 937 17 549 11 11 567 11 863 12 169 12 483 12 808 13 486 14 207 14 972 16 645 18 531 20 655 12 12 683 13 041 13 412 13 796 14 192 15 026 15 917 16 870 18 977 21 384 24 133 13 13 809 14 237 14 680 15 140 15 618 16 627 17 713 18 882 21 495 24 523 28 029 14 14 947 15 450 15 974 16 519 17 086 18 292 19 599 21 015 24 215 27 975 32 393 15 16 097 16 682 17 293 17 932 18 599 20 024 21 579 23 276 27 152 31 772 37 280 16 17 258 17 932 18 639 19 380 20 157 21 825 23 657 25 673 30 324 35 950 42 753 17 18 430 19 20120 012 20 865 21 762 23 698 25 840 28 213 33 750 40 545 48 884 18 19 615 20 489 21 412 22 386 23 414 25 45 28 132 30 906 37 450 45 599 55 750 19 20 811 21 97 22 841 23 946 25 117 27 571 30 539 33 760 41 446 51 159 63 40 20 22 019 13 124 14297 15 45 26 870 9 778 3 066 36 786 45 762 7 275 72 052 21 13 239 24 471 15 783 27 183 28 676 31 969 5 19 39 993 0 423 4 002 81 699 22 24 472 25 838 27 29 28 86330374 248 8 505 43 392 5 457 71 403 92503 23 25 716 27 225 28 845 30 584 32 453 36 618 41 430 46 996 60 893 79 543 104 603 24 26 973 28 634 30 422 32 349 34 426 39 083 4 502 0 816 6 765 88 497 118 155 25 28 243 30 063 32 030 34 158 36 459 41 646 47 727 4 865 73 106 98 347 133 334 26 29 526 31 514 33 671 36 012 38 53 4 312 51 113 9 156 9 954 109 182 150334 27 30 821 32 987 35 34 37 912 40 710 47 084 4 69 8 706 37351 121 100 169374 28 32 119 34 48L 37 051 39 860 4291 9 968 8 403 8 528 5339 134210 190 699 29 33 450 35 99 38 792 41 856 45219 2966 67323 3 40 103 96 148 631 214 583 30 34 785 37 539 40 568 43 903 47575 36 085 6 49 79 058 113 283 164 494 241 333

Question

Find the future value of the ordinary annuity rounded to the nearest cent  Use the accompanying future value table  Time (Years) Periodic Payment $4500 Payment Paid quarterly Annual Interest Rate 8  Click the icon to view the future value table  O A  $70,858 80 O B  $77,820 38 OC  $83,875 50 OD  $308,876 78 Future Value of $1 00 Ordinary Annuity Rate per period Periods 1 00  1 50  2 00  2 50  3 00  4 00  5 00  6 00  8 00  10 00  12 00  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 2 015 2 020 2 025 2 030 2 040 2 050 2 060 2 080 2 100 2 120 3 3 030 3 045 3 060 3 076 3 091 3 122 3 153 3 184 3 2463 310 3 374 4 4 060 4 091 4 122 4 153 4 184 4 246 4 310 4 375 4 506 4 641 4 779 5 5 101 5 152 5 204 5 256 5 309 5 416 5 526 5 637 5 8676 105 6 353 6 6 152 6 230 6 308 6 388 6 468 6 633 6 802 6 975 7 336 7 716 8 115 7 7 214 7 323 7 434 7 547 7 662 7 898 8 142 8 394 8 923 9 487 10 089 8 8 286 8 433 8 583 8 736 8 892 9 214 9 549 9 897 10 637 11 436 12 300 9 9 369 9 559 9 755 9 955 10 159 10 583 11 027 11 491 12 488 13 579 14 776 10 10 462 10 703 10 950 11 203 11 464 12 006 12 578 13 181 14 48715 937 17 549 11 11 567 11 863 12 169 12 483 12 808 13 486 14 207 14 972 16 645 18 531 20 655 12 12 683 13 041 13 412 13 796 14 192 15 026 15 917 16 870 18 977 21 384 24 133 13 13 809 14 237 14 680 15 140 15 618 16 627 17 713 18 882 21 495 24 523 28 029 14 14 947 15 450 15 974 16 519 17 086 18 292 19 599 21 015 24 215 27 975 32 393 15 16 097 16 682 17 293 17 932 18 599 20 024 21 579 23 276 27 152 31 772 37 280 16 17 258 17 932 18 639 19 380 20 157 21 825 23 657 25 673 30 324 35 950 42 753 17 18 430 19 20120 012 20 865 21 762 23 698 25 840 28 213 33 750 40 545 48 884 18 19 615 20 489 21 412 22 386 23 414 25 45 28 132 30 906 37 450 45 599 55 750 19 20 811 21 97 22 841 23 946 25 117 27 571 30 539 33 760 41 446 51 159 63 40 20 22 019 13 124 14297 15 45 26 870 9 778 3 066 36 786 45 762 7 275 72 052 21 13 239 24 471 15 783 27 183 28 676 31 969 5 19 39 993 0 423 4 002 81 699 22 24 472 25 838 27 29 28 86330374 248 8 505 43 392 5 457 71 403 92503 23 25 716 27 225 28 845 30 584 32 453 36 618 41 430 46 996 60 893 79 543 104 603 24 26 973 28 634 30 422 32 349 34 426 39 083 4 502 0 816 6 765 88 497 118 155 25 28 243 30 063 32 030 34 158 36 459 41 646 47 727 4 865 73 106 98 347 133 334 26 29 526 31 514 33 671 36 012 38 53 4 312 51 113 9 156 9 954 109 182 150334 27 30 821 32 987 35  34 37 912 40 710 47 084 4 69 8 706 37351 121 100 169374 28 32 119 34 48L 37 051 39 860 4291 9 968 8 403 8 528 5339 134210 190 699 29 33 450 35 99 38 792 41 856 45219 2966 67323 3 40 103 96 148 631 214 583 30 34 785 37 539 40 568 43 903 47575 36 085 6  49 79 058 113 283 164 494 241 333

Accepted Answer

The Answer is in the image, click to view ...

Question

Find the future value of the ordinary annuity rounded to the nearest cent. Use the accompanying future value table. Time (Years) Periodic Payment $4500 Payment

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Short Term Financial Management

Students also viewed these Finance questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question

Question