Future Values A. If Wilma deposits $12,000 in the bank today, what total amount will she have in three years at 8% interest? 1. Assume annual compounding 2.Assume quarterly compounding Future Values B. Jay deposits $10,000 in a financial institution and is guaranteed 6% annual compounded interest. In what year will his investment reach $40,000 TABLE A-3 FEA. 10% t1% 175 13%.14% 10% J0% 20% 24% 30% 9771 20.1407 21.3043 22.7132 2LIM 2.6502 n.no aa017 30.0502 )4.531 s,sees saasso 74.1ne 13 13. 3972 135329 13.0014 13. 14.2368 14.6803 25.140. 15.6178 16.1130 36 15 is.5345 15.7206 isa137 14.0969 1LLazi 17.2934 17., 10.5949 19.2957 20.M36 2.7641 21.5786 nn60 2ine z.2521 2.3609 31.7125 XA054 "2197 40,A125 42.5424 425804 1.6595 0.9653 72.0351 10.815 67.204 2 180 230.819 3".038 378.406 4.SAO 90.625 404 3364A? 63.45 13941.4 078.2 61)14.4 100 92.994 951026 1121.12 3875 5737.25 28961.7 65117 54 49 3,0 4,0 ::: $2-5.0 17 s 20. 21 25. 26 28, 30 RA XA 35-S 40, 42 45 40, ss 04. 112 16 12 , ili 25. 27 26, 40, 20 21 22 su 40, 56 60 S 26 52 56 39 32-43 16433 2,782 24 23 10 6.. 10. 1 12.-s. 6. 18. 19. 20. 22. 23. 24. 25. 26, 27 26, 29, 13 34 36 , 41 44 54 56 69 16 250 40 INTEREST RATES ies is 12% 13% 1.5% 2% 25% 26s -ms 3% 3.5 % .4% 43% 5% 6% 28 26.0677 25,4648 25,1707 2U164 22.7267 21.2813 32 29.503) 287312 28 3557 27.2696 252671 23.4683 2L 492 20.3888 13. 50 44.1428 424013 415664 9.181 34.9997 314236 71127 6.640S 6.2663 5.5541 4.9995 41666 3-331 HT 0 2.2-3.5 3.5 i 4,0 4,0 4,0 4,0 4,0 1 4,0 4,0 4,0 4,0 4,0-11 4,0 4,0 111 61 414-1 122 11 5 2 56 15 0.5-2.5 3.5 SA 67.9 96-30-04 5,0 6,8, e, .eg 0.5 1 1 , ~ 16.-19 20 22 22 23 24 25 26 27 23, 33 35 210-5,6 199 996 24, 88-7,4 2,7 30-09 10 22 10-12 4-5-1:0-22-24, so 26, 27 s1~^^ 15 26 21 22 24 25.30 * 38 40 40 42 A 60 42 s; 42-1 90- 180 19 120 sai 202 DR is 300 360 as 02 50 25 1~, 4,0 Naea