FVIFA Table:

FVIF Table:

Calculate the future value of an account after you've contributed $1,490 at the end of each year for 40 years assuming you can earn 7.50 percent compounded annually, and that you don't make a withdrawal during the 40-year period. Now calculate the value of the same account if you stop making contributions after 30 years. What does this tell you about the power of time when trying to accumulate wealth? Click on the table icon to view the FVIFA table Click on the table icon to view the FVIF table : After you've contributed $1,490 at the end of each year for 40 years assuming you can earn 7.50 percent compounded annually, and that you don't make a withdrawal during the 40-year period, the value of this account at the end of 40 years would be $ (Round to the nearest cent.) 10 | 20 30 | 40 _ | 4.0% | 12.0061297781 56.0849 | 95.0255 | 14.5% | 12.2882313714 61.0071| 107.0303 | 5.0% 12.5779 33.1660 | 66.4388 | 120.7998 | 5.5% | 12.8754 34.8683 72.4355 | 136.6056 | 6.0% 13.1808 36.7856| 79.0582 | 154.7620 | 6.5% | 13.4944| 38.8253 | 86.3749 | 175.63191 | 7.0% | 13.8164 | 40.9955 | 94.4608 | 199.6351] 17.5% 14.1471 43.3047] 103.3994 | 227.2565 | | 8.0% | 14.4866 45.7620 113.2832| 259.0565 | | 8.5% 14.8351483770] 124.2147 295.6825 9.0% 15.1929 51.1601 136.3075 337.8824| | 95% 15.5603154.1222 149.6875| 386.5200" 10.0% 15.9374572750|164.4940 | 442.5926 | | 10.5% 16.3246 60.6308| 180.8815|507.2516 | 10 | 20 30 | 40 | | 4.0% | 14802 |21911| 32434 | 4.8010 | 4.5% 1.5530 | 2411737453 | 5.8164 | 5.0% | 1.628926333| 4.3219 170400 | 5.5% | 17081| 29178 | 49840 | 8.5133 | 6.0% | 1.7908 32071| 5.7435 | 10.2857 | 6.5% | 1.877135236 | 66144 | 12.4161 | 7.0% | 1.9672 | 3.8697] 7.6123 | 14.9745 7.5% 2.06 10 | 4.2479 | 87550 | 18.0442 | 8.0% 12.1589 | 4.6610 | 10.06271217245 | 8.5% | 2.2610 | 5.1120 | 11.5583 | 26.1330 9.0% 12.36745.6044| 13.2677131.4094 | 9.5% 24782 6.1416] 5.2203377194 | 10.0% 2.5937 6.7275 74494 | 45.2593 10.5% 2.71417366299926 | 54 2614