Homework: Assignment 20 Score: 0 of 2 pts S12-7 (similar to) 5 of 6 (3 complete) HW Score: 23. Assume you make the following investments: a. You invest a lump sum of $8,000 for five years at 14% interest. What is the investment's value at the end of five years? b. In a different account earning 14% Interest, you invest $1,600 at the end of each year for five years. What is the investment's value at the end of five years? c. What general rule of thumb explains the difference in the investments' future values? Click the icon to view the future value factor table.) (Click the icon to view the future value annuity factor table.) (Click the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table.) a. You invest a lump sum of $8,000 for five years at 14% Interest. What is the investment's value at the end of five years? (Round your answer to the nearest whole dollar) Investment's value = Enter any number in the edit fields and then click Check Answer. 2 parts remaining Clear All Check Ans 23 S V A Work: Assignment 20 2 pts 5 of 6 (3 complete) HW Score: 23.64%, milar to) Quest nak es 0 Reference Periods 1% 8% 12% 18% 1.120 ON 1.180 1.010 1.020 1.030 1.041 1.051 1.062 1.072 100 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1.346 3% 1.030 1.061 1.093 1.126 1.159 1.194 1230 1.267 1.305 1.344 1.384 1.426 1.469 1.513 1.558 1.806 2.094 2.427 1.094 1.105 1.116 1.138 1.149 1.161 1220 1.282 1.348 1.489 Future Value of $1 6% 1.060 1.080 1.124 1.166 1.191 1.260 1.262 1.360 1.338 1.469 1.419 1.587 1.504 1.714 1.594 1.851 1.689 1.999 1.791 2.159 1.898 2.332 2.012 2.518 2.133 2.720 2.937 3.172 3.207 4.661 4.292 6.848 5.743 10.063 10.286 21.725 10% 1.100 1210 1.331 1.464 1.611 1.772 1.949 2.144 2.358 2.594 2.853 3.138 3.452 3.797 4.177 6.727 10.835 17.449 45.259 14% 1.140 1.300 1.482 1.689 1.925 2.195 2.502 2.853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 13.743 26.462 50.950 188.884 1.254 1.405 1.574 1.762 1.974 2211 2.476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 9.646 17.000 29.960 93.051 16% 1.160 1.346 1.561 1.811 2.100 2.436 2826 3.278 3.803 4.411 5.117 5.996 6.896 7.988 9.266 19.461 40.874 85.850 378.721 1.392 1.643 1.939 2.288 2.700 3.185 3.759 4.435 5.234 6.176 7.288 8.599 10.147 11.974 27.393 20% 1.200 1.440 1.728 2.074 2.488 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 38.338 95.396 237376 1,469.772 1.127 1.710 1.796 1.886 1.980 2.079 2.663 3.386 2.261 2397 1486 1.641 1.811 2208 4.322 443311 750 378 Print Done Clear All Check Answer 5 of 6 (3 complete) HW Score: 23 Reference Periods 16% 1.000 2.160 3.506 5.066 6.877 20% 1.000 2.200 3.640 5.368 7.442 1% 2% 1.000 1.000 2.010 2.020 3.030 3.060 4.060 4.122 5.101 5.204 6.152 6.308 7.214 7.434 8.286 8.583 9.369 9.755 10.462 10.950 11.567 12.169 12.683 13.412 13.809 14.680 14.947 15.974 16.097 17.293 22.019 24.297 28.243 32.030 34.785 40.568 48.8866 0.402 3% 1.000 2.030 3.091 4.184 5.309 6.468 7.662 8.892 10.159 11.464 12.808 14.192 15.618 17.086 18.599 26.870 36.459 47.575 75.401 4% 1.000 2.040 3.122 4246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18.292 20.024 29.778 41.646 56.085 95.026 Future Value of Annuity of S1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2.060 2.080 2.100 3.153 3.184 3.246 3.310 4.310 4.375 4.506 4.641 5.526 5.637 5.867 6.105 6.802 6.975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11.436 11.027 11.491 12.488 13.579 12.578 13.181 14.487 15.937 14.207 14.972 16.645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21.495 24.523 19.599 21.015 24.215 27.975 21.579 23.276 27.152 31.772 33.066 36.786 45.762 57.275 47.727 54.865 73.106 98.347 66.439 79.058 113.283 164.494 120.800 154.762 259.057 442.593 12% 1.000 2.120 3.374 4.779 6.353 8.115 10.089 12.300 14,776 10549 20.655 24.133 28.029 32.393 37.280 72.052 133.334 241.333 767.091 14% 1.000 2.140 3.440 4.921 6.610 8.536 10.730 13.233 16.085 19.337 23.045 27.271 32.089 37.581 43.842 91.025 181.871 356.787 1,342.025 8.977 11.414 14.240 17.519 21.321 25.733 30.850 36.786 43.672 51.660 115.380 249.214 530.312 2,360.757 18% 1.000 2.180 3.572 5.215 7.154 9.442 12.142 15.327 19.086 23.521 28.755 34.931 42.219 50.818 60.965 146.628 342.603 790.948 4,163 213 9.930 12.916 16.499 20.799 25.959 32.150 39.581 48.497 59.196 72.035 186.688 471.981 1,181.882 7,343.858 Print Done Clear All Check Ang 0 Reference inves of $8,9 ming mb ex uture reser Periods 1000 to 12% 14% 0.893 0.877 1.6901.647 2.402 3.037 3.605 3.433 2.322 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2.690 3.127 3.498 whole doll 3.546 2914 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 on 4.643 4.355 5335 Present Value of Annuity of $1 1% 2% 3% 4% 5% 6% 8% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 1.970 1.942 1.9131.886 1.859 1.833 1.783 1.736 2.9412.884 | 2.829 2.775 2.723 2.673 2.577 2.487 3.902 3.808 3.717 3.630 3.465 3.312 3.170 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 5.795 5.601 5.417 5.242 5.076 4.917 6.728 6.472 6.230 6.002 5.786 5.582 5.206 7.652 7.325 7.020 6.733 6.463 6.210 5.747 8.566 8.162 7.786 7.435 7.108 6.802 6.247 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 10.368 9.787 9.253 8.760 8.306 7.887 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 12.134 11.348 10.635 9.986 9.3948.853 7.904 7.103 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 13.865 12.849 11.938 11.118 10.380 9.712 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 19.523 17.413 15.622 14.094 12.783 10.675 9.077 22.396 19.600 17.292 15.372 13.765 11.258 9.427 27.356 23.115 19.793 17.159 15.046 11.925 9.779 5.759 32 4.494 7.139 6.495 oooo 8.559 7.606 5.092 8888 6.623 6.873 4.675 4.870 4.948 4.979 4.997 5.353 5.467 5.548 100 7.105 jelds Print Done Clear All Chec HW Score: Reference wing inves m of $8,9 earning thumb es me future ars? me preser Periods 2 $8,000 to 16% 0.862 1.605 2.246 2.798 18% 20% 0.8470.833 1.566 1.528 2.106 2.589 2.991 whole dolla 1% 2% 3% 4% 0.990 0.980 0.971 0.962 1.970 1.942 1.913 1.886 2.9412.884 2.829 2.775 3.902 3.808 3.717 3.630 4.853 4.713 4.580 4.452 5.795 5.601 5.417 5.242 6.728 6.472 6.230 6.002 7.652 7.325 7.020 6.733 8.566 8.1627.786 7.435 9.471 8.983 8.530 8.111 10.368 9.787 9.253 8.760 11.255 10.575 9.954 9.385 11.348 10.635 9.986 12.106 11.296 10.563 12.849 11.938 11.118 14.877 13.590 15.622 17.292 19.793 Present Value of Annuity of $1 5% 6% 8% 10% 12% 14% 0.952 0.943 0.926 0.9090.893 0.877 1.859 1.833 1.783 1.736 1.6901.647 2.723 2.673 2.577 2.487 2.402 2.322 3.546 3.465 3.312 3.170 3.037 2914 4.329 4.212 3.993 3.791 3.605 5.076 4.917 4.623 4.355 5.786 5.582 5.206 4.868 6.463 6.210 5.747 5.335 6.802 6.247 5.759 7.360 6.710 7.887 7.139 6.495 8.384 7.536 6.814 8.853 7.904 7.103 9.295 8.244 7.367 10.380 9.712 8.559 7.606 12.462 11.470 9.818 8.514 14.094 12.783 10.675 15.372 13.765 11.258 9.427 17.159 15.046 11.925 9.779 1.100 ANN 6.145 4.192 12.134 oooooooo 9.899 4.494 4.656 4.793 4.910 5.008 5.092 5.353 5.467 5.517 5.548 4.439 4.533 4.611 4.675 4.870 4.948 4.979 4.997 9.071 8233 it fields Print Done