Homework: Chapter 12 Homework Save Score: 0 of 1 pt 2 of 6 (complete HW Score: 0% 0 of op S12A-15 (similar to) Gestione Josh is entering high school and is determined to save money for college. Josh fuels he can save $1,000 each year for the next four years from this part time job toshis atleto invest at 12. how much will hear when he wants colege? (Click the icon to view Present Value of $11) Cock the icon to view Present Value of Ordinary Annuity of 51 table Click the icon to view Future Value of 51 table) Click the loan to view Future Value of Ordinary Annuity of table) Hound your answer to the nearest dollar) When Josh starts college he will have fimer any number the othed and the checkAnswe CESTA CA All parts showing 1% Present Value of $1 Periods 1% 2% 3% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0,990 0.980 0.971 0 962 0.952 0.943 0935 0.926 0.917 0.9090.893 0877 0.870 0 862 0.847 0.833 Period 2 0.980 0.961 0943 0.925 0.907 0.890 0.873 0.857 0.8420 826 0.797 0.769 0.756 0.743 0718 0.694 Period 3 0.971 09420 915 0.889 0.864 0.8400816 0.794 0.772 0.751 0.712 0.675 0658 0641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.735 0708 0.683 0.636 0.5920.572 0552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.7840 747 0.713 0.681 0.650 0.621 0.567 0.519 0.49704760437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0666 0.630 0.596 0.564 0.507 0,456 0.4320410 0.370 0.335 Period 7 0.933 0.871 0.813 0.7600.7110665 0.623 0.583 0.5470513 0.452 0.400 0.376 03540 3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.6270.582 0.540 0.5020467 0.4040.351 0.3270 305 0.206 0233 Period 9 0.914 0.837 0.7660,703 0.6450.59205440.500 0.460 0424 0.361 0.308 0.284 0.263 0.225 0.194 Period 10 10.9050 820 0.744 0.676 0.614 0.558 0508 0463 0.422 0.386 0.322 0.270 0.2470227 0.191 0.162 Period 11 0 896 0.8040.722 0.650 0.585 0.527 0475 0429 0.388 0.350 0.287 0.237 02150195 0.162 0 136 Period 12 0.887 0.788 0.701 0625 0.557 0.4970444 0.3970356 0.319 0.257 0.208 0.1870 1680.137 0.112 Period 13 0.879 0.773 0681 0.601 0.530 0.4690415 0358 0.3260 2900 220 0.1820.163 0.1450 116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0388 0 3400 2990 2630 2050.160 0.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.4810417 0 362 0315 0.275 0.239 0.183 0.1400 123 0.108 0,0840.005 Period 16 0.853 0.728 0.623 0.534 0.4580394 0339 0.292 02520218 0.1630.123 0.1070.093 0.0710054 Period 17 0844 0.714 0.605 05130.4360371 0317 0270 02310.1980.146 0.108 0.09300800.000 0.045 Print Done 0 Reference Period 14 0.870 0.758 0,661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.2050 160 0.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Period 16 0.853 0.728 0.623 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.1980.146 0.108 0.093 0.080 0.060 0.045 Period 18 0.836 0.700 0.587 0.4940.416 0.350 0.296 0.250 0212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 Period 19 0.828 0.686 0.570 0.475 0.396 0331 0.277 0.232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 Period 20 0820 0.673 0.564 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 21 0.811 0.660 0.538 0.439 0.359 0.294 0.242 0.1990.1640135 0.093 0.064 0.053 0.044 0.031 0.022 Period 22 0.8030647 0.522 0.422 0.342 0.278 0.226 0.1840. 150 0.123 0.083 0.056 0.046 0.038 0.026 0.018 Period 23 0.795 0.6340.607 0.4060.3260262 0.211 0.170 0138 0.112 0.074 0.049 0.0400033 0.022 0.015 Period 24 0.788 0.622 0.492 0.390 0.3100247 0.197 0.158 0.126 0.1020.066 0.043 0.035 0.028 0.019 0.013 Period 25 0.780 0.610 0478 0.375 0.2950 233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.016 0.010 Period 26 0772 0.598 0.464 0.351 0281 0 2200172 0.135 0.105 0.084 0.063 0033 0.025 0.021 0.014 0.009 Period 27 0.764 0.686 0.460 0.3470268 0207 0.161 0.125 0.098 0.078 0.047 0.029 0.0230018 0.0110.007 Period 28 0.757 0.674 0.437 0.3330 2560.1960. 150 0 116 0.090 0.089 004200200020001600100006 Period 29 0 7490 663 0 424 0.321 0.243 0.185 0.141 0 107 0082 0.063 0.037 0.022 0.017 0.014 0.008 0005 Period 30 0742 06620412 0.308 0.231 0.1740131 0 099 0.075 0.0570033 0.020 0,015 0,012 0.007 0.004 Period 40 0.6720463 0.307 0.200 0.142 0.097 0.067 0.046 0.032 0.022 0.0110.005 0.00400030001 0.001 Period 50 06080372 0228 0.141 0.08700540034 0.021 0013 0.0090003 0.001 0.001 0.001 Print Done i Reference > Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1759 1736 1.690 1647 1.626 1.605 1.566 1.528 Period 3 2.941 2884 2.829 2.775 2.723 2673 2624 2.577 2.531 2487 2402 2.322 2283 2246 2174 2.106 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3312 3.240 3.170 3.037 2.914 2855 2.798 2690 2.589 Period 5 4.853 4713 4.580 4.452 4.329 4212 4 100 3.993 3.890 3.791 3.605 3.433 3.352 3.274 3.127 2.991 Period 6 5.795 5.601 5.417 5.2425.076 4.917 4.767 4.623 4.486 4355 4.111 3.8893.784 3.685 3.498 3.326 Period 7 6.728 6.4726.230 6.002 5.786 5.68253895 206 5.033 486845644 288 41604039 3.812 3.605 Period 8 7.652 7.325 70206.733 6.463 6210 5.971 5.747 5.535 5.335 4.96846394,487 4344 4078 3.837 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6.5156247 5.9955.759 5.3284946477246074 303 4.031 Period 10 9.471 8.9838.530 8.111 7722 7.360 7.0246.710 6.418 6.145 5.650 5 216 5,019 4833 4 494 4.192 Period 11 10.368 9.787 9.253 8.760 8.3067 887 7.490 7.139 6 805 6.495 5938 5.453 5.234 5.029 4.666 4.327 Period 12 11.255 10.576 9.954 9.3858.863 8 384 79437.536|71616.814 6. 1945.660 5421 5. 197 47934439 Period 13 12.134 11 348 10.635 9.9869.3948853 8.368 7.904 7.487 7.103 6.424 5.8425,583 5342 4910 4633 Period 14 13 004 12 106 11,296 10.583 9.899 9.2988.745 8.244 7.786 7.3676.62860025724 5.463 5.0084611 Period 15 13.865 12.849 11.938 11.118 10.3809712 9.108 8.569 8.061 7.6066.811 6.142 5.847 5.578 50924.675 Period 16 14.718 13.678 12.58111652 10.838 10 1069.4478.861 8.313 7.8246.9746.2655.954 5669 5.1624.730 15.562 14 292 13.166 12 168 11.274 10477 9763 9.1228 544 3.022 7.1206.373 6.047 5.749 6.222 4775 Period 17 Print Done Reference Period 14 13.004 12.106 11 296 10.563 9.899 9.295 8.745 8.244 7.7867.367 6.628 6.002 6.724 5.468 5008 4.611 Period 15 13.865 12.849 11.938 11.118 10.3809.712 9.108 8.5598.061 7.606 6.811 6.142 5.847 5.575 5.092 4.675 Period 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 6.9746.265 5.954 5.6695.1624.730 Period 17 15.562 14 292 13.166 12 166 11 274 10.4771 9.763 9.1228544 8.022 7.120 6.373 6.047 5.749 5.222 4.775 Period 18 16 398 14992 13.754 12.659 11.690 10.828 10.0699.372 8.756 8 201 7.250 6.467 6.128 5.818 5.273 4.812 Period 19 17.226 15.678 14,324 13.134 12.085 11.158 10.336 9.604 8.95083667.366 6.5506.1985.877 5.316 4844 Period 20 18.046 16.351 14.877 13.590 12.46211470 10.5949.818 9.129 8.5147.4696.623 6.259 5.9295.353 4.870 Period 21 18.857 17.011 15.415 14.029 12821 11.764 10.836 10.017 9.2928.64975626.687 6.312 5.973 53844 891 Period 22 19.66017658 15.93714.451 13.163 12.042 11 061 10.2019 442 87727645 6.7436.359 6.011 5.410 4.909 Period 23 20.456 18 29216 444 14.857 13.489 12.303 11 272 10.371 9.5808.8837718 6.792 6.399 6,044 6.432 4.925 Period 24 21.24318.914 16.936 15.247 13.79912 550 11.469 10.529 9.707 8.9857.784 6.835 6.434 6.073 5.451 4.937 Period 25 22.023 19 523 17.413 15.622 14.094 12.783 11 654 10.875 98239.0777 843 6 873 6.464 6.097 5.467 4948 Period 26 2279520.12117.87715.983 14.375 13.003 11 826 10.810 9.929 9.1617.896 6.906 6.491 8.118 5.480 4956 Period 27 23.560 20 707 18.32715.330 14 843 13.21111.987 10.935 10.027 92377.943 6.935 6.514 8.136 5.4924964 Period 28 24.31621 281 18.784 16.663 14.898 13.406 12 137 11051 10.118 9.307 7.984 6961 6.534 6.152 6.6024970 Period 29 25 066 21.844 19.188 16.984 15.14113.591 12 278 11.158 10.1989 3708022 6.983 6.551 6.166 5510 4.975 Period 30 25 808 22 396 19.800 17.292 15.372 13.766 12 409 11.258 10 274 94278.0557003 6.566 6.1775.517 4979 period 40 32 835 27 355 23.115 19.793 17.159 15.046 13 33211925 10.76797798.244 7105 6.642 6233 55484997 Period 50 39196 31425.73021482 18 256 15.762 13.801 12233 10.962 9915 8.304 7.133 6.661 6.245 5.554 4990 Future Value of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 | 1.150 1.020 1.040 1.061 1.0821.103 1.1241.145 1.166 1.188 1210 1254 1.300 1.323 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.041 1.082 1.126 1.170 1.216 1.262 1.311 1.360 1.412 | 1.464 1.574 1.6891749 1.061 1.104 1.159 | 1217 1.27613381.403 1.469 1.539 1.611 1.762 1.925 2.011 1.062 1.126 | 1.194 1.265 1.340 1.419 1.501 1.587 1.6771.772 1.974 2.195 2.313 1.072 | 1.149 1.230 1.316 1.407 1.504 1606 1.714 1.829 1.949 2.211 2.502 2.660 1,083 1.172 1.267 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.8533.059 1.094 1.195 1.305 1.423 1.551 1689 1.838 1.999 2.172 2.368 2.773 3.2523.518 1.106 | 1.219 1.344 1.480 1.629 1791 1.967 2.159 2.367 2594 3.106 3.707 4.046 1.116 1.243 1.384 1.539 1.710 1.898 2.106 2 332 2.580 2.853 3.479 4226 4652 1.127 1.268 1.426 1.601 1.796 2.012 2.252 2518 2.813 3.138 3.896 4.818 5.350 1.138 1.294 1,469 1.665 1.886 2.133 2410 2720 3.066 3.452 4.363 5.4926. 153 1.149 1.319 1.513 1732 1.980 2.261 2.579 2 937 3.342 3 798 4.887 6.261 7076 1.161 1.346 1.558 1.8012079 2.3972.759 3.172 3.642 4 177 5.474 7.1388.137 1.173 1.373 | 1605 1.873 2.183 2.540 2.952 3.426 3.9704595 6.1308 1379.358 1.184 1.400 1.653 1.948 2292 2.693 3.159 3.7004328 5.0646.886 9.276 10.76 Print Done Period 14 Period 15 1.149 1.161 1.173 1.184 1.196 1.208 1.220 1.319 1,513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 4.887 | 6.2617.076 1.346 1.558 1.801 2.079 2.397 2759 3.172 3.642 4.177 5.474 7.138 8.137 1.373 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.137 9.358 1.400 1.653 1.948 2.292 2.693 3.159 3.700 4.328 5.054 6.866 9.276 10.76 1.4281.702 2.0262.407 2.854 3380 3.996 4.717 5.560 7.690 10.58 12.38 1.457 1.754 2.107 2.627 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.4861.806 2.191 2.653 3.207 3.870 4,661 5.604 6.727 9.646 13.74 16.37 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 1.232 1.5161.860 2.279 2.786 3.400 41415.034 6.109 7.400 10.80 15.67 18.82 1 245 1.546 1.916 2.370 2.925 3.604 4430 5.437 6.659 8.140 12.10 17.86 21.64 1.257 1.577 1.974 2.465 3.0723.820 4741 5.871 7.258 8.954 13.55 20.36 24.89 1.270 1.6082033 2563 3.225 4.049 5.0726.341 7.911 9.850 15.18 23.21 28.63 1.282 1641 2.094 2666 3.386 4 292 5.427 6.848 8.623 10.83 17.00 26.46 32.92 1.2951673 2.157 2.772 3 556 4.549 5.8077.396 9399 11.92 19.04 30.1737 86 1308 1.707 2.221 2.883 3.733 4.822 6.214 7.988 10.25 13.11 21.32 3439 43.54 1321 1.741 2.289 2.999 3.920 5.112 6.649 8.627 11.17 14.4223.88 39.20 50.07 1.335 1.776 2.357 3.119 | 41165.418 7.114 9.317 | 12. 1715.86 26.75 44.69 57 58 1.348 1.811 2.427 3.243 4322 5.743 7.612 10 06 13 27 17 45 29.96 60.956621 1.489 2.208 3.2624 801 7.040 10 29 14.97 21.72 3141 45.2693.05 188.9 2679 1.6452692 4.384 710711.47 18.42 29.46 46.90 74 36 117.4 289.0 700.2 1084 Period 40 Period 50 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Future Value of Ordinary Annuity of $1 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2010 2.020 2030 2040 2050 2060 2070 2080 2.090 2.100 2.1202.140 2 150 3.030 3.060 3.091 3.122 3.153 3.184 3.215.3.246 3.278 3.310 3.374 3.440 3.473 4.0604.122 4.1844 2464 310 4 375 4.440 4506 4573 4641 4.779 4.921 4993 5.101 5.204 5.309 6.416 5.526 5.637 5.7515.867 5.985 6.105 6.353 6.610 6 742 6.152 6.308 6.468 6.633 6.802 6.9757.1537 336 7523 7.7168.115 8.536 8.754 7214 7.434 76627 898 8.142 8.394 8.654 8.923 9 200 9487 10.09 10.73 11.07 8.286 8.5838.8929.2149.549 9.897 10.260 10.64 | 11.03 11.44 12.30 13.23 13.73 9.3699.755 10.16 10.58 1103 11.49 11.98 12.49 13.02 13.58 14.78 16.09 16.79 10,46 10.95 1146 12.01 12.58 13.18 13.82 14 49 15.19 15.94 17.55 19.34 20.30 11.57 12.17 12.81 13,49 1421 14.97 15.78 16,65 17.56 18.53 20,65 23.0424 35 12.68 13.41 14.19 15.03 15.92 16.87 17 89 18.98 20.14 21.38 24 13 27 2729.00 13.81 14.68 15,62 1663 17.71 18.88 20.14 21.50 22.95 24 52 28.03 32.09 34 35 14.95 16.97 17.09 18.29 19.60 2102 22.55 24 21 26 02 27 98 32.39 37.58 40.60 16.10 17.29 18.60 20.02 21.58 23:28 25.13 27.15 29.36 31.77 37.28 43.84 47.58 17.2618.64 20.16 21.82 23.66 25 67 27 89 30 32 33.00 35.95 42.75 50.98 55.72 18.43 20.0121.7523,70 25 84 2821 30 84 33.75 36.97 40.5448.88 59.12 6508 Period 16 Period 17 Print Done eference Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 14.95 | 15.97 17 09 18.2919.60 21.02 22.56 24.21 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.58 23.28 25.13 27.15 29.3631.77 37.28 43.84 47.58 17.26 18.64 20.16 21.82 23.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 65.08 19.61 21.41 23.41 25.65 28.13 30.91 34.00 37 45 41.30 45.60 55.75 68.39 75.84 20.81 22.84 25.12 27.67 30.54 33.76 37 38 41.45 46.02 51.16 63.44 | 78.97 88.21 22.02 24 30 26.87 29.7833.07 36.79 41.00 45.76 51.1657.28 72.05 91.02 102.4 23 24 25.78 28.68 31.97 35.72 39.99 44 87 50 42 56.76 64.00 81.70 104.8 118.8 24 47 27.30 30.5434.25 38.51 43.39 49 01 55.46 62.87 71.40 92.50 120.4 1376 25.72 28.85 32.45 36.62 41.4347.00 53 44 60.89 69.53 79.54 104.6 138.3 159.3 26.97 30.42 34.43 39.08 44 50 50.82 58 18 66.76 76.79 | 88.50 118.2158.7184 2 28.243203 36.4641.65 47.73 54.86 63 25 73.11 84 7098.35 133.3 181.9 212.8 29.53 33.67 39.55 44 31 51.11 59.16 68 68 79.95 93.32 109 2 150 3 208 3 245.7 30.82 35 34 40.7147.08 54.6763.71744887.35 102.7 121.1 169.4 238.5 283.6 32.13 37.05 42.93 49.97 58.4068 53 80.70 95 34 113 0134 2 190.7 2729 327.1 33.45 38.79 45.22 52.97 62.32 73.64 87 35 104 0 124 1 1486 214.6 312.1 377.2 34.78 40.67 1768 56.08 66.447906 94.46 113.3 136.3 1645 241.3356.8 434.7 48.8960.40 | 75,40 96.03 120.8 154 8 199 6 259 1337 9 4426 767.1 1,342 1,779 64.46 84.59 112.8 152.7209.3290 3406 5 573 8 815.1 1164 2,400 49957,218 Period 40 Period 50 Print Done eference Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 14.95 | 15.97 17 09 18.2919.60 21.02 22.56 24.21 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.58 23.28 25.13 27.15 29.3631.77 37.28 43.84 47.58 17.26 18.64 20.16 21.82 23.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 65.08 19.61 21.41 23.41 25.65 28.13 30.91 34.00 37 45 41.30 45.60 55.75 68.39 75.84 20.81 22.84 25.12 27.67 30.54 33.76 37 38 41.45 46.02 51.16 63.44 | 78.97 88.21 22.02 24 30 26.87 29.7833.07 36.79 41.00 45.76 51.1657.28 72.05 91.02 102.4 23 24 25.78 28.68 31.97 35.72 39.99 44 87 50 42 56.76 64.00 81.70 104.8 118.8 24 47 27.30 30.5434.25 38.51 43.39 49 01 55.46 62.87 71.40 92.50 120.4 1376 25.72 28.85 32.45 36.62 41.4347.00 53 44 60.89 69.53 79.54 104.6 138.3 159.3 26.97 30.42 34.43 39.08 44 50 50.82 58 18 66.76 76.79 | 88.50 118.2158.7184 2 28.243203 36.4641.65 47.73 54.86 63 25 73.11 84 7098.35 133.3 181.9 212.8 29.53 33.67 39.55 44 31 51.11 59.16 68 68 79.95 93.32 109 2 150 3 208 3 245.7 30.82 35 34 40.7147.08 54.6763.71744887.35 102.7 121.1 169.4 238.5 283.6 32.13 37.05 42.93 49.97 58.4068 53 80.70 95 34 113 0134 2 190.7 2729 327.1 33.45 38.79 45.22 52.97 62.32 73.64 87 35 104 0 124 1 1486 214.6 312.1 377.2 34.78 40.67 1768 56.08 66.447906 94.46 113.3 136.3 1645 241.3356.8 434.7 48.8960.40 | 75,40 96.03 120.8 154 8 199 6 259 1337 9 4426 767.1 1,342 1,779 64.46 84.59 112.8 152.7209.3290 3406 5 573 8 815.1 1164 2,400 49957,218 Period 40 Period 50 Print Done