Homework: Chapter 12 Score: 0 of 1 pt 10 of 19 (9 complete) a. S12-7 (book/static) Assume you make the following investments: You invest a lump sum of $7,550 for three years at 12% interest. What is the investment's value at the end of three years? In a different account earning 12% interest, you invest $2,517 at the end of each year for three years. What is the investment's value at the end of three years? 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 valuo factor table.) (Click the icon to view the present value annuity factor table.) b c. a. You invest a lump sum of $7,550 for three years at 12% interest. What is the investment's value at the end of three years? (Round your answer to the nearest whole dollar) Investment's value Enter any number in the edities and then cick Check Answer 2. ports remaining Clear All MacBook Air 10 of 19 (9 complete) HWS Reference Periods 3% 1.030 2 3 4 5 6 1% 1.010 1.020 1.030 1.041 1.051 1.062 1,072 1.083 1,094 1.105 12% 1.120 1.254 1.405 1.574 1.762 2% 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 20% 1.200 1.440 1.728 2.074 2.488 1.061 1.093 1.126 1.159 1.194 1.230 1.267 1.305 1.344 4% 1.040 1,082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 1.480 1.539 1.601 1.665 1.732 1.801 2.191 2.666 3.243 4.801 5% 1.050 1.103 1.158 1.216 1.276 1.340 1.407 1.477 1.551 1.629 1.710 1.796 10% 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2. M4 2358 2.594 8 9 10 Future Value of $1 6% 8% 1.060 1.080 1.124 1.166 1.191 1.260 1.262 1360 1.338 1.469 1419 1587 1.504 1.714 1.594 1.851 1.689 1.999 1.791 2159 1.898 2332 2.012 2518 2.133 2.720 2.261 2.937 2.397 3.172 3.207 4.661 4.292 6.848 5.743 10.063 10.286 21.725 14% 1.140 1.300 1.482 1.689 1.925 2.195 2.502 2853 3 252 3.707 4.226 4.818 5.492 6.261 7.138 13.743 26.462 50.950 188,884 16% 1.160 1.346 1.561 1.811 2.100 2436 2.826 3.278 3.803 4.411 5.117 5.936 6.846 7,988 9.266 19.461 40.874 85.850 378.721 18% 1.180 1.392 1.643 1.939 2.288 2700 3.185 3.759 4,435 5.234 8.176 7.288 8.599 10.147 11.974 27:393 62.689 143.371 750.378 11 12 13 14 15 1974 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 1.116 1.127 1.138 1.149 1.161 1.384 1.426 1.469 1.513 1.558 1.808 2094 2427 3.282 2853 3.138 3.452 3.797 4.177 1.886 2986 3.583 4300 5.160 6.192 7430 8.916 10.699 12.839 15.407 38.338 95.396 237 378 1,469.772 20 25 30 40 1.220 1.282 1.348 1489 1.486 1.841 1.811 2208 1.980 2.079 2653 3.386 4.322 7.040 6.72Z 10.835 17.449 45.259 Print Done Clear X Reference Part you erer ole.) Periods 3% able 1 12% 0.893 1.690 2.402 3.037 3.605 2 3 4 5 14% 0.877 1.647 2322 2.914 3.433 16% 0.862 1.605 2 246 2.798 3274 18% 0.847 1.566 2.174 2.690 3.127 20% 0.833 1.528 2106 2.589 2.991 at 12 Present Value of Annuity of $1 1% 2% 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 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 4.853 4.713 4.580 4.452 4.329 4212 3.993 3.791 5.795 5.601 5.417 5.242 5.076 4.917 4.623 4355 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7,652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 8.566 8.162 7.786 7435 7.108 6.802 6.247 5.759 9.471 8.983 81530 8.111 7.722 7360 6.710 6.145 10 368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 11.255 10.575 9.954 9385 8863 8.384 7.536 6.814 12. 134 11.348 10 635 9.986 9.394 8.853 7.904 7.103 13.004 12.10611296 10.563 9.899 9.296 8.244 7367 13.865 12.849 11.93811.118 10 380 9.712 8.559 7606 18.046 16 351 14.877 13 590 12.462 11.470 9.818 8.514 22 023 19 523 17 413 15.622 14 094 12783 10.675 9.077 25.808 22 398 19.600 17.292 15 372 13.765 11.258 9427 32835 27/365 23.115 19.793 17 159 15 046 11.925 9.779 4.111 4.564 4.968 5.328 5.650 3.889 4.288 4.639 4.946 5.216 3.498 3.812 4.078 4.303 4.494 10 11 12 13 14 15 5.938 6.194 6.424 6.628 6.811 Z469 7 843 8.056 8.244 5.453 5.660 5.842 6.002 6.142 6.623 6.873 7,003 7,105 3.685 4.039 4.344 4.607 4.833 5.029 5.197 5.342 5.468 5.575 5 929 6.097 6.177 6.233 4.656 4.793 4.910 5.00B 5.092 3.326 3.605 3.837 4.031 4 192 4.327 4439 4533 4.611 4.675 4.870 4.948 4979 4.997 20 25 30 40 5353 5.467 5.517 5 548 lick Ch Print Done 10 of 19 (9 complete) HW Reference Periods 1 2 3 4 5 1% 1.000 2.010 3.030 4.060 5.101 3310 7 8 9 10 2% 1.000 2.020 3.060 4.122 5.204 6.308 7.434 8.583 9.755 10.950 12.169 13.412 14.680 15.974 17 293 24 297 32.030 40.568 60.402 6.152 7.214 8.286 9.369 10.462 11 567 12683 13 809 14.947 16.097 22.019 28 243 34.785 48.886 3% 1.000 2.030 3.091 4.184 5,309 6.468 7.662 8.892 10.159 11464 12.808 14.192 15.618 17.088 18.599 26.870 36.459 47.575 75.401 4% 1.000 2.040 3.122 4.246 5.416 6633 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 $1 5% 6% 8% 10% 1.000 1.000 1.000 1.000 2.050 2060 2.080 2.100 3.153 3.184 3.246 4310 4.375 4.506 4.641 5.526 5.637 5.867 6.105 6.802 6.975 7.336 7.718 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11436 11.027 11491 12.488 13.579 12.578 13.181 14487 15.937 14207 14.972 16,645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21495 24523 19.599 21.015 24.215 27.975 21.579 23.276 27.152 31.772 33.006 36.786 45.762 67.275 47.727 54.865 73.106 98.347 66.439 79.058 113.283 164494 120.800 154.762 259.057 442.593 12% 1.000 2120 3.374 4.779 6.353 8.115 10.089 12.300 14.776 17.549 20.655 24.133 28.029 32.393 37.280 14% 16% 18% 20% 1.000 1.000 1.000 1.000 2.140 2.160 2180 2200 3.440 3.506 3.572 3.640 4.921 5.066 5.215 5.368 6.610 6.877 7.154 7.442 8.536 8.977 9.442 9.930 10.730 11414 12.142 12.916 13.233 14 240 15.327 16.499 16.085 17.519 19.086 20.799 19.337 21.321 23.521 25.959 23.045 25.733 28.755 32.150 27.271 30850 34.931 39.581 32.089 36.786 42.219 48.497 37581 43.672 50.818 59.196 43.842 51.680 60.965 72.035 91.025 115.380 148.628 186.688 181.871 249.214 342.603 471.981 356.787 530.312 790,948 1,181.882 1,342 0252,360.757 4,163 2137,343 858 11 12 13 15 20 25 30 40 72052 133 334 241.333 767.091 oldid Print Done COUT AT RA 10 of 19 (9 complete) Reference years st, you differen table. Periods or table 1 2 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2690 3.127 20% 0.833 1.528 2.106 2.589 2.991 rs at 12 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 1.913 1.886 1.859 1.833 1.783 1.736 2.941 2.884 2.829 2.775 2.723 2673 2.577 2.487 3.902 3.808 3.717 3.630 3.546 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 4.623 4356 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 7.652 7.325 7.020 6.733 6.463 6210 5.747 5.336 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 10368 9.787 9.253 8.760 8.306 7 887 7.139 6.495 11.255 10.575 9.954 9.386 8.863 8.384 7.536 6.814 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 13.004 12.106 11.296 10563 9.899 9.295 8.244 7.367 13.865 12.849 11.938 11.11810.380 9.712 8.559 7.606 18.046 16.351 14.877 13.590 12 462 11.470 9.818 8.514 22.023 19.523 17 413 15 622 14 094 12 783 10875 9.077 25.808 22.396 19.60017292 15 372 13765 11258 9.427 32 835 27356 23.115 19.793 17.159 15.046 11.925 9.779 4111 4.564 4.968 5.328 5.650 3.889 4.288 4.639 4.946 5.216 3.498 3.812 4.078 4.303 4.494 9 10 3.685 4.039 4344 4.607 4.833 5029 5.197 5.342 5.468 5.575 11 12 13 14 15 5938 6.194 6.424 6.628 6 811 5 453 5.660 5.842 6.002 6.142 4.656 4.793 4.910 5,008 5.092 5353 5.467 6517 5.648 3.326 3.605 3.837 4.031 4.192 4327 4.439 4533 4.611 4.676 4.870 4948 4.979 4997 20 25 30 40 Z 469 7.843 8.055 8244 6.623 6.873 7.003 7 105 5.929 6.097 6.177 6 233 click on Print Done