If you invest $13,000 today, how much will you have in each of the following instances? Use Appendix A as an approximate answer , but calculate your final answer using the formula and financial calculator methods. a. In 9 years at 8 percent? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Future value b. In 18 years at 11 percent? (Do not round Intermediate calculations, Round your final answer to 2 decimal places.) Future value c. In 20 years at 10 percent? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Futiva d. In 25 years at 10 percent (compounded semiannually!? (Do not round Intbemediate calculation. Round your final answer to 2 decimal places.) Ful Appendix A Future value of $1,FV, FV = P1+ Perlod 2% 101 1 2 3 4 5 6 8 9 10 11 12 13 1.010 1.020 1.030 1.041 1051 1052 9.072 1.083 1.094 1.105 1.116 1.127 1.138 1.140 1.151 1.172 1.18 1.195 1.200 1220 1.020 1.040 1.061 1082 1.104 1.126 1.149 1.172 1.195 1219 1243 1.268 1.294 13 1346 1373 1.400 1428 1452 1.030 1.061 1093 1126 1.159 1.194 1.230 1257 1.305 1.344 1384 1426 1469 1.513 1.558 1605 1.650 1702 1754 1.800 2004 2427 302 45 1.040 1082 1.125 1.170 1217 1.265 1316 1369 1423 1.480 1.539 1.601 1.665 1.732 1801 1823 1940 2026 2.107 2.191 2666 3243 4101 1.107 1.050 1.103 1.158 1.216 1276 1340 7,407 1.477 1551 1.629 1710 1796 1886 1980 2079 2.183 2 202 240 2527 2653 330 4322 7040 11402 Percent 6% 7 1060 1.070 1.124 1.145 1.191 1.225 1.262 1.311 1338 1403 1419 1.501 1504 1.606 1.594 1.718 1.689 1838 1.291 1.962 1.898 2.105 2012 2.252 2130 2410 2261 2579 2397 2759 2540 2952 2.690 3:15 2854 3380 3020 3612 300 4292 5427 5740 7612 1000 1437 10:40 2014 1080 1.166 1260 1360 1.469 1587 1714 1.851 1999 2150 2332 2518 2.720 2937 3122 3420 1700 3096 4318 2661 1.090 1.188 1.295 1.412 1.539 1 677 1.328 1.993 2172 2 367 2580 2013 2066 2362 2642 2970 4320 4717 5.142 04 1993 1100 1210 1.31 1404 1.611 1.772 1949 2.144 2358 2334 2.53 1.138 3.452 3.797 4177 4593 5054 5560 6.116 6722 30 40 452 110 1232 1.368 1510 1.685 1.870 2076 2305 2538 2899 3152 3249 389) 2310 4785 5311 5095 14 15 16 12 18 7:20 330) CO 20 25 1300 140 1545 1641 1311 2.200 2692 10.06 225 CE COPIC ACT 22.02 6600 47 TOS Appendix A (concluded) Future value of $1 Period 1 30 1.300 2 4 5 6 7 0 15% 1.159 1.323 1.521 1.749 2011 2.313 2660 3059 3:518 4,046 4652 5.350 6.150 7076 3.137 13% 1.120 1.130 1.254 1.277 1.405 1443 1.574 1630 1.762 1 342 1974 2.082 2.211 2353 2476 2658 2.773 2004 3.106 3395 3479 3.836 3.898 4335 4363 4898 4887 5.135 5474 5.254 6130 7007 7986 7.590 9,613 10.197 9646 11523 37000 21221 29.90 20110 9301 13278 200.00 45074 9 10 11 12 13 14 15 16 10 1.140 1.300 1.482 1689 1.925 2.195 2.502 2.853 3.252 3.707 4220 4818 5.492 6.261 7.138 137 9.276 10.575 12.050 1374 26462 SONO 12 70093 1.160 1.846 1561 1811 2.100 2.430 2826 3.278 3803 4411 5.117 5.936 6.886 7988 9.250 10.748 12466 14463 16777 1946 40874 65859 3783 1670 1.170 1.369 1.602 1874 2.192 2565 2001 3511 108 4807 5624 6.580 7699 9.00 10.539 12330 1.420 16.179 9.74 92100 50 058 11107 Percent 18% 20% 25% 1180 1.190 1200 1.250 1.392 1.416 1.440 1563 1690 1.643 1.685 1728 1950 2.197 1939 2005 2074 24441 2956 2.28 2386 2488 3052 3713 2.700 2.949 2.980 1813 4827 3,185 3.379 3.583 4760 6270 3.759 4021 4300 5.900 R 157 4435 4785 S160 7451 $0.604 5.234 5606 6.192 931 13700 6.176 6.777 7430 11.642 17.923 72 8064 3910 14552 23.298 8599 9.506 10.699 18:190 30.28 10.142 11430 1239 22737 39.374 11 974 13.590 15.400 2.422 51 14129 16.172 1. 327 56.54 16.672 10.344 22.100 OB NO 1967 22.00 26.623 55.51 1240 23214 27252 SIMO 69.500 16 37.93 32420 23 30 773 050 TE 2730 38300 1,05 361 Boo 700680 37 SU 20 10751 12375 1423 16369 32919 0213 26760 1083 0092 LEC 50 46 50 CODE 2.168 COLE YCE
