If you invest $19,000 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.

1. In 10 years at 11 percent?

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

1. In 16 years at 11 percent?

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

1. In 19 years at 12 percent?

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

1. In 25 years at 12 percent (compounded semiannually)?

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

Appendix A

Future value of $1, FV_IF

FV = PV(1 + i)ⁿ

PeriodPercent1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%25%30%11.0101.0201.0301.0401.0501.0601.0701.0801.0901.1001.1101.1201.1301.1401.1501.1601.1701.1801.1901.2001.2501.30021.0201.0401.0611.0821.1031.1241.1451.1661.1881.2101.2321.2541.2771.3001.3231.3461.3691.3921.4161.4401.5631.69031.0301.0611.0931.1251.1581.1911.2251.2601.2951.3311.3681.4051.4431.4821.5211.5611.6021.6431.6851.7281.9532.19741.0411.0821.1261.1701.2161.2621.3111.3601.4121.4641.5181.5741.6301.6891.7491.8111.8741.9392.0052.0742.4412.85651.0511.1041.1591.2171.2761.3381.4031.4691.5391.6111.6851.7621.8421.9252.0112.1002.1922.2882.3862.4883.0523.71361.0621.1261.1941.2651.3401.4191.5011.5871.6771.7721.8701.9742.0822.1952.3132.4362.5652.7002.8402.9863.8154.82771.0721.1491.2301.3161.4071.5041.6061.7141.8281.9492.0762.2112.3532.5022.6602.8263.0013.1853.3793.5834.7686.27681.0831.1721.2671.3691.4771.5941.7181.8511.9932.1442.3052.4762.6582.8533.0593.2783.5113.7594.0214.3005.9608.15791.0941.1951.3051.4231.5511.6891.8381.9992.1722.3582.5582.7733.0043.2523.5183.8034.1084.4354.7855.1607.45110.604101.1051.2191.3441.4801.6291.7911.9672.1592.3672.5942.8393.1063.3953.7074.0464.4114.8075.2345.6966.1929.31313.786111.1161.2431.3841.5391.7101.8982.1052.3322.5802.8533.1523.4793.8364.2264.6525.1175.6246.1766.7777.43011.64217.922121.1271.2681.4261.6011.7962.0122.2522.5182.8133.1383.4983.8964.3354.8185.3505.9366.5807.2888.0648.91614.55223.298131.1381.2941.4691.6651.8862.1332.4102.7203.0663.4523.8834.3634.8985.4926.1536.8867.6998.5999.59610.69918.19030.288141.1491.3191.5131.7321.9802.2612.5792.9373.3423.7974.3104.8875.5356.2617.0767.9889.00710.14711.42012.83922.73739.374151.1611.3461.5581.8012.0792.3972.7593.1723.6424.1774.7855.4746.2547.1388.1379.26610.53911.97413.59015.40728.42251.186161.1731.3731.6051.8732.1832.5402.9523.4263.9704.5955.3116.1307.0678.1379.35810.74812.33014.12916.17218.48835.52766.542171.1841.4001.6531.9482.2922.6933.1593.7004.3285.0545.8956.8667.9869.27610.76112.46814.42616.67219.24422.18644.40986.504181.1961.4281.7022.0262.4072.8543.3803.9964.7175.5606.5447.6909.02410.57512.37514.46316.87919.67322.09126.62355.511112.460191.2081.4571.7542.1072.5273.0263.6174.3165.1426.1167.2638.61310.19712.05614.23216.77719.74823.21427.25231.94869.389146.190201.2201.4861.8062.1912.6533.2073.8704.6615.6046.7278.0629.64611.52313.74316.36719.46123.10627.39332.42938.33886.736190.050251.2821.6412.0942.6663.3864.2925.4276.8488.62310.83513.58517.00021.23126.46232.91940.87450.65862.66977.38895.396264.700705.640301.3481.8112.4273.2434.3225.7437.61210.06313.26817.44922.89229.96039.11650.95066.21285.850111.070143.370184.680237.380807.7902,620.000401.4892.2083.2624.8017.04010.28614.97421.72531.40945.25965.00193.051132.780188.880267.860378.720533.870750.3801,051.7001,469.8007,523.20036,119.000501.6452.6924.3847.10711.46718.42029.45746.90274.358117.390184.570289.000450.740700.2301,083.7001,670.7002,566.2003,927.4005,988.9009,100.40070,065.000497,929.000