Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much would he accumulate in a tax-deferred account earning 11 percent over 8, 13, or 18 years? Click on the table icon to view the FVIFA table : If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 11 percent over 8 years, the amount accumulated would be $ . (Round to the nearest dollar.) 6% 1.000 2.000 3.184 4% 1.000 2.040 3.122 4.246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 5% 1.000 2.050 3.153 4.310 5.526 6.802 8.142 9.549 11.027 12.578 14.207 15.917 4.375 5.637 6.975 8.394 9.897 11.491 13.181 14.972 16.870 Compound Sum of an Annuity of $1 (FVIFA) 7% 8% 9% 10% 1.000 1.000 1.000 1.000 2.070 2.080 2.090 2.100 3.215 3.246 3.278 3.310 4.440 4.506 4.573 4.641 5.751 5.867 5.985 6.105 7.153 7.336 7.523 7.716 8.654 8.923 9.200 9.487 10.260 10.637 11.028 11.436 11.978 12.488 13.021 13.579 13.816 14.487 15.193 15.937 15.784 16.645 17.560 18.531 17.888 18.977 20.141 21.384 11% 1.000 2.110 3.342 4.710 6.228 7.913 9.783 11.859 14.164 16.722 19.561 22.713 12% 1.000 2.120 3.374 4.779 6.353 8.115 10.089 12.300 14.776 17.549 20.655 24.133 13% 1.000 2.130 3.407 4.850 6.480 8.323 10.405 12.757 15.416 18.420 21.814 25.650 9 10 11 12 18.292 | 19.599 21.015 20.024 21.579|| 23.276 21.825 23.657 25.673 23.698 255.840 28.213 25.645 28.132 30.906 27.67130.53933.760 29.778 | 33.066 36.786 31.969 35.719 | 39.993 34.248 38.505 43.392 36.618 41.430 46.996 39.083 44.502| 50. 816 41.646 47.727| 54.865 56.085 66.439|| 79.058 95.026 120.800 154.762 152.667 209.348 290.336 22.550 24.215 26.019 25.129|| 27.152 29.361 27.888 30.324 33.003 30.840 33.750|| 36.974 3 3.999|| 37.450 41.301 37.37 41.446 46.018 40.95 45.762 151.160|| | 44.865 50.423 56.765 49.006 55.457 62.873 53.436|| 60.893 69.532 58.17 66.765 76.790 63.249 73.106|| 4.701 4.4611113.283 136.308 199.635259.057337.862 406.529573.770815.084| 27.975 31.772 35.950 40.545|| | 45.599 51.159 57.275 | 64.002 30.095 32.393 34.883 34.405 37.280 40.417 39.190 42.753 | 46.672 44.50 1| | 48.884 53.739 | 50.396 55.750 61.725 56.939 63.44070.749 64.203|| 72.052 80.947 72.265 81.699 192.470 81.214 92.503 105.491 | 91.148 104.603 120.205 | 102.174 118.155 136.831 114.413 133.334 155.620 199.021|| 241.333 293,199 581.826767.0911013.704 1668.771 2400.018 3459.507 (71.403 79.543 | 88.497|| 98.347|| 164.494 4 42.593 1163.909
