Jeb is entering high school and in determined to save money for college. Jeb feels he can save $1,500 each year for the next four years from his part-time job. Ifebi able to invest at 4, how much will he have when he starts college? (Click the icon to view Present Value of 1 table) (Click the icon to view Present Value of Ordinary Annuity of 51 table) (Click the loon to view Future Value of S1 table.) (Click the icon to view Future Value of Ordinary Annuity of 51 table (Round your answer to the nearest dollar) When Jeh starts college he will have to o pt 2 of 6 (3 complete) 15 (similar tal i Reference Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.797 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.507 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.452 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 Period 9 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.361 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.322 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.368 0.326 0.290 0.229 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.183 Period 16 0.853 0.728 0.623 0.534 0.458 0.394 0.339 0.292 0.252 0.218 0.163 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.146 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0.212 0.180 0.130 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.116 Period 20 0.820 0.673 0.554 0.456 0.377 0.3120.258 0.215 0.178 0.149 0.104 Period 21 ln 811 0660 1538 439 10 359 10 294 0242 0 199 n 164 1 0 135 10 093 Print Done owy CTORIT of 1 pt 2 of 6 (3 complete) 21.15 (similar tal i Reference 5% Present Value of Ordinary Annuity of 51 Periods 1% 2% 3% 4% 6% 7% 8% 9% 10% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 Period 2 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 Period 3 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 Period 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 Period 6 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 Period 7 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 Period 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 Period 9 8.566 8.1627.786 7.435 7. 108 6.802 6.515 6.247 5.995 5.759 Period 10 9.471 8.983 | 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 Period 11 10.368 9.7879.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.1616.814 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 8.3587.904 7.487 7.103 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 Period 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 Period 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 Period 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 Period 19 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 Period 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.649 ny Print Done Sung COPII M Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 Future Value of $1 1% 2% 3% 4% 5% 6% 7% 8% 9% 10 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.1 1.020 1.040 1.061 1.0821.103 1.124 1.145 1.166 1.188 1.2 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.3 1.041 1.0821.126 1.170 1.216 1.262 1.311 1.360 1.412 1.4 1.051 1.104 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.6 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 1.062 1.126 1.194 1.265 1.340 1.419 1.501 1.587 1.677 1.7 1.072 1.149 1.230 1.316 1.407 1.5041.606 1.714 1.828 1.9 1.083 1.172 1.267 1.369 1.477 1.594 1.718 1.851 1.993 2.1 1.094 1.195 1.305 1.423 1.551 1.689 1.838 1.999 2.172 2.35 1.105 1.219 1.344 1.480 1.629 1.791 1.967 2.159 2.367 2.59 1.116 1.243 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.85 1.127 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.13 1.138 1.294 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.45 1.149 1.319 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.79 1.161 1.346 1.558 1.801 2.079 2.397 2.759 3.172 3.642 4.177 1.173 1.373 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 1.184 1.400 1.653 1.948 2.292 2.693 3.159 3.700 4.328 5.054 1.196 1.428 1.702 2.026 2.407 2.854 3.380 3.996 4.717 5.560 1.208 1.457 1.754 2.107 2.527 3.026 3.617 4.316 5.142 6.116 1.220 1.486 1.806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 1.232 1516 1 860 22792 786 1 3400 4141 5034 16 1097.400 Period 16 Period 17 Period 18 Period 19 Period 20 Perind 21 Print Done CIT M milar tal Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Future Value of Ordinary Annuity of $1 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2030 2040 2050 2060 2.070 2.080 2.090 2.100 3.030 3.060 3.091 3.122 3.153 3.184 3.215 3.246 3.278 3.310 4.060 4.122 4.1844.246 4.310 4.375 4.440 4.506 4.573 4.641 5.101 5.204 5.309 5.416 5.526 5.637 5.751 5.867 5.985 6.105 6.152 6.308 6.468 6.633 6.802 6.9757.153 7.336 7.523 7.716 7.214 7.434 7.662 7.898 8.1428.394 8.654 8.923 9.200 9.487 8.286 8.583 8.892 9.214 9.549 9.897 10.260 10.64 11.03 11.44 9.369 9.755 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.58 10.46 10.95 11.46 12.01 12.58 13.16 13.82 14.49 15.19 15.94 11.57 12.17 12.8113.49 14.21 14.97 15.78 16.65 17.56 18.53 12.68 13.41 14.19 15.03 15.92 16.87 17.89 18.98 20.14 21.38 13.81 14.68 | 15.62 16.63 17.71 18.88 20.14 21.50 22.95 24.52 14.95 15.97 17.0918.29 19.60 21.02 22.55 24.21 26.02 27.98 16.10 17.29 18.60 20.02 21.58 23.28 25.13 27.15 29.36 31.77 17.26 18.64 20.16 21.8223.66 25.67 27.89 30.32 33.00 35.95 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 19.61 21.4123.41 25.65 28.13 30.91 34.00 37.45 41.30 45.60 20.81 22.84 25.12 27.67 30.54 33.76 37.38 41.45 46.02 51.16 22.02 24.30 26.87 29.78 33.07 36.79 41.00 45.76 51.16 57.28 23 24 25 78 28 68 31 971 3572 39.99 44 87 50.42 56.76 64 00 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Print Done Clerc IT