John Regan, an employee at Home Depot, made deposits of $780 at the end of each year for 4 years. Interest is 4% compounded annually. What is the value of Johns annuity at the end of 4 years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
nts: BU... M Connect M table_13.2.jpg 80... M table 13.2.jpg 80... M table 13.1.jpg 80. TABLE 13-1 M table 13.1.jpg 80... Ordinary annuity table. Compound sum of an annulty of $1 M Yo3 - acusar Period 2% 1.0000 10000 2.0600 4.2465 8.3227 3% 49. 5%. 6% 7% 8% 9% 1 1.0000 10% 1.0000 11% 12% 1.0000 13% 1.0000 1.0000 1.0000 2. 2.0200 20300 1.0000 2.0400 1.0000 20500 1.0000 1.0000 2.0700 3 2.0800 3.0604 3.0909 2.0900 2.1000 3.1216 21100 3.1525 21200 3.1836 2.1300 3.2149 3.2464 3.2781 4 4.1216 3.3100 3.3421 4.1836 3.3744 4.3101 3.4069 4.3746 4.4399 4.5061 4.5731 4.6410 47097 5 47793 5:2040 513091 48498 5.4163 5.5256 5.6371 5.7507 5.8666 5.9847 6.1051 6.2278 6.3529 6.4803 6 6.3081 6.4684 6.6330 6.8019 6.9753 7.1533 7.3359 7.5233 7.7156 7.9129 8 1152 7 7.4343 7.6625 78983 8.1420 8.3938 8.6540 8.9228 9.2004 9.4872 9.7833 10.0890 10.4047 8 8.5829 8.8923 9.2142 9.5491 9.8975 10.2598 10.6366 11.0285 11.4359 11 8594 12 2997 127573 9 9.7546 10.1591 10.5828 11.0265 114913 11.9780 124876 13.0210 13.5795 14.1640 147757 15-4157 10 10.9497 11.4639 12.0061 12.5779 13.1808 13.8164 14,4866 15.1929 15.9374 16.7220 175487 18 4197 11 12.1687 12.8078 13.4863 14.2068 14.9716 15.7836 16.6455 17.5603 18.5312 19 5614 206546 21.8143 15.0258 12 13 4120 14.1920 15.9171 16.8699 17.8884 18.9771 20.1407 21.3843 22.7132 25 6502 24 1331 15,6178 20.1406 21.4953 17.7129 18.8821 16.6268 28.0291 22.9534 24.5227 13 14.6803 26.2116 29.9847 27.9750 30.0949 348827 32 3925 19.5986 21.0 150 22.5505 24.2149 26.0192 14 15.9739 17.0863 18.2919 31.7725 34 4054 37.2797 40.4174 15 17.2934 18.5989 20.0236 21.5785 23.2759 25.1290 27.1521 29.3609 35.9497 427533 39.1899 46.67 17 30.3243 33.0034 23.6574 25.6725 27.8880 16 18.6392 20.1569 21.8245 40.5447 48.8837 44.5008 537390 36.9737 25.8403 28.212830.8402 33.7503 17 20.0120 21.7616 23.6975 617251 557497 455992 50 3959 37.4503 41.3014 28.1323 30.9056 33.9990 25.6454 18 21.4122 23 4144 70 7494 63.4397 56.9395 46.0185 51.1591 41.4463 30.5389 33.7599 37.3789 80 9468 720524 19 22.8405 25.1169 27 6712 64 2028 51.1602 57 2750 45.7620 33.0659 36.7855 40.9954 155 6194 20 24 2973 26,8704 29.7781 84.7010 98.3471 114.4133 133 3338 41.6459 47.7270 54.8644 63.2489 73.1060 25 32.0302 36.4593 66.4386 79.0580 94.4606 113.2833 136.3077 164.4941 199 02092413327 293.1989 30 40.5679 47.5754 56.0849 40 60 4017 75.4012 95.0254 120.7993 154.7616 199.6346 259.0569 337 8831 442.5928 581.8260 767 0913 10137030 50 84.5790 112.7968 152.6669 209.3470 290.3351 406.5277 573.7711 815.0853 1163.9090 1668 7710 24000180 3459 5010 Note: This is only a sampling of tables available. The Business Math Handbook shows tables from fx to 15%
