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Lee Holmes deposited $15,000 in a new savings account at 9% Interest compounded semlannually. At the beginning of year 4. Lee deposits an additional $40,000

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Lee Holmes deposited $15,000 in a new savings account at 9% Interest compounded semlannually. At the beginning of year 4. Lee deposits an additional $40,000 at 9% Interest compounded semiannually. At the end of 6 years, what is the balance in Lee's account? (Use the Table provided.) (Do not round Intermediate calculations. Round your answer to the nearest cent.) Balance Future value interest factor of $1 per period at i% for n periods, FVIF(i,n). Period 1 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 + in jagun2- EEP 24 89mT*Tmm 0.5% 1.0% 1.5% 2.0% 1.0050 1.0100 1.0150 1.0200 1.0100 1.0201 1.0302 1.0404 1.0151 1.0303 1.0457 1.0612 1.0202 1.0406 1.0614 1.0824 1.0253 1.0510 1.0773 1.1041 1.0304 1.0615 1.0934 1.1262 1.0355 1.0721 1.1098 1.1487 1.0407 1.0829 1.1265 1.1717 1.0459 1.0937 1.1434 1.1951 1.0511 1.1046 1.1605 1.2190 1.0564 1.11571.1779 1.2434 1.0617 1.1268 1.1956 1.2682 1.0670 1.1381 1.2136 1.2936 1.0723 1.1495 1.2318 1.3195 1.0777 1.1610 1.2502 1.3459 1.0831 1.1726 1.2690 1.3728 1.0885 1.1843 1.2880 1.4002 1.0939 1.1961 1.3073 1.4282 1.0994 1.2081 1.3270 1.4568 1.1049 1.2202 1.3469 1.4859 1.1104 1.2324 1.3671 1.5157 1.1160 1.24471.3876 1.5460 1.1216 1.2572 1.4084 1.5769 1.12721.2697 1.4295 1.6084 1.1328 1.2824 1.4509 1.6406 1.1385 1.2953 1.4727 1.6734 1.1442 1.3082 1.4948 1.7069 1.1499 1.32131.5172 1.7410 1.1556 1.3345 1.5400 1.7758 1.1614 1.3478 1.5631 1.8114 1.1672 1.3613 1.5865 1.8476 1.1730 1.3749 1.6103 1.8845 1.1789 1.3887 1.6345 1.9222 1.1848 1.4026 1.6590 1.9607 1.1907 1.4166 1.6839 1.9999 1.1967 1.4308 1.7091 2.0399 1.2027 1.4451 1.7348 2.0807 1.2087 1.4595 1.7608 2.1223 1.2147 1.4741 1.7872 2.1647 1.2208 1.4889 1.8140 2.2080 1.2269 1.5038 1.8412 2.2522 1.2330 1.5188 1.8688 2.2972 1.2392 1.5340 1.8969 2.3432 1.2454 1.5493 1.9253 2.3901 1.2516 1.5648 1.9542 2.4379 1.2579 1.5805 1.9835 2.4866 1.2642 1.5963 2.0133 2.5363 1.2705 1.6122 2.0435 2.5871 1.2768 1.6283 2.0741 2.6388 1.2832 1.6446 2.1052 2.6916 | 2.5% 1.0250 1.0506 1.0769 1.1038 1.1314 1.1597 1.1887 1.2184 1.2489 1.2801 1.3121 1.3449 1.3785 1.4130 1.4483 1.4845 1.5216 1.5597 1.5987 1.6386 1.6796 1.7216 1.7646 1.8087 1.8539 1.9003 1.9478 1.9965 2.0464 2.0976 2.1500 2.2038 2.2589 2.3153 2.3732 2.4325 2.4933 2.5557 2.6196 2.6851 2.7522 2.8210 2.8915 2.9638 3.0379 3.1139 3.1917 3.2715 3.3533 3.4371 3.0% 3.5% 1.0300 1.0350 1.0609 1.0712 1.0927 1.1087 1.1255 1.1475 1.1593 1.1877 1.1941 1.2293 1.2299 1.2723 1.2668 1.3168 1.3048 1.3629 1.3439 1.4106 1.3842 1.4600 1.4258 1.5111 1.4685 1.5640 1.5126 1.6187 1.5580 1.6753 1.6047 1.7340 1.6528 1.7947 1.7024 1.8575 1.7535 1.9225 1.8061 1.9898 1.8603 2.0594 1.9161 2.1315 1.9736 2 2061 2.0328 2.2833 2.0938 2.3632 2.1566 2.4460 2.2213 2.5316 2.2879 2.6202 2.3566 2.7119 2.4273 2.8068 2.5001 2.9050 2.5751 3.0067 2.6523 3.1119 2.7319 3.2209 2.8139 3.3336 2.8983 3.4503 2.9852 3.5710 3.0748 3.6960 3.1670 3.8254 3.2620 3.9593 3.3599 4.0978 3.4607 4.2413 3.5645 4.3897 3.6715 4.5433 3.7816 4.7024 3.8950 4.8669 4.0119 5.0373 4.1323 5.2136 4.2562 5.3961 4.3839 5.5849 4.0% 1.0400 1.0816 1.1249 1.1699 1.2167 1.2653 1.3159 1.3686 1.4233 1.4802 1.5395 1.6010 1.6651 1.7317 1.8009 1.8730 1.9479 2.0258 2.1068 2.1911 2.2788 2.3699 2.4647 2.5633 2.6658 2.7725 2.8834 2.9987 3.1187 3.2434 3.3731 3.5081 3.6484 3.7943 3.9461 4.1039 4.2681 4.4388 4.6164 4.8010 4.9931 5.1928 5.4005 5.6165 5.8412 6.0748 6.3178 6.5705 6.8333 7.1067 4.5% 1.0450 1.0920 1.1412 1.1925 1.2462 1.3023 1.3609 1.4221 1.4861 1.5530 1.6229 1.6959 1.7722 1.8519 1.9353 2.0224 2.1134 22085 2.3079 2.4117 2.5202 2.6337 2.7522 2.8760 3.0054 3.1407 3.2820 3.4297 3.5840 3.7453 3.9139 4.0900 4.2740 4.4664 4.6673 4.8774 5.0969 5.3262 5.5659 5.8164 6.0781 6.3516 6.6374 6.9361 72482 7.5744 7.9153 8.2715 8.6437 9.0326 5.0% 1.0500 1.1025 1.1576 1.2155 1.2763 1.3401 1.4071 1.4775 1.5513 1.6289 1.7103 1.7959 1.8856 1.9799 2.0789 2.1829 2.2920 2.4066 2.5270 2.6533 2.7860 2.9253 3.0715 3.2251 3.3864 3.5557 3.7335 3.9201 4.1161 4.3219 4.5380 4.7649 5.0032 5.2533 5.5160 5.7918 6.0814 6.3855 6.7048 7.0400 7.3920 7.7616 8.1497 8.5572 8.9850 9.4343 9.9060 10.4013 10.9213 11.4674 5.5% 1.0550 1.1130 1.1742 1.2388 1.3070 1.3788 1.4547 1.5347 1.6191 1.7081 1.8021 1.9012 2.0058 2.1161 2.2325 2.3553 2.4848 2.6215 2.7656 2.9178 3.0782 3.2475 3.4262 3.6146 3.8134 4.0231 4.2444 4.4778 4.7241 4.9840 5.2581 5.5473 5.8524 6.1742 6.5138 6.8721 7.2501 7.6488 8.0695 8.5133 8.9815 9.4755 9.9967 10.5465 11.1266 11.7385 12.3841 13.0653 13.7838 14.5420 6.0% 1.0600 1.1236 1.1910 1.2625 1.3382 1.4185 1.5036 1.5938 1.6895 1.7908 1.8983 2.0122 2.1329 2.2609 2.3966 2.5404 2.6928 2.8543 3.0256 3.2071 3.3996 3.6035 3.8197 4.0489 4.2919 4.5494 4.8223 5.1117 5.4184 5.7435 6.0881 6.4534 6.8406 7.2510 7.6861 8.1473 8.6361 9.1543 9.7035 10.2857 10.9029 11.5570 12.2505 12.9855 13.7646 14.5905 15.4659 16.3939 17.3775 18.4202 6.5% 1.0650 1.1342 1.2079 1.2865 1.3701 1.4591 1.5540 1.6550 1.7626 1.8771 1.9992 2.1291 2.2675 2.4149 2.5718 2.7390 2.9170 3.1067 3.3086 3.5236 3.7527 3.9966 4.2564 4.5331 4.8277 5.1415 5.4757 5.8316 6.2107 6.6144 7.0443 7.5022 7.9898 8.5092 9.0623 9.6513 10.2786 10.9467 11.6583 12.4161 13.2231 14.0826 14.9980 15.9729 17.0111 18.1168 19.2944 20.5485 21.8842 23.3067 7.0% 1.0700 1.1449 1.2250 1.3108 1.4026 1.5007 1.6058 1.7182 1.8385 1.9672 2.1049 2.2522 2.4098 2.5785 2.7590 2.9522 3.1588 3.3799 3.6165 3.8697 4.1406 4.4304 4.7405 5.0724 5.4274 5.8074 6.2139 6.6488 7.1143 7.6123 8.1451 8.7153 9.3253 9.9781 10.6766 11.4239 12.2236 13.0793 13.9948 14.9745 16.0227 17.1443 18.3444 19.6285 21.0025 22.4726 24.0457 25.7289 27.5299 29.4570 7.5% 1.0750 1.1556 1.2423 1.3355 1.4356 1.5433 1.6590 1.7835 1.9172 2.0610 2.2156 2.3818 2.5604 2.7524 2.9589 3.1808 3.4194 3.6758 3.9515 4.2479 4.5664 4.9089 5.2771 5.6729 6.0983 6.5557 7.0474 7.5759 8.1441 8.7550 9.4116 10.1174 10.8763 11.6920 12.5689 13.5115 14.5249 15.6143 16.7853 18.0442 19.3976 20.8524 22.4163 24.0975 25.9048 27.8477 29.9363 32.1815 34.5951 37.1897 8.0% 1.0800 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000 3.9960 4.3157 4.6610 5.0338 5.4365 5.8715 6.3412 6.8485 7.3964 7.9881 8.6271 9.3173 10.0627 10.8677 11.7371 12.6760 13.6901 14.7853 15.9682 17.2456 18.6253 20.1153 21.7245 23.4625 25.3395 27.3666 29.5560 31.9204 34.4741 372320 40.2106 43.4274 46.9016 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 8.5% 1.0850 1.1772 1.2773 1.3859 1.5037 1.6315 1.7701 1.9206 2.0839 2.2610 2.4532 2.6617 2.8879 3.1334 3.3997 3.6887 4.0023 4.3425 4.7116 5.1120 5.5466 6.0180 6.5296 7.0846 7.6868 8.3401 9.0490 9.8182 10.6528 11.5583 12.5407 13.6067 14.7632 16.0181 17.3796 18.8569 20.4597 22.1988 24.0857 26.1330 28.3543 30.7644 33.3794 36.2167 39.2951 42.6352 46.2592 50.1912 54.4574 59.0863 47 48 49 50

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