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Mid-South Auto Leasing leases vehicles to consumers. The attraction to customers is that the company can offer competitive prices due to volume buying and requires

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Mid-South Auto Leasing leases vehicles to consumers. The attraction to customers is that the company can offer competitive prices due to volume buying and requires an interest rate implicit in the lease that is one percent below alternate methods of financing. On September 30, 2021, the company leased a delivery truck to a local florist, Anything Grows. The fiscal year for both companies ends December 31. The lease agreement specified quarterly payments of $3,500 beginning September 30, 2021, the beginning of the lease, and each quarter December 31, March 31, and June 30) through June 30, 2024 (three-year lease term). The florist had the option to purchase the truck on September 29, 2023, for $7,000 when it was expected to have a residual value of $11,500. The estimated useful life of the truck is four years. Mid-South Auto Leasing's quarterly interest rate for determining payments was 3% (approximately 12% annually). Mid-South paid $29,200 for the truck. Both companies use straight-line depreciation or amortization. Anything Grows'incremental interest rate is 12% Hint: A lease term ends for accounting purposes when an option becomes exercisable if it's expected to be exercised (t.e., a BPO). (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the amount of selling profit that Mid-South would recognize in this sales-type lease. (Be careful to note that, although payments occur on the last calendar day of each quarter, since the first payment was at the beginning of the lease, payments represent an annuity due.) 2. Prepare the appropriate entries for Anything Grows and Mid-South on September 30, 2021. 3. Prepare an amortization schedule(s) describing the pattern of interest expense for Anything Grows and interest revenue for Mid-South Auto Leasing over the lease term. 4. Prepare the appropriate entries for Anything Grows and Mid-South Auto Leasing on December 31, 2021. 5. Prepare the appropriate entries for Anything Grows and Mid-South on September 29, 2023, assuming the purchase option was exercised on that date. TABLE 2 Present Value of $1 $1 PV (1+0) w 1.046 1.596 2.09 2.596 3.096 4,096 4.5% 5.09 5.5% 6.044 7.04 8.09 9.09 10.046 11.09 12.0% 20.0% 10.99010 098522 098039 097561 097087 0.96618 0.96154 0.95694 0.95238 0.94787 0.94340 093458 092593 0.91743 0.90909090090 089286 0.83333 20.98030 0.97066 0.96117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90703 089845 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.69144 3 0.97059 0.95632 0.94232 092500091514 090194 098900 0.87630 0.86.394 0.85161 0.83962 0.51630 0.79383 0.77218 0.75131 073119 0.71178 057870 4096098 094218 0.92385 090595 088849 0.87144 085480 083856 082270 080722 0.79209 0762.90 0.73503 070543 0.68301 065873 063552 048225 5 095147 0.92826 0.90573 085355 0.86261 0.84197 0.52193 0.50245 0.78353 076513 0.74726 0.71299 0.65058 064993 0.62092 0.59345 0.56743 040155 60.94205 0.91454 0.88797 0.862.30 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.33490 7 093272 090103 0.87056 0.34127 0.81309 0.75599 0.75992 073483 0.71058 0.68744 0.66506 0.62275 0.58349 054703 051316 0.48166 0.45235 027903 3 092348 0.88771 0.85349 082075 0.78941 0.75941 0.73069 070319 0.67684 0.651600.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 023257 9 091434 0.87459 0.83876 080073 0.76642 0.73373 0.70259 0.67290 0.64461 0.61763 0.59190 0.54393 0.0025 0.46043 042410 0.39092 0.36061 019381 10 090529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 038554 0.35218 0.32197 0.16151 11 0.89632 0.84893 0.80426 0.76214 0.72342 0.68495 0.64958 0.61620 0.58468 0.55491 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.13459 12 088745 083639 0.78849 0.74356 0.70138 0.66178 0.62460058966 0.55684 0.52598 049697 0.44401039711 035553 0.31863 028584 0.25668 0.11216 13 087566 0.82403 0.77303 0.72542 0.68095 0.63940 0.50057 0.56427 0.53032 0.49856 046534 0.41496 0.36770 0.32618 0.28966 025751 0.22917 0.09346 14 086996 0.81185 0.75758 0.70773 0.66112 0.61778 0.57748 0.53997 050507 047257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 020462 0.07789 15 080135 0.7998 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 048102 044793 0.41727 0.36245 031524 0.27454 023939 0.20900 0.18270006491 16 0.85252 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 0.45511 0.42453 0.39365 0.33873 0.29189 0.25157 0.21763 0.13529 0.16312 0.65409 17 084438 0.77639 071416 0.65720 0.60502 0.55720 0.51337 0.47315 0.43630 040245 037136 031657 0.27027 0.23107 0.19734 0.16963 0.14564 004507 18 0.83602 076491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 041552 038147 035034 0.29586 025025 021199 0.17986 0.15282 0.13004 0.03756 19 082774 0.75361 069643 0.62553 0.57029 052016 0.47464 0.43330 0.39573 036158 033051 0.27651 023171 019449 0.16351 0.13768 0.11611 0.03130 20 081954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 0.31180 025842 0.21455 0.17543 0.14864 0.12403 0.10367 0.02608 21 0.81143 0.73150 0.65978 0.595.39 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.29416 0.24151 0.19866 0.16370 0.13513 0.11174 0,09256 0.02174 24 0.78757 069954 0.62172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.276660 24698 0.19715 0.15770 0.12640 0.10153 0.08170 0,06588 0.01258 25 0.77977 0.68921 0.609530.53939 0.47761 0.42315 0.37512 0.33273 0.29530 0.26223 0.23300 0.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.01048 25 0.75684 0.65910 0.57437 0.50088 0.43708 0.38165 0.33348 0.29157 025509 0.22332 0.19563 0.15040 0.11591 0.08955 0.06934 0.05382 0.04187 0.00607 29 0.74934 0 64936 0.56311 0.48866 0.42435 036875 0.32065 0.27902 0.24295 021168 0.18456 0.1-4056 010733 0.08.315 0.06304 001849 0,03738 000506 30 0.74192 0.61976 0.55207 0.47674 0.41199 0.35628 0.30832 0.26700 0.23138 0.20064 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03335 0.00431 31 0.73458 0.63031 0.54125 0.46511 0.39999 0.34423 0.29646 0.25550 0.22036 0.19018 0.16425 0.12277 0.09202 0.06915 0.05210 003935 0.02980 0.00351 40 0.67165 0.55126 0.45289 037243 030656 025257 0.20829 017191 014205 0 11746 009722 0.06678 004603 003184 0.02.209 001538 0.01075 000068 TABLE 3 Future Value of an ordinary Annuity of $1 (1+1)-1 FVA 1 1.04 7.04. 20.046 4.59 10000 1 0000 5.04 1.0000 20500 3.1525 3.04 1.0000 20800 10000 5.59 1.0000 20550 3.1680 1.5% 2.09 3.0% 3.5% 4.6% 1 10000 10000 10000 10000 10000 10000 10000 22.01002015020200 2.0250 20300 20350 20400 3 30101 3.0452 3.0004 3:0756 30909 3.1062 3.1216 4 4.0604 4.0909 4.1216 41525 41836 4.2149 42465 3 5.1010 1523 5.2000 5.2563 53091 5.3625 5.4163 11.04 10000 2.1100 20700 10.09 1.0000 21000 33100 6.04 1.0000 20600 31836 43746 5.6371 20450 3.1370 9.045 10000 2.0900 32781 45731 59547 12.04 10000 21200 33741 4.7793 2.2000 36100 32149 44399 4.2752 4.3423 4.5061 4.7097 5.3680 43101 5.5256 46410 61051 5.4707 55811 5.7507 53666 6 2278 6:3528 74416 6.8019 6.8881 6.9753 7.1583 7.3359 7.5233 7.7156 7.9129 81153 9.9299 12.9159 6 6.1520 6.2296 6.3051 6.3877 6.4684 6.5502 6.6330 77.2135 73230 74343 7.5474 7.6625 7.7794 33785784328 8.5830 8.736138923 9.051792142 9 9.3635 9.5593 9.7546 9.9545 10.1591 10.3685 10.5828 10 10.4622 10.7027 109497 11:2034 114639 11.7314 12.0061 6.7169 3.0192 9.3800 10.1021 93975 95491 11.0266 12 5779 8.2009 97216 112563 12.8754 102595 11 9780 13.8164 9.2004 11.0285 13.0210 15.1929 10.6365 12.4876 144866 11.4913 13 1808 9.7833 10.0890 118594 12.2997 141610 14.7757 16.7230 17.5487 11.4359 135795 159374 16.4991 20.7989 25.9587 13.412 14.9716 15.7856 16.6455 1828312 20.6546 33.1504 11 11.5668 11.8633 12.1687 12.4835 12.1073 13.1420 13.4564 12 12.0825 13.0412 13:4121 13.7956 14.1920 14.6020 15.0258 13 13.1093 142168 146803 15 1404 15.6178 16:1130 166266 14 149474 154504 15.9719 16.5190 17016) 17.6720 182919 15 16.0969 166321 17.2934 179319 11.5989 19.2957 200236 14.2005 15 9171 17.7110 19 5966 215786 15.4640 17.159 189321 20 7641 10.3856 18.268 20 2936 188821 21 0151 23.2760 18.9771 21.1959 242149 201400 225505 25 1290 28.0291 17.5603 201407 22.9534 26.0192 293609 10.5614 227132 26. 2116 1099 04054 245227 27 9750 317725 39.5805 44900 59 1959 32 1936 37 2797 22.4007 720351 33.0034 16 17.2579 17.9334 11.6.993 19.3802 301569 10.9710 21.5345 17 18:4304 19.2014 20.0121 20.8647217016 22.7050 33975 18 19.0147 204894 214123223863 234144244997356454 19 20.31091797 221406 23.946035110963572 276712 20 220190 332237 222974 25.5417 26870438.797 7781 33.6575 247412 25.8404 268551 281324 2.0536 30 5300 313714 330660 25.6725 269964 2219 294812 30.9057 32.1027 33.7000 14868 36 7850 30 5402 33. 10.3949 33.7502 374500 414463 369737 40.5447 41301) 45.5992 460185 51.1591 31. 1601 57 2750 39.100 445008 50 1959 5695 4837 55.7497 634397 920524 87.4421 105 9300 128 1167 154.7400 1860 373790 1055 45.70 01203 21 33.3393 244705 25.7833 97.1833 38.676530.2005 31.902 33.7831 35.7193 37.761 19.0927 10.4320 56.7645 4.0025 81.6087 225.0356 30 34,7549375387 405681 43 9022 475754 31.6027 560019 610071 06:43 72.4355 79052 94460 1132832 136 3075 1614940 199 0309 2413327 1161 8816 4045564 54.2679604020674036 75.4013 45.503 950255 1070303 12079981360056 154.7620 199.6151 3590565 337.624 442 5926 561 62617670914 7343.657 TABLE 5. Future Value of an Annuity Due of $1 (1+1) FVAD 4.596 50% 5.59 6.096 12.09 20.046 11.04 11100 10550 10700 11200 1.2000 1.046 1 10100 2 20301 3 3.0004 4 41010 $S1520 1.5% 2.09 2.5% 3.096 3.59 10150 1.0200 10250 10300 1.0350 2.0452 2.0604 2.0756 2.0909 21062 3.09091216 315253.1836 3.2149 4153342040 4.256343091 4 3635 52296 53081 5387754684 S.5502 4.096 1.0400 21216 3.2465 44163 3,6330 1.0450 2.1370 32782 4.4707 $7169 10.09. 1.1000 23100 3.6410 21680 33433 30% 9.05 1.0800 1.0900 2.2781 35061 3.5731 4.5666 49847 63359 2.1525 33101 45356 58019 3.7097 21836 3.3746 46371 59753 2.3744 37793 53528 2.6400 3650 6.4416 51051 52278 4.7507 6.1539 58881 6 7150 6.9129 7.1152 89299 3.7833 10.8594 6 6.2135 6.3230 6.5474 6.6625 6.7794 6.8983 7 7.2857 74328 75830 7.7361 78923 80517 12142 3 33685 5593 17546 39545 9.1591 9.3665 95828 94622 9.7027 9.9497 102034 10 4699 107314 11.0061 10 10.5668 10.5633 11.1687 11.4835 11.8078 121420 12.4864 7,0192 13500 9.3001 11282 7.3660 15491 5.7216 100266 10.256) 11579 118754 13.2008 13.5835 7.1938 8.8975 9.2593 104913 10970 12.1505 128164 13.9716 147836 7.9228 9.6366 114676 134566 15.6455 3.2004 10.0255 120210 14199 16 5603 3.4873 10:4359 12.5795 149374 17.3312 9.0990 11 2997 13.7757 11.9159 35.4991 197989 249587 311504 13.1640 15.7220 18 5614 6 128412 19 6546 II 11.635 12.0412 12.4121 12.7956 13.1930 15.6020 14.0255 14.4640 12 12 8093 13.2368 13.6803 141404 14617815 1130 15.6261 16. 1599 13 139174 144504 149739 15 5190 160663 166770 172919 179321 14 1509091561 162934 169119 17.5801812939 19.0236 19.7341 15 16.3579 16.9334 17.6393 183802 19.1500199710 20.6245 217193 149171 15.3856 15.99 16.3 17.9771 16 7130 17200 1761 19.1406 2044953 18.5916 19.2926 200151 215505232149 205786 214087 22760 241290 261521 326573 230411 19.1407 20.3543 21.9534 33.5227 25.0193269750 283000 30.7725 32.004 34.9491 11.7132 252110 29.09:49 331331 270291 31 3920 38.5505 474960 58 1959 71 0151 33.4054 38.1899 16 2197 41 7533 43.500 49.3959 16 17.4804 18.2014 19.011 19.8647 307016 21.7050 12.6975337419 17 18.6147 194894 204123 213863 924144 234997946454 358551 18 19.8109 20.7967 218406 229460 241169 25.3572 26.6712280636 19 210190 22.1237 23.2974245447 258704 272797 28.7781303714 20 222392 23:4705 247833 26.1833 27 6765 29.2695 309692 24.8404 25.9964 27.1324 234812 295390311027 12.000 3363 347193 36.7861 37.2129 29.840332.7503 299057 339990364502 12.760036.3790404463 157556 39 9955447620 35.9737 39.5447 403013 44.5992 45.0185 50 1591 50.1601 56.2750 55.765 63.0025 55.9395 63 2028 47.5837 547497 62.4397 710534 30 6982 1049306 127.1167 153.7400 185 630 324 0256 21.2651 21 23.4716 24.8376 26.2990 27.5629 295368 31.3280 33.2480 333034 39.8643 42-1913 48.00$7 54.4565 61.8735 70.4027 80.2143 91 5036 270.0307 25 235256 305140326709 350117 375530 40.3131 433117 46 3706 50 1135 S39660 58 1564 676765 789544 92 3340 108 1515 126.9988 149 3339 566 3773 30 35.1327 38.1018 41379445.000349.0027 53:4295 58.3283 63.7524 69.7608 76,4194 83.8017 1010730 122.3459 148.5752 1809434 220 9132 270 2926 1418 2579 40 49 3752 55.0819 61.6100 69087677663357.509 98.8365 111 8467 126 8398 14.1189 164.0177 2136096379.7310 368.2919 486,8518 615.8269 359.1424 58126294 TABLE 4 Present Value of an ordinary Annuity of $1 PVA 3.096 1.596 1 2 1.595 2.09 099010 098522 098039 0.97561 1.97040 1.95588 194156 1.92742 2.94099 291220 2.85602 390197 3.85438 3.80773 3.76197 4.85343 4.70264 4.713464.64583 0.97087 191347 2.32861 3.71710 090618 119969 20164 3.67908 4.51505 0.96154 095694 095238 1.58609187287 185941 2.77509 2.74896 2.72335 3.6.2990 3 4 6,046 8,045 10.09 11.09 20.04 0.94340 09345092593091743 090909 090090 089286 0.83333 1.53339 1.10802 178326 175911 1.73554 171252 169005 152778 2.67301 262432 257710 253129 2.45685 24371 2401532.10648 3.46511 335721 323972 3.16987 3.10245 3:03735 258873 4.21236 410020 3.99271 3.88965 3.79079 3.69590 3.60473 299061 0.94787 1.54632 269793 3.50515 4.27028 5 4.57971 445182 430990 432948 5.24214 4.99893 4.63285 65.79548 5.69719 1 6.72519 659821 748593 541719 6 23028 7.01909 8.00205 5.60143 647199 6.34939 733545 7.17014 162247.97057 39239 8.75306 568297 $32855 611454 6.87396 7.60709 31001 SI5787 5,07560 889270 5.78637 6.59589640321 7.20179 7.10782 791373773173 4.91732 4.76654 3.58238 536929 6.20979597130 6.80169 6.51523 7.36099 707358 5:20037 5.74664 6.34619 4.48593 4.35526 4.23054 4.11141 3.32951 5.03295 4.60542 471220 456378 3.60459 553432533491 514012496764 383716 5.99525 5.75902553705 5.33525401097 6417666.14457 588933 565022 4.19347 7.71011 $5660730052 9.47110 32215 743533 1105 695230 753703 10 53030 6.71005 11 10.36763 10.07113 9. 0.00155 8.76048 3.8893 30641 8.69254 12 11 25500 10.90751 10.5954 10.25776 9.95400 9.66333 938507 11850 361053 13 12.15374 1173159 113487 1090319 10.61490 10.30374 939357 9.31708 14 13.00370 12.54338 12.10625 11 69091 11 29607 1092057 1056312 10 22389 9898649.5965 15 13.16505 1334323 12.4926 123813811997941151741 11.11539 10.73955 10379061003758 78687 1.1154 3.85708 9.29491 7.49507 7.94209 335705 74547 210791 7.13896 6.80510 0506 6.30653 5.93770 432706 7.53608 7.10073 63110 649236 6.127 443922 7.90378 748090710336 612987 0.42355 453365 7.25615 736669 698187 662817 461057 355941 106000 76000 7190876.51036 467547 9.71235 16 14.71769 14.13136 13.87771 13.550 12.56110 13.09412 11.65330 11.15402 10.88777 10.46316 10,10590 44065 3.85187 1.31256 7523717.37916 6.97399 4.72956 17 15 56275 1490765 1429187 1371220 13.16612 12 65132 12 16567 1170719 11 27407 1086461 1047726 9.76322 912164 154363 3.02155 754879 71196) 47746) 18 1639827 15.67256 1499203 1435336 13753511318968 12.65930 12.15999 11.68959 11.24607 10.2760 10 05909937189 175563 8.20141 7.70102 724967 481219 19 1722601 16 43617 1567346 1497389 1432350 13.70934 1313394 12 593291204532 11.60765 11.155121033560960360 1.95011 836192 783929 736578434350 2015.04555 17.16864 1635145 15.58916 14.87747 14.21240 13.59033 13.00794 12.46221 11.95038 11460121059401 981815 9.12855 351356 796333 2409 40958 21 18.85698 17.90014 17.01121 16.18455 15.41502 14.60797 14.02916 13.40472 12.82115 12.27524 11.76405 1083558 10.01680 9.29224 3.64560 8.07507 7.56200 4.89132 23 22.02816 20.71961 19.52546 18.235 1741315 16.40151 15,62208 1482821 1409394 13:1399 12.78336 1165358 10.67478 9.225 9.07704 342174734314 494759 30 35 80771 2401584 2239646 20 93029 19.60014 18:3920517.29203 16.28389 15 37245 14.53375 13.76433 12.40904 1125778 10.27365 9.43091 369379 3.05913 497594 40 3283469 991585 2735548 25.10278 23:11477-2135507 19.79277 18.40958 17.15909 16.04612 1504630 1333171 11.92461 10.75736 9.77905 895105 8.24378 499660 TABLE 6 Present Value of an Annuity Due of $1 PVAD 1 2 3 1.595 1.544 5.04 7.046 3.04 10.04 12.04 2004 100000 100000 100000 1.00000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 1.00000 199010 198522 1.5809197561 197087 19668 196154 195694 1.95238 194787 1.94340 93456 192593 1912431.90909 1900 189286 183333 2.97040 295555294156 292742291347299969288609 2.87267 285941 284632 283339 280802 2.78336 2.75911 273554 2.71252 26905 252778 3.94099 391220 3:33J883.8560282861 3.80164 3.77509 3.74896 3.72325 3.69793 3.67301 3.62432357710 3.581293,43665 3:44371 3.4013 3.10618 4.90197 430773 4.76197 471710 467308 4.S05ES 438721 431213 421972 4.10 4.10345 4.03735 3.58873 4 5 6 5.27028 599553 7 5.85343 5.78264 6.79543 669719 7.72519 759821 1.65161 950602 930052 5.51505 633855 7.11454 8 5.71346 5.64583 5.57971 660143 650513641719 7.47199 7.34939723020 1.17014 01909 9.16224 197007 1711 5.45152 6.34214 7.00205 7.73274 43533 5.399 5.81945 615757 6.07569 689270 678037 7.59589 7.46321 20879 10713 5.21236 5.10020 4.99171 4.88965 591752576654582288 48992 6.20637 6.03295 720979 6.97130 6.74064 0.53483 720109 751521 7469 4.79079469590 4.60478 3.99061 535526 523054 511141 432551 5.36843571220356376460459 6.33493 6.14612 5.96764453716 675902 653705 632835 503097 9 787396 860769 733457 7.95310 10 5.02355 11 10.47138 10.22215 9.983309,75305 9.53030 9.31661 9.11090 101272 5.72173 333765 1.36000 12 11367631107112 1078085 10.51421 10:25262 10.00155 9.30641 9.09254 388667 11225500 11.90751 1157534 1125770 1095400 1066333 10.38507 1011658 9.6632561850 930184 14 13.13374 12.73153 12.34837 119011 11 6349 11.30274 1095505 1068235 1039357 1011708 985208 15 14.00370 13.54331 1310025 12.69091 1229607 11.92052 11 56312 11 22213 1084 1058985 10 29498 8.369 915705 974547 7.71000 7.41766 136 7.30519 53000 10073 390370 48000 9.3424 78615 7.14457 8.58933 6.65022 5.19247 2.49506 720652 693770 5.82706 7613697.492) 6719137 543923 310336 774917 7:42355 3.53200 836007981577.62817 5.61059 16 14.56505 1434323 13.54026 13.35138 12.99794 12.51741 12.11850 11.73058 11.37966 11,03758 10.71221 10.10791 9.55945 000 ...19087781056 67549 17 15 71787 15.1126 1437771 14.05500 1156110 110112 12.65230 12.3402113 1146316 11.10590 10:44665 9.513731250 353371 1.37916 7.979995.72956 11 1656725 15 90765 15 19187 14712201416612 1365132 13.16567 12.70719 1227407 11 36461 1147726 1076322 1012164 954363 902155 154879 11963577463 19 17.39827 16.67258 1599203 15.35336 1.75351 14.18968 13.65930 13.15999 12.68959 12:24607 11.82700 1103909 10.371899.5563920141 8.10162 3.24967 551219 20 11.22601 12.42617 16.67146 15.97519 15:32380 14.70984 1413394 135939 13.08532 12.60765 1215812 1133500 10.00360995011 9.36192 1939 1365715.54350 21 19.04555 13.16564 17.35145 16.58916 15.87747 15.21340 14.59033 14.00794 13.46331 12.95038 12.46092 IL59401 10.81815 10.13855 9.51356 1.96333 8.46944 5.6958 25 2224339 2103041 19919 1549 1793554 170581 162406 15 49541 1479864 14151701155036 12.4083) 1153876 10 70661 9.98494 934514 871432 595710 30 26.06599 2.37001 2.54438 21.4535520.18845 19.03577 17.98371 17.02189. 10.14107 15:33310 14.59072 13.27767 12.15841 11.19826 10.36961 9.65011 9.62181 5.97472 40 3516303 30.36451 27.90259 25.73034 2380822 2210250 20 588 19.22966 1801704 16.92866 15 9-1907 14.26193 12.07858 1172552 10.75690995567 923303 5.99592 TABLE 1 Future Value of $1 FV $1(1+0) 6,096 1.06000 112360 f 1.04 1.596 2594 3.09 3.596 4.09 4.596 5.09 5.546 1 101000 101500 102000 1.02500 1.03000 103500 104000 1.04500 105000 105500 2102010 1.03022 104040 105063 1.06090 107123 108160109203 110250111303 31.03030 104568 1.06121 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 4104060 106136 1.08243 110381 1.12551 1.14752 116986 119252121551 1.23883 5 1.05101 107728 110108 113141 1.15927 11879 121665 124613 127628 130696 7.0% 1.07000 1.14490 122501 131080 12.04 1.12000 1 25440 8.046 9,046 1.08000 109000 116640 118810 1.25971 129503 136049 1.41158 146953 1.53862 10.046 11.046 1.10000 111000 121000123210 1.33100 1.36763 1.46410 151807 1 61051 168506 20.046 120000 1.44000 1.72800 207360 1.19102 1.40193 1.57352 1.26248 123823 1.40255 1.76214 2.48832 141852 1.77156 61.06152 1.09344 112616 115969 1.19405122926 126532 1.30226 1.34010 1.37884 7 1.07214 1.10981 114889 1.15869 1.22987 1.27228 1.31593 136086 1.40710 145468 8108286 1.12649 117166 1.21840 126677 131681 136857 142210 1.47746 153469 9 1.09369114339 119509 1.248.86 130477 136290 142331 1.48610 155133 1.61909 10 1.10462 116054 1.2189 128006 1.34392 141060 148024 1.55297 1.62809 1.70814 197382 2.21068 150363 159385 1.68948 150073 1.60578 171819 183846 1.58687 171302 15093 1.99900 1.67710 182804 199250 217189 2.36736 1.87041 2.07616 2.30454 194872 2.14359 2.35795 2.98598 358318 4.2992 2.55804 2.83942 247596 2.77308 3.10585 5.15978 6.19174 179085 1.96715 2.15892 2.59374 255312 3.13843 3.15176 3.491545 147855 3959 11 111567 117195 124337 131209 139423 145997 159945 162285 171014 1.30209 12 1.1268 119562 17634 13489 142576 151107 160103 1.6958 1.79586 1.90121 1 1.13809 121355 129361 137851 146853 1.56396 1.60507 77220 138505 2,00577 14 114947 12317 31948 1.41297 151299 161869 173168 1.85194 197995 211609 15 116097125023 1.34587 146850 1.55797 167535 1.80094 193526 2.07893 223248 1.89830 2.10185 2.33164 25804 2.01220 235219 2.51012 201200 213295 240935 2.71962 1.650 2.26090 27653 2.93719 334173 2.19656 2.75901 3.17217 3.64248 743003 91610 1069912 12 1913 15.40702 3.79750 417725 4.36349 48711 5.47357 431044 478459 1843841 613039 6.0001 16 117258 126199 137279 14851 160471 173399 1.87298 303237 218237 235526 17 11830 1.2002 1.40024 1.52162 16528 1.79461 1.1990 2.11338 2.99202 248400 18 1.19015 1.30734 142805 155906 170243185749 2.02582 2.20818 2.40662 262147 19 120811 112095 1.45681 159065 1.75351 1.92250 210685230786 2.52095 2.76565 20122019 134686 1.48595 163862 1.80611 1.98979 219112 2.41171 2.65330 291776 54015295216 3459497011 45992 53109 2.692773.15682 3.70003 432703505447 5.89509 3.99002 471712 555992654355 3.02560 361653 431570 5.14166 611591 7.26334 3.20714 36968 46609656041 672750 1.06231 22.18611 3662333 8.61276 9.61629 31 94800 383700 21 123239 1.36706 151567 167951 156029 2.05949 227877 252024 278.96 3.07823 39956 414056 50333 6108817,40035 194917 10.10385 4600512 25 1.25243 1.45095 1.6406115994 2.09371 2.56524 266514300543 3.38638 3.81339 6.14848 8.6290 1089471 13.58546 17.00006 95 39622 30 1347 156308 181136 2.09757 2.42726 2.0679 334340 3.74532 4.32194 4.98395 5.74349 761236 1000366 13.26768 17.469402289210 29.9592 23737831 40 1.48686 181402 220801 2665063.36204 3.95926 480102 5.81636 701919 51331 10.28572 14.97446 21724523140942 45.25926 65.00087 95 05097 10.77160

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