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please help answer the question for the years 12,17, and 22 Javier is currently paying $1,200 in interest on his credit cards annually. It instead

please help answer the question for the years
12,17, and 22
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image text in transcribed
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Javier is currently paying $1,200 in interest on his credit cards annually. It instead of paying interest, be saved this amount every year, how much would he accumulate in a tax-deferred account earning 8 percent over 12, 17. or 22 years? Click on the table icon to view the FIFA table Orre If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 8 percent over 12 years, the amount accumulated would be $ (Round to the nearest dollar) ules n 1 2 3 5 6 17 8 9 10 11 112 13 14 15 H = HHHB o co so Da || H 4% 1000 2.040 3.122 4.246 5.416 6.633 7.898 9.214 10.583 P2.006 13 486 15.026 16.627 18.292 20.024 5% 1000 2.050 3.153 4.310 5,526 6.802 8 142 9.549 11027 12.578 14 207 15 917 17.713 19.599 21.579 6% 1.000 2.060 3 184 4375 5637 6.975 8394 9897 11.491 13.1811 14.9721 16.870 18.882 21.015 23.276 Compound Sum of an Annuity of S1 (FVIFA) 7% 8% 9% 10% 1.000 1000 1.000 1.000 2.0701 2.080 220901 2100 3.215 3.246 3.278 3310 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 9.4871 10.260 10.637 11028 11.436 11.9781 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 21 384 20141 21.495 22.953 24.523 22.550 24.215 26.019 27.975 25.129 27 152 29.3611 31.7721 11% 1.000 2 110 3.342 4.710 6228 7.913 9.783 11 859 14 164 16.722 19.561 22 713 26.212 30.095 34.405 12% 1000 2120 3.374 4.779 6 353 8115 10.089 12 300 14.776 17 549 20.655 24 133 28.029 32.393 37280 13% 1.000 2.130 3407 4.850 6.480 8323 10.405 12.757 15 416 18.420 21,814 25 650 29 985 34.883 40417 Telemun : 8 9 10 111 112 13 14 15 16 17 18 19 20 21 22 23 24 9.214 10.583 12 006 13.486 15.026 16.627 18 292 20.024 21.825 23.698 25 645 27.671 29.778 31.969 34.248 36.618 39.083 9.549 11027 12.578 14 207 15.917 17.713) 19.599 21.579 23.657 25.840 28.132 30.539 33,066 35.719 38 505 41.430 44.502 9.897 11.491 13 181 14.972 16.870 18.882 21015 23.276 25.673 28.213 30.906 33.760 36.786 39.993 43.392 46.996 50 816 10 260 11.978 13 816 15.784 177 888 20.141 22 550 25.129 27.888 30.840 33.999 37.379 40.995 44.865 49.006 53.436 58.177 10.637 12 488 14487 16.645 18.977 21.495 24.215 27 152 30.324 33.750 37.450 41.446 45.762 50.423 55.457 60.893 66.765 1 028 13.021 15193 17.560 20.141 22.953 26.019 29.361 33.003 36.974 41.301 46.018 51.160 56.765 62.873 69.532 76.790 11 436 13.579 15.937 18.531 21384 24.523 27 975 31.772 35.950 40.545 45.599 51 159 57 275 64.002 71 403 79.543 88.497 11 859 14.164 16.722 19.561 22.713 26 212 30.095 34.405 39 190 44.501 50.396 56.939 64.203 72.265 81.214 91148 102 174

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