Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show detailed work for calculations. APPENDIX A TO CHAPTER 16 Future Value and Present Value Tables Table I Future Value of $1.00(1 + r

image text in transcribed

Please show detailed work for calculations.

APPENDIX A TO CHAPTER 16

Future Value and Present Value Tables

Table I Future Value of $1.00(1 + r)n

Period

4%

6%

8%

10%

12%

14%

20%

1

1.040

1.060

1.080

1.100

1.120

1.140

1.200

2

1.082

1.124

1.166

1.210

1.254

1.300

1.440

3

1.125

1.191

1.260

1.331

1.405

1.482

1.728

4

1.170

1.263

1.361

1.464

1.574

1.689

2.074

5

1.217

1.338

1.469

1.611

1.762

1.925

2.488

6

1.265

1.419

1.587

1.772

1.974

2.195

2.986

7

1.316

1.504

1.714

1.949

2.211

2.502

3.583

8

1.369

1.594

1.851

2.144

2.476

2.853

4.300

9

1.423

1.690

1.999

2.359

2.773

3.252

5.160

10

1.480

1.791

2.159

2.594

3.106

3.707

6.192

11

1.540

1.898

2.332

2.853

3.479

4.226

7.430

12

1.601

2.012

2.518

3.139

3.896

4.818

8.916

13

1.665

2.133

2.720

3.452

4.364

5.492

10.699

14

1.732

2.261

2.937

3.798

4.887

6.261

12.839

15

1.801

2.397

3.172

4.177

5.474

7.138

15.407

20

2.191

3.207

4.661

6.728

9.646

13.743

38.338

30

3.243

5.744

10.063

17.450

29.960

50.950

237.380

40

4.801

10.286

21.725

45.260

93.051

188.880

1,469.800

Table II Future Value of a Series of $1.00 Cash Flows (Ordinary Annuity) ( 1 + r ) n ? 1 r

Period

4%

6%

8%

10%

12%

14%

20%

1

1.000

1.000

1.000

1.000

1.000

1.000

1.000

2

2.040

2.060

2.080

2.100

2.120

2.140

2.220

3

3.122

3.184

3.246

3.310

3.374

3.440

3.640

4

4.247

4.375

4.506

4.641

4.779

4.921

5.368

5

5.416

5.637

5.867

6.105

6.353

6.610

7.442

6

6.633

6.975

7.336

7.716

8.115

8.536

9.930

7

7.898

8.394

8.923

9.487

10.089

10.730

12.916

8

9.214

9.898

10.637

11.436

12.300

13.233

16.499

9

10.583

11.491

12.488

13.580

14.776

16.085

20.799

10

12.006

13.181

14.487

15.938

17.549

19.337

25.959

11

13.486

14.972

16.646

18.531

20.655

23.045

32.150

12

15.026

16.870

18.977

21.385

24.133

27.271

39.580

13

16.627

18.882

21.495

24.523

28.029

32.089

48.497

14

18.292

21.015

24.215

27.976

32.393

37.581

59.196

15

20.024

23.276

27.152

31.773

37.280

43.842

72.035

20

29.778

36.778

45.762

57.276

75.052

91.025

186.690

30

56.085

79.058

113.283

164.496

241.330

356.790

1,181.900

40

95.026

154.762

259.057

442.597

767.090

1,342.000

7,343.900

Page 723

Table III Present Value of $1.00 1 ( 1 + r ) n

Period

4%

6%

8%

10%

12%

14%

16%

18%

20%

22%

24%

26%

28%

30%

32%

1

.962

.943

.926

.909

.893

.877

.862

.847

.833

.820

.806

.794

.781

.769

.758

2

.925

.890

.857

.826

.797

.769

.743

.718

.694

.672

.650

.630

.610

.592

.574

3

.889

.840

.794

.751

.712

.675

.641

.609

.579

.551

.524

.500

.477

.455

.435

4

.855

.792

.735

.683

.636

.592

.552

.516

.482

.451

.423

.397

.373

.350

.329

5

.822

.747

.681

.621

.567

.519

.476

.437

.402

.370

.341

.315

.291

.269

.250

6

.790

.705

.630

.564

.507

.456

.410

.370

.335

.303

.275

.250

.227

.207

.189

7

.760

.665

.583

.513

.452

.400

.354

.314

.279

.249

.222

.198

.178

.159

.143

8

.731

.627

.540

.467

.404

.351

.305

.266

.233

.204

.179

.157

.139

.123

.108

9

.703

.592

.500

.424

.361

.308

.263

.225

.194

.167

.144

.125

.108

.094

.082

10

.676

.558

.463

.386

.322

.270

.227

.191

.162

.137

.116

.099

.085

.073

.062

11

.650

.527

.429

.350

.287

.237

.195

.162

.135

.112

.094

.079

.066

.056

.047

12

.625

.497

.397

.319

.257

.208

.168

.137

.112

.092

.076

.062

.052

.043

.036

13

.601

.469

.368

.290

.229

.182

.145

.116

.093

.075

.061

.050

.040

.033

.027

14

.577

.442

.340

.263

.205

.160

.125

.099

.078

.062

.049

.039

.032

.025

.021

15

.555

.417

.315

.239

.183

.140

.108

.084

.065

.051

.040

.031

.025

.020

.016

20

.456

.312

.215

.149

.104

.073

.051

.037

.026

.019

.014

.010

.007

.005

.004

30

.308

.174

.099

.057

.033

.020

.012

.007

.004

.003

.002

.001

.001

40

.208

.097

.046

.022

.011

.005

.003

.001

.001

Table IV Present Value of Series of $1.00 Cash Flows 1 r 1 ? 1 ( 1 + r n )

Period

4%

6%

8%

10%

12%

14%

16%

18%

20%

22%

24%

25%

26%

28%

30%

1

0.962

0.943

0.926

0.909

0.893

0.877

0.862

0.847

0.833

0.820

0.806

0.800

0.794

0.781

0.769

2

1.886

1.833

1.783

1.736

1.690

1.647

1.605

1.566

1.528

1.492

1.457

1.440

1.424

1.392

1.361

3

2.775

2.673

2.577

2.487

2.402

2.322

2.246

2.174

2.106

2.042

1.981

1.952

1.923

1.868

1.816

4

3.630

3.465

3.312

3.170

3.037

2.914

2.798

2.690

2.589

2.494

2.404

2.362

2.320

2.241

2.166

5

4.452

4.212

3.993

3.791

3.605

3.433

3.274

3.127

2.991

2.864

2.745

2.689

2.635

2.532

2.436

6

5.242

4.917

4.623

4.355

4.111

3.889

3.685

3.498

3.326

3.167

3.020

2.951

2.885

2.759

2.643

7

6.002

5.582

5.206

4.868

4.564

4.288

4.039

3.812

3.605

3.416

3.242

3.161

3.083

2.937

2.802

8

6.733

6.210

5.747

5.335

4.968

4.639

4.344

4.078

3.837

3.619

3.421

3.329

3.241

3.076

2.925

9

7.435

6.802

6.247

5.759

5.328

4.946

4.607

4.303

4.031

3.786

3.566

3.463

3.366

3.184

3.019

10

8.111

7.360

6.710

6.145

5.650

5.216

4.833

4.494

4.192

3.923

3.682

3.571

3.465

3.269

3.092

11

8.760

7.887

7.139

6.495

5.938

5.453

5.029

4.656

4.327

4.035

3.776

3.656

3.544

3.335

3.147

12

9.385

8.384

7.536

6.814

6.194

5.660

5.197

4.793

4.439

4.127

3.851

3.725

3.606

3.387

3.190

13

9.986

8.853

7.904

7.103

6.424

5.842

5.342

4.910

4.533

4.203

3.912

3.780

3.656

3.427

3.223

14

10.563

9.295

8.244

7.367

6.628

6.002

5.468

5.008

4.611

4.265

3.962

3.824

3.695

3.459

3.249

15

11.118

9.712

8.559

7.606

6.811

6.142

5.575

5.092

4.675

4.315

4.001

3.859

3.726

3.483

3.268

20

13.590

11.470

9.818

8.514

7.469

6.623

5.929

5.353

4.870

4.460

4.110

3.954

3.808

3.546

3.316

30

17.292

13.765

11.258

9.427

8.055

7.003

6.177

5.517

4.979

4.534

4.160

3.995

3.842

3.569

3.332

40

19.793

15.046

11.925

9.779

8.244

7.105

6.234

5.548

4.997

4.544

4.166

3.999

3.846

3.571

3.333

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions