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Present and future value tables of $1 at 3% are presented below: TFV 31 TPU 31 | FVA 81 VA $1 | FVAD $1 |
Present and future value tables of $1 at 3% are presented below: TFV 31 TPU 31 | FVA 81 VA $1 | FVAD $1 | PVAD $1 |1 |1.2000 3.9 ?? 1. | D.97087 1. D300 | 1. 12 |1.06090 0,94260 20000 19347 2,0909 197097 13 |1.09273 0,91514 13.0909 12.82861 3.1836 12.91347 1 1.12551 0.8H8494.1836 | 3.71710 4.3a91 3.82861 5 1.15927 0.862615.3091 4.57971 15.4GB 4 4.71710 6 1.194 05 0.837KB 5.63 5.41719 .6625 15,57971 2 1.229 ,81309 .5625 6.23023 , B923 , 4119 |1.26627 .941 B. 8923 12.01969 19.1591 .2302B |1.30477 |. 76642 | 10.1591 | 7.7 B6 11 | 10. 4619 , 01969 | | 10 |1.34392 0.74 409 | 11,4639 | 8.53020 | 11.8078 | 8,78611 | | 11 | 1.384 23 0.12 242 12.8DTH 9.25262 | 13.1920 19.53D20 12 142576 0.70 130 141920 9.954 00 14.6178 10.25262 | 13 |1.46853 0.68095 | 15.6178 10.63496 | 16.0863 10.95100 | 14 | 151259 0,66112 17 11.29607 17.599 11,63496 | 15 |1.55797 0.64186 18.5989 | 11.93794 19.1569 12.29602 | 16 |.60471 0.62317 20.1569 12.56110 | 20.7616 12.93794 You want to invest $37000 today to accumulate $41650 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount? o o o o
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