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Present and future value tables of $1 at 3% are presented below: N FV $1 $1 1.03000 0.97087 |1.06090 0.94260 1.092730.91514 1.12551 0.88849 PV FVA
Present and future value tables of $1 at 3% are presented below:
N FV $1
$1
1.03000 0.97087
|1.06090 0.94260
1.092730.91514
1.12551 0.88849
PV
FVA $1
1.00000.97087 1.0300
2.0300 1.91347
3.0909 2.82861 3. 1836
PVA $1 FVAD $1
PVAD $1
1.00000
1.97087
2.91347
2
2.0909
4.18363.71710
5.30914.57971 5.4684
4.3091 3.82861
4.71710
5.57971
6.41719
9.1591 7.23028
51.15927 0.86261
1.194050.837486.4684 5.41719 6.6625
1.22987 0.81309
6
7.66256.23028
7.8923
8.8923 7.01969
8 1.26677 0.78941
1.30477 0.76642 10.15917.78611
10. 46398.01969
11.4639 | 8.53020 11.80788.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.19209.95400 14.6178 10.25262
16.0863 10.95400
11.63496
18.5989 11.93794 19.156912.29607
20.156912.56110 20.7616 12.93794
10 1.34392 0.74409
15.6178 10.63496
13 1.46853 0.68095
14
15
16 1.60471 0.62317
|1.51259 0.66112 17.0863 11.29607 17.5989
1.55797 0.64186
At the end of each quarter, Patti deposits $1,700 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in
4 years?
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