PV = 11 PV: FV: j Annual Interest Rate: VY: n: (Number of years) N: (Number of compounding periods) Compounded (Y): Facts FV Table Method X X $244,000 12% Factor 1% 5 60 Monthly 4

\begin{tabular}{l} PV: \\ \hline FV: \\ \begin{tabular}{lr|} \hline Annual interest Rate: & $244,000 \\ \hline in: & 12% \\ \hline n: (Number of years) & 5 \\ \hline N: (Number of compounding periods) & 60 \\ \hline Compounded ( M : & Monthly \\ \hline \end{tabular} \end{tabular} PV Table Method