Reference Future Value of $1 Present Value of $1 Penods | 1% | 2% | 3% | 4% | 5% | 6% | 7% | B% | 9% Periods | 1%| 2% | 3% 4% 5% | 6%|7% 8% 9% | 10% | 12% 14% 15% | 16%| 18%| 20% 1 | 1.010 | 1.020 | 1.030 | 1.040 | 1.050 | ..ran l 1.070 | 1.0BN | 1.090 2 | 1.020 | 1.040 | 1.061 | 1.082 | .103 | .124 | 1.145 | 1.188 .1BB | 1.210 | 1.254 | 1.300 | 1.323 1.030 1.0611.0931.125 1.1 1.191 1.225 1.280 1.2951.331 125 1482 1.521 4 1.0411.0821.128 1.1 1.218 1.2213111.380 1.412 1.B 151.891.749 5 1.051 1.104 1.159 1.217 1.278 1.33R 1403 1.489 1.539 1.611 1.782 1.925 2.011 1 0. | 0.980 | 0.971 | 0.962 | 0.962 | 0.943 | 0.935 0.926 0.917 | 0.909 | 0.893 0.877 | 0.870 | 0.862 | 0.847 | 0.833 2 | 0.980 | 0.961 | 0.943 | 0.925 0.907 | 0.890 | 0.873 0867 0.242 | 0.826 | 0.797 0.169 0.756 | 0.743 | 0.718 | 0.604 3 0.971 09420.915 0.889 0864 0.8400.81 079 0.772 0.751 0.712 0675 0.6580.641 060 0.579 4 0.951 0924 0.888 0.855 08230.720.63 0.735 0.708 0.683 0.63 052 0.572 0.552 0516 0.482 50351 0S06 0.863 0822 0T840.747 0.713 0631 Q60 0.62105 0519 0.497 0.476 0437 0.402 6 | 1.062 | 1.126 | 1.194 | 1.265 | 1.340 | 1.419 | 1.501 1.587 | 1.677 | 1.772 | 1.974 | 2.195 | 2.313 7 | 1.072 | 1.149 | 1.230 | 1.316 | 1.407 | 1.504 | 1.606 | 314 | 1.828 | 1.949 | 2.211 | 2.502 | 2.660 8 1.083 1.172 1.267 1.3691.47751181.85 103 2.144 2.476 2.853 3.059 91.094 1.191305 1.423155168 1.838 1.99 2.172 2.358 2.773 3.252 3.518 10 1.105 1.2193441480 1629179162.159 2.3672.594 3.106 3.7074.046 6 0.942 0888 0.83 0.790 07460.70. 0.630 05060.564 0507 046 0.432 0.410 030 0.335 7 | 0.933 | 0.871 | 0.813 | 0.760 | 0.711 | 0.665 | 0.623 0.583 0.547 | 0.513 | 0.452 0400 0.376 | 0.354 | 0.314 | 0.279 8 0.23 0853 0.789 0731 06770.270.52 0540 0502 0.467 0404 031 0.327 0.305 0266 0.233 9 0.914 0.837 0.76 0.703 0640.5920.544 0500 0.400 0.424 0.31 0308 0.284 0.263 0225 0.194 10 0.905 0820 0.744 0.676 06140.558 0.508 0463 0422 0.386 0.322 0270 0.2470.2270.191 0.162 1.116 1243 1.384 1.539 1,7101.892.105 2.332 2.590 2.853 3.479 4.226 4652 12 1.127 268 1.4216011,962.012 2.252 2.518 2.813 3.138 3.89 4.818 5.350 13 1.138 1294 1.469166518862.133 2410 2.720 3.066 3452 4.363 5.492 6.153 14 1.149 1319 1513 173219802.282.579 2.9373.342 3.798 4.887 6.261 7076 15 | 1.161 | 1.346 | 1,558 | 1.801 | 2.079 | 2.397 | 2.759 | 3.172 | 3.642 | 4.17 | 5474 | 7.138 | 8.137 16 1.173 1.373 1.605 1.873 2.183 2.54029523.4263.9704.595 6.130 8.137 9.358 17 I 1.184 | 1.400 1.653 | 1.948 | 2.292 | 2.693 | 3.159 | 3.700 | 4.328 | 5.054 | 6.866 | 9.276 | 10.76 18 | 1.196 | 1.428 | 1.702 | 2.026 | 2.407 | 2.854 | 3.380 | 3.996 | 4.717 | 5.560 7,690 | 10.58 | 12.38 19 1.208 1.457 1.7542.107 2.527 3.026 3.617 4.3165.1426.116 8.613 12.06 14.23 20 1.220 1.486 18062.1912.653 3.207 3.8704.6615.604 6.727 9.646 13.74 16.37 11 0.896 0804 0.722 0.850 0585 0.527 475 0429 0.388 0.350 0.287 023 0.215 0.195 0.162 0.135 12 0887 0.788 0.701 0.525 0557 0.49744 0.397 0.356 0.319 0.25 0208 0.187 0.168 0.137 0.112 13 0.8T9 0.7730.681 0.801 0530 0.469 0.415 0368 0.326 0.290 0.229 0182 0.163 0.145 0.116 0.093 14 0.870 0.758 0.661 0.5 0506 0.442 0.388 0310 0.29 0.263 0.205 0160 0.141 0.125 0.099 0.078 15 0851 0.743 0.6420.555 0481 0.417 0.362 0315 0.2750.239 0.183 0140 0.1230.108 00840.065 16 0853 0728 0.623 0.53404580.394 0.339 0292 0252 0.2180.163 0123 0.107 0.093 0071 0.054 17 0844 0714 0.605 0.513 04380.37 0.317 0270 0231 0.199 0.148 0108 0.0930.000.00 0.045 18 0.83 0.700 0.587 049404160.3500.295 0250 0212 0.190 0.130 0096 0.0010.069 0051 0.038 19 0.828 0.888 0.570 047560.3310.277 0232 0194 0.184 0,116 0083 0.0700.080 00430.031 20 0820 0673 0.554 0458 0377 0.312 0.258 0215 0.17 0.149 0.104 0073 0.0610.050.037 0.026 21 | 1.232 | 1.516 | 1.880 | 2.279 | 2.788 | 3.4n 4.141 | 5.034 | 6.109 | 7.400 | 10.80 | 15.67 | 18.82 22 1.245 1.548 1.91 2.370 2.9253.8044430 543.859 8.140 12.10 17.86 21.8 23 1.257 1.577 1.974 2.4853.0723.8204.5.817.2588.954 13.55 20.36 24.89 24 1.270 1.808 2.033 2.5833.2254495.0726.3417.911 9.B50 15.18 23.21 28.63 25 | 1.282 | 1.841 | 2.094 | 2.688 | 3.388 | 4.292 | 5.427 | 6.B4B | .823 | 10.83 | 17.00 | 26.46 | 32.92 26 1.295 | 1.673 | 2.157 | 2.772 | 3.558 | 4.549 | 5.007 7.398 | 9.399 | 11.92 19.04 | 30.17 | 37.BB 27 1.308 | 1.707 | 2.221 | 2.883 | 3.733 | 4.822 | 6.214 7ABB | 10.25 | 13.11 | 21.32 | 34.39 | 43.54 28 1.321 | 1.741 | 2.288 2.999 3.92n 5.112 6.849 .827 11.17 | 14.42 | 23.88 | 39.20 | 50.07 29 | 1.335 | 1.776 | 2.357 3.119 | 4116 | 5.418 | 7.114 | 9.317 | 12.17 | 15.88 | 26.75 | 44.89 | 57.58 30 1.348 1811 .4273.2434.3225.7437.812 10.08 13.27 1745 29.9650.95 66.21 40 1489 2.208 3.262 4.801 7.040 10.214.21.72314145.2693.05 188.9 2679 21 0.811 0660 0.538 04390359 0.2940.242 0.199 0.1640.135 0.093 00640053 0.044 0.031 0.022 22 0803 0647 0.522 0422 0342 0.2780.22 0.184 0.150 0.123 0.083 0068 0.0460.0380028 0.018 23 | 0.795 | 0.634 | 0.507 | 0406 0326 | 0.262 | 0.211 0.170 0.138 | 0.112 | 0.074 0049 0.040 | 0.033 | 0022 | 0015 24 0.788 0.622 0.492 0.390 0310 0.247.197 0.158 0.126 0.102 00 0043 0.0350.0280.019 0.013 25 0.780 0610 0.47B 0.375 02960.233.184 0.146 0.118.092 0.059 0038 0.0300.024 0.016 0.010 26 0.72 0.508 0.464 0.361 02810.2200.172 0.13 01060.084 0.053 0033 0.026 0.021 0014 0.009 27 0.764 0.586 0.450 0.347 02680.200.11 0.125 00080.06 0.047 0029 0.023 0.018 0.011 0.007 28 0.TST 0.574 0.43 0.333 02560.160.150 0.116 00C0.06 0.042 0026 0.020 0.016 0010 0.006 29 0.749 0563 0.424 0.321 02430.1850.141 0.107 0C820.063 0.037 0022 0.017 0.014 0008 0.006 30 0.742 05520.412 0.308 0231 0.174 0.131 00 00750.057 0.033 00C.0150.012 0007 0.004 40 0.672 0453 0.307 0.2080.142 0.097 0.07 0046 0.032 0.022 0.011 000 0.004 0.003 0.001 0.001 50 1.645 | 2.692 I 4384 7.107 I 11.47 I 18.42 I 29. 6 I 46.90 I 74.36 I 117.4 2B9.0 I 700.2 1084 50 0.608 0.372 0.228 0.141 0087 0.054 D.034 0.021 0.013.009 0.003 0001 0.001 0.001 Print Done PrintDone Reference Periods | 1% 2% | 3%|4% | 5% 6% 7% 18% 19% | 10% 12% | 14% | 15% | | 1.000 1.000 | 1.000 I 1.000 I 1.000 1.000 1.000 I 1.000 I 1.000 I 1.0CC 1000 I 1.000 I 1.000 2 2.010 2020 2030 2.00 2.050 2e02070 2.080 2.090 2.100 2120 2.140 2.150 3 3.030 3.CEO 3.0913.122 3.153 3.184 3215 3.263.278 3.310 3.374 3.440 3.473 44.060 4.122 4.184 4.24 4.310 4.375 4.440 4.505 4.5734.64.779 4.924.993 5 5.101 5.204 5.3095416 5.526 5.637 5.7515.B675.985 6.105 6.3536.610 6.742 6 | 6.152 6.308 | 6.468 6.633 | 6.802 6.975 | 7.153 | 7.336 7.523 | 7.716 8.115 | 8.536 | 8.754 7 7.214 7.434 7662 7.89 8.1428.30 8.654 8.923 9.200 9.487 1009 10.73 11.07 8 8.286 8.83 8.899.214 9.549 102600.11.03 12.30 13.23 13.73 9 9.369 9.756 10.16 10.58 11.03 11.4 1198 12.913.023814.78 16.09 16.79 10 10.46 10.96 11.4612.0 12.58 13.18 13.82 14.49 15.19 . 1755 19.34 20.30 11 11.57 12 17 1281 13.49 4.2 415.78 6.5 17.56 18.53 2065 23.04 24.35 12 12.68 1341 14.19 15.03 15.92 6871789 18.0 20.14 21.3 24.13 27.27 29.00 13 13.81 14.68 15.62 16.63 17.1 8 20.1421.522. 24.52 2803 32.09 34.35 14 14.95 1697 17.0918.29 19.60 21.02 2255 24.2126.02 27.88 32.39 37.58 40.50 15 16.10 17.29 18.6020.02 21.58 23.28 25.13 27.15 29.36 31.77 37 28 43.84 47.58 Periods | 1% 2% 13% 4% 15% 16% 17% 18% 19% | 10% 12% | 14% 15% 16% 18% 20% 1 0.990 0.980 | 0.971 0.962 | 0.952 | 0.943 | 0.935 | 0.926 | 0.917 | 0.909 | 0.893 | 0.877 | 0.870 | 0862 0.847 | 0.833 2 1.970 1.942 1.913 1886 1.85 1.8338081.783 1.7591.36 1.690 17 1626 1.606 1.566 1.528 3 2941 2.884 2.829 2.775 2.723 2.673 2.6242.572.531 2487 2402 2.322 22832246 2174 2.106 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.2403.170 3.037 2914 2855 2798 2690 2.589 5 | 4.853 4.713 | 4.580 4452 | 4.329 | 4.212 | 4.100 | 3.993 | 3.890 | 3.791 | 3.605 | 3.433 3.352 3.274 3.127 | 2.961 6 | 5.795 5.601 | 5.417 5.242 | 5.078 4.917 | 4.767 | 4.823 | 4.488 | 4.355 | 4.111 | 3.889 3.784 3.686 3.498 | 3.326 7 | 6.728 6.472 | 6.230 .002 | 5.788 | 5.582 | 5.389 | 5.2DB | 5.033 | 4.B58 4.584 | 4288 4.160 | 403e 3.812 | 3.606 8 7852 7325 7.020 6.7336.4838210 5.9715.747 5.535 5.335 4988 4639 4487 4344 4.078 3837 9 | 8.5 8.162 | 7786 7435 | 7.1086.802 | 6.5158.247 | 5.995 | 5759 | 5328 | 4946 4772 | 4607 4303 | 4031 10 | 9471 8.983 | 8.530 0.111 | 7.722 | 7.360 | .024 6.710 | 6.418 | 0.145 | 5.650 | 5.216 | 5.019 | 4833 4494 | 4.192 11 10.358 9.787 | 9.253 8.780 | 8.3DB 7.887 | 7.499 7.139 | 6.805 5.495 | 5.938 | 5453 | 5234 | 029 4.656 | 4.327 12 | 11.255 10.575| 9.954 9.385 | 8.883 | 8.384 | 7.943 7.538 | 7.161 8.B14 | 6.194 | 5860 | 5421 | 197 4.793 | 4.439 13 | 12.134 11.348| 10.835 9.986 | 9.394 | 8.853 | 8.358 7.904 | 7.487 | 7.103 | 6424 | 5842 | 5583 | 5342 4.910 | 4.533 14 | 13,004 12.106 | 11296 10.563| 9.899 | 9.295 | 8.745 | B244 | 7786 7.367 | 6628 | 6002 | 5724 | 5468 5008 | 4611 15 | 13855 12849| 11938 11.118 | 10.380| 9.712 | 9.108 | B.559 | 8.001 | .806 | 6.811 | 6.142 5847 | 5575 5092 | 4.675 16 | 14.718 13.578| 12.581 11.662 | 10.8381 10.108| 9.447 B.B51 | 8.313 | 1.824 | 6.974 | 6265 | 5.954 5660 5162 | 4.73C 17 15.582 14.292 13.183 12.168 11 274 10477 9.763 9.122 8.544B.022 7.120 8.373 6.047 5749 5.222 4.775 18 18.338 14.992 13.754 12.859 11.690 10.82B 10.059 9.372 B758 B.201 7.250 8487 6.128 5818 5.273 4.812 19 17.228 15678 14.324 13.134 12.085 11.158 10.338 9.0 8.950B.385 7.3688.550 6.198 5877 5316 4.844 20 18.04 16.351 14.877 13.590 12482 11470 0.5949.818 9.129 B.514 7469 23 6259 599 5353 4.870 16 17.26 18.64 20.16 21.82 23.66 25.67 2789 30.32 33.00 35.96 42.75 50.98 55.72 17 18.43 20.01 21.78 23.70 25.84 28.21 30.84 33.75 36.97 40.544888 59.12 65.08 18 | 19.61 21.41 | 2341 | 25.85 | 28.13 30.91 34.00 | 3745 | 41.30 | 45.60 5575 | 68.39 | 75BA 19 20.81 2284 25.12 27.730.543373738 145 48.02 51.16 6344 78.97 BB.21 20 22.02 24.30 28.87 29.78 33.07 36.79410045.7 51.16 67.28 7205 91.02 102.4 21 23.24 26.78 28.63 31.97 35.72 9. 4487 5042 56.76 64.00 81 TO 104.8 1188 22 24.47 27.30 30.54 3.25 38.51 43.39 49.01 55. 62.87 71.40 9250 1204 137.6 23 | 25.72 28.85 | 3245 | 38.82 | 41.43 4700 | 5344 | 50.89 | 69.53 | 79.54 104.6 | 138.3 159.3 24 | 26.97 30.42 | 3443 | 39.08 | 44.50 50.82 | 58.18 88.78 | 76.79 | 88.50 118.2 | 158.7 | 184.2 25 28.24 3203 38.48 41.85 47.7354886325 B4.70 98.35 1333 181.9 212.8 26 | 29.53 33.67 | 38.55 | 4431 | 51.11 59.16 | 68.68 79.95 | 93.32 | 109.2 150.3 | 208.3 | 245.7 27 30.82 35.3440.71 47.08 54.67 63.71 7448 87.35 102.7 21.1 1694 238.5 283.6 2B 32.13 37.06 42.93 9.97 58.40 68.53 80.70 95.34 113.0 134.2 1907 272.9 327.1 29 33.45 38.79 45.22 597 62.32 73.64 87 35 102.0 124.1 148.6 214.6 312. 377.2 30 34.78 40.57 475858.0B 66.4479.C6 9446 1133 136.3 164.5 241.3 3588 434.7 21 | 18.857 17.011 | 15.415 140291 12.821|11 764| 10.836| 10.017| 9292 | 8.649 | 7562 |6687 | 6312| 5973 5384 | 4 891 22 190 17658 15.937 14451 13.163 12.042 11061 10.201 9.442 8.772 7.645 6.743 6359 6.011 54104.S00 23 20.456 18292 16.444 14.857 13.489 12.303 11272 10.371 9.5808.883 7.7186.92 6399 604 5432 4.2 24 21243 18.914 16.93 15247 13.799 12.550 11.469 10.529 .078.935 7.784 6835 6434 6073 5451 4.37 25 22.023 19.523 17413 15.622 14.04 12.783 1163 10.675 9.823 9.07 7843 68T3 6464 605467 4.918 26 | 22.795 20.121 | 17.877 15.983| 14.375 | 13.003 | 11826| 10.810| 9.929 | 9.161 | 7.896 | 6906 6491 | 0.118 5480 | 4.966 27 23.50 20.707 18.327 16.330 14.643 13.211 11967 10.935 10.027 9.237 7.943 6935 6514 613 54924.S04 28 24.316 21281 18.764 16.863 14.898 13.405 12.137 11051 10.116 9.3077.984 6951 65346152 5.502 4.970 29 25.0 21844 19.188 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8022 6983 6551 616 5510 4.7 30 25.808 22.396 19.600 17292 15.372 13.765 12.409 11258 10.2749427 8.055 7003 6.566 617517 4.978 40 48.896040 754095.03 120.8 164.8 199 25337.94426 767.1 1,342 1,779 40 32835 27355 23.115 19.793 17.159 504 13.332 11925 10.757 9.779 8.244 7,105 6.64623 5548 4.997 50 39.19 31424 25.730 21482 18.255 15.762 13.801 12.233 10.9629.915 8.304 50 64.46 84.58 1128 152.7 209.3 290.3406.5 573. B15.1 1,164 2400 49957,218 Emile is entering high school and is determined to save money for college. Emile feels he can save $1,000 each year for the next four years from his part-time o he have when he starts college? If Emile is able to invest at 12%, how much will (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table(Click the icon to view Future Value of Ordinary Annuity of $1 table.) (Round your answer to the nearest dollar.) Emile will have $ when he starts college