Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Reference - Xeference Future Value of Annuity of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14%

image text in transcribedimage text in transcribedimage text in transcribed

Reference - Xeference Future Value of Annuity of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 Period 2 1.010 1.020 1.030 1,040 1.050 1.000 1.080 1.100 1.120 1.140 1.160 1.180 1.200 Periods Period 1 Period 2 1% 2% 1.020 1.040 1.061 1.082 1.103 1.124 1.166 1.210 1.254 1.300 Period 3 1.030 1.061 1.093 1.125 Period 4 Period 5 1.338 1.158 1.041 1.082 1.126 1.170 1.216 1.051 1.104 1.159 1.217 1.276 Period 6 1.082 1.128 1.194 1.265 1.340 1.419 1.587 1.772 1.974 2.195 2.436 2.700 Period 7 1.072 1.149 1.230 1.316 1.407 1.504 1.714 1.949 2.211 2.502 2.826 3.185 Period 8 1.083 1.172 1.267 1.369 1.477 1.594 1.851 2144 2.476 2.853 3.278 3.759 4.300 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1.999 2.358 2.773 3.252 3.803 4.435 5.160 Period 10 1.105 1.219 1.344 1.480 1.629 1.791 2.159 2.594 3.106 3.707 4.411 5.234 6.192 Period 11 1.118 1.243 1.384 1.539 1.710 1.898 2.332 2.853 3.479 4.226 5.117 6.176 7.430 Period 12 1.127 1.268 1.426 1.601 1.796 2.012 2.518 3.138 3.896 4.818 5.936 7.288 8.916 Period 13 1.138 1.294 1.489 1.665 1.886 2.133 2.720 3.452 4.363 5.492 6.886 8.599 10.699 Period 14 1.149 1.319 1.513 1.732 1.980 2.261 2.937 3.797 4.887 8.261 7.968 10.147 12.839 Period 15 1.161 1.346 1.558 1.801 2.079 2.397 3.172 4.177 5.474 7.138 9.266 11.974 15.407 Period 20 1.220 1.486 1.806 2.191 2.653 3.207 4.661 6.727 9.646 13.743 19.461 27.393 38.338 Period 25 1.282 1.641 2.094 2.666 3.386 4.292 6.848 10.835 17.000 26.462 40.874 62.669 96.396 Period 30 1.348 1.811 2.427 3.243 4.322 5.743 10.063 17.449 29.960 50.950 85.850 143.371 237.376 Period 40 1.489 2.208 3.282 1.191 1.260 1.331 1,405 1.482 1.262 1.360 1.464 1.469 1.611 1.346 1.392 1.440 1.561 1.643 1.728 1.574 1.689 1.811 1.939 2.074 1.762 1.925 2.100 2.288 Period 3 Period 4 Period 5 2.488 Period 6 2.988 Period 7 3.583 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 Period 30 3% 4% 5% 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2.030 2.040 2.050 2.100 3.030 3.060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 4.060 4.122 4.184 4.246 4.310 4.375 4.506 4.641 4.779 4.921 5.101 5.204 5.309 5.418 5.528 5.637 5.867 6.105 8.353 6.610 6.152 6.308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 7.214 7.434 7.862 7.898 8.142 8.394 8.923 9.487 10.089 10.730 8.286 8.583 8.892 9.214 9.549 9.897 10.637 11.436 12.300 13.233 9.369 9.755 10.159 10.583 11.027 11.491 12.488 13.579 14.776 16.085 10.462 10.950 11.484 12.008 12.578 13.181 14.487 15.937 17.549 6% 8% 1.000 1.000 2.060 2.080 10% 12% 14% 16% 18% 20% 1.000 1.000 1.000 1.000 1.000 1.000 2.120 2.140 2.160 2.180 2.200 3.506 3.572 3.640 5.066 5.215 5.368 6.877 7.154 7.442 11.567 12.169 12.808 13.486 14.207 14.972 16.645 18.531 20.655 12.683 13.412 14.192 15.026 15.917 16.870 18.977 21.384 24.133 13.809 14.680 15.618 16.8627 17.713 18.882 21.495 24.523 28.029 14.947 15.974 17.086 18.292 19.599 21.015 24.215 27.975 32.393 16.097 17.293 18.599 20.024 21.579 23.276 27.152 31.772 37.280 43.842 51.860 60.965 Period 40 8.977 11.414 12.142 12.916 14.240 15.327 16.499 17.519 19.086 20.799 19.337 21.321 23.521 25.959 23.045 25.733 28.755 32.150 27.271 30.850 34.931 39.581 32.089 36.786 42.219 48.497 37.581 43.672 50.818 59.196 72.035 22.019 24.297 26.870 29.778 33.066 36.786 45.762 57.275 72.052 91.025 115.380 146.628 186.688 28.243 32.030 36.459 41.646 47.727 54.865 73.106 98.347 133.334 181.871 249.214 342.603 471.981 34.785 40.588 47.575 56.085 66.439 79.068 113.283 164.494 241.333 356.787 530.312 790.948 1,181.882 48.886 60.402 75.401 95.026 120.800 154.762 259.057 442.593 767.091 1,342.025 2.360.757 4,163.213 7,343.858 9.442 9.930 4.801 7.040 10.285 21.725 45.259 93.051 188.884 378.721 750.378 1,469.772 Print Done Print Done Time Remaining: 00:55:24 Submit test

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

Recommended Textbook for

Fundamental Accounting Principles

Authors: Larson Kermit, Tilly Jensen

Volume I, 14th Canadian Edition

71051503, 978-1259066511, 1259066517, 978-0071051507

More Books

Students also viewed these Accounting questions

Question

Compare and contrast licensing and subcontracting.

Answered: 1 week ago

Question

Does the dishroom attendant have a viable claim against the club?

Answered: 1 week ago