Requirement Determine the bond issue proceeds for each of the following bonds payable. All bonds are issued on January 1, 2019. (Click the icon to view the bonds payable.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) a. Brennon Corporation issued bonds in the amount of $1,280,000 that will be paid in 9 years. Interest of $12,800 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 8%, what is the amount of the bond issue proceeds? (Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answer to the nearest cent, $X.XX.) The bond issue proceeds are $ - X 1 More Info a. Brennon Corporation issued bonds in the amount of $1,280,000 that will be paid in 9 years. Interest of $12,800 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 8%, what is the amount of the bond issue proceeds? b. Tiki Corporation issued bonds in the amount of $3,800,000 that will be paid in seven years. Interest of $76,000 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? Print Done - X Future Value of $1 30 ble 201136 Future Value of $1 Periods 1% 2% 3% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Period: 1 101000 102000 103000 1.04000 1.05000 10000 107000 108000 1.08000 109000 1.10000 111000 112000 1130001 1 140001 1.15000 1.16000 1.17000 1.180001 1.19000 1 20000 1 2 1.020101.040401.06090 1.08160 1.10250 1.12360 1.14490 1.16610 1.18810 1.21000 123210 1.25440 1.27690 1 299601 1.32250 1.34560 1.36890 1392401 1.416101 1.44000 2 3 1.030301061211.69273 1.12486 1.15763 1.19102 1.22504 1.25971 1.29503 133100 136763 1.40493 1.44290 1.481541 1.52088 1.56090 1.60161 1.64303 1.685161 1.72800 3 4 1.04060 1.082431.12551 1.16986 1.21551 1.25248 1.31080 1.36049 1.41158 1.46410 1.51807 1.57352 1.63047 1.68896 1.74901 1.81064 1.87389 1.938781 2.00534 2.07360 4 4 5 1.051011.104081 15927 1 21665 127628 133923 1.40255 1.46933 153862 1 61051 168506 1.76234 1 84244 1.92541 2 10034 2.19245 2.287761 239635 2.48832 5 6 1.06152 1.126161.19405 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.08195 2.194971 2.31306 2.13640 2.56516 2.69955 2 83976 2.98598 6 7 1072141. 148691.72987 131593 1407101503263 1.60578 1.71382 1.82004 1.94072 207616 221068 235261 250227 2 66002 282522 300124 3.18547 337932 358318 7 8 1.082861.17166 1.26677 1.36867 1.47746 1.59385 1.71819 1.85093 1.99256 2.14359 2.30454 2.47596 2.65844 2.852591 3.05902 3.27841 3.51145 3.75886) 4.02139 4.29982 8 9 1.09369 1.19509130477 1.42331 1.55133 169918 1.83846 1.99900 2.17189 2 35795 255804 277308 3.00404 3.25195 351788 3.80296 4.10840 4.43545 478545 5. 15978 9 10 1.10462 1.21899134392 1.48024 1.62889 1.79045 1.96715 2.15892 236736 2.59374 2 83942 3.10585 3.39457 3.707221 4.04556 4.41144 4.80683 5.233841 5.69468 6.19174 10 11 1.11567 1 243371 28423 153945 171034 1 898302 10485 233164 258043 2 B5312 3 15176 347855 3 B3506 422623 4 65239 5 11726 562399 6 17593 677567 743008 11 12 1.12683 1.26824 1.42576 1.60103 1.79586 2.01220 2.25219 2.51817 2.81266 3.13843 3.49845 3.89598 4.334521 4.81790 5.35025 5.93603 6.58007 7.287591 8.064241 8.91610 12 13 1.138091.293611.46853 166507 1.88565 2 13293 2.40985 2.71962 3.06580 3.45227 3.88328 1.36319 1.89801 5.49241 6.15279 6.89579 7.69868 8.59936) 959615 10.69932 13 14 1.149471.3194B151259 1.73168 1.97993 2 25000 2.57853 2.93719 3.34173 3.79750 431044 4.88711 553475 626135 7.07571 7.98752 9.00/45 10.147241 11.41977 12.83918 14 15 1.16097 1.345871.55797 1.80094 2.07893 2 39656 2.75903 3.17217 3.64248] 4.17725 4.78459 5.47357 6.25427 7.13794 8.13706 9.26552 10.53872 11.97375 13.58953 15.40702 15 16 1.17258 1.372791.60471 1.87298 2.18287 2.54035 2.95216 3.42594 3.97031 4.59497 5.31089 6.13039 7.06733 8.13725 9.35762 10.74800 12.33030 14.129021 16.17154 18.48843 16 17 1.18430 1.400241.65285 1.94790 2.29202 269277 3.15882 3.70002432763 505147 5.89509 6.86604 7.986081 9.27616 10.76126 12.46768 14.42646 16.67225 19 244131 22.18611 17 18 1.19615 1.42825170243 2 02562 240662 285434 337993 3.99602 471712 555992654355 7601997 9 02427 1057517 1237545 14 46251 16 87895 1967325 2290052 26 62333 18 19 1.20811 1.456811.75351 2.10685 2.52695 3.02560 3.61653 4.31570 5.14166 6.11591 725334 8.61276 10.19742 12.05569 14.23177 16.77652 19.74838 23.21444 27 251621 31.94800 19 20 1.220191.485951.80611 219112 2.65330 320714 3.869684.660965.60441 6.72750 8.05231961629 11.52309 13.74349 16.36654 19.46076 23.10560 27.393031 32.42912 38 33760 20 25 1.282431.640612.09378 2.66584 3.38635 429187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 21.23054 25.46192 3291895 40.87424 50.65783 62.66863) 77.38807 95.39622 25 30 134785 1.81136 2.42726 3.24310 4.321945.74349 7.61226 10.06266 13.26768 17.44910 22.89230 29.95992 39.11590 50.9501666.21177 85.84988 111.06465 143.37064 184.67531 237.37631 30 35 141660 1.99989281396 394509551602769290191067658 14.7B534 2041397 24 10244 38 57495 52 79962 206351 93.10018 133 17552 18031407 243 50347 327 9972944070061 590 66023 35 40 1.48886 2.20804 3.26204 4801027.03999 10 28572 14.97446 21.72452 31.40942 45 25926 65.00087 93.05097 132.78155 188.88351 267.86355 378.72116 533.86871 750.37834 1,051.66751 1,469.77157 40 45 1.56481 2.43785|3.78160 584118 8.98501 13.7616121.00245 31.92045 18.32729 72 89048 109 53024 163.99760 244.64140 363.67907 538 76927 795.44383 1.170.47941 1.716.68388 2,509 65060 3,657.26199 45 1.64463 2.691594.38391 7.1066811.46740 18.42015 29.45703 46.90161 7435752 11739085184 56483289.00219 450.73593 700.23299 1 083.657441,670.70380 2566 21528 3927.35686 5 988 91390 9,100.43815 60 1.81670 3.28103/5.89160 10.51963 18.67919 32.98769 57.94643101.25706176.03129304.48164524.05724 897.59693 1.530.053472,595.918664,383.998757,370.20137 12,335.3564820,555.1399734,104.9709256,347.51435 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 15% 16% 17% 18% 19% 20% Period: Print Done Done Future Value of an Ordinary Annuity uture Value of an Ordinary Annuity Periods 1% 2% 3% 5% 6% 8X 9% 10% 11% 12 13% % 14% 15% 16% 17% 18% 19% 20% Perio % 1 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1 2 201000 2.02000 2.03000 2.04000 205000 2.06000 2.07000 2.08000 2.09000 2.10000 2.11000 2.12000 2.13000 2.14000 2 15000 2.16000 2.17000 2.18000 2.19000 2.20000 2 3 303010 308040309090 312160 3 15250 318360 321490 324640 327810 331000 3 34210 337440 340690 343960 347250 350611 3538901 357240 3 50610 364000 3 4 4.06040 412161 4.18363 424546 431013 4.37462 4.43994 4.50611 4.57313 4.64100 4.70973 4.779331 4.84900 492114 4.99336 5.06650 5.14051 5 21543 5.29126 5.36300 4 5 510101 520404 530914 541632 552563 563709575074 5.86660 598171 6 10610 622780 6352861 6.49027 6.61010 674238 687714 701440 715121 7 296601 7.44160 5 6 6 15202630912 6.46841 663298680191 697532 7 15329 733593 752333 771561 791286 811519 832271 853552 875374 8.97748 9 9 206951 944197 969295 992992 6 7 7.21354 7.43428 7.66246 7.89629 8.14201 8.39384 8.65402 8.92280 9.20043 9.487171 9.78327 10.089011 10.404661 10.73049 11.06580 11.41387 11.77201 12.14152 12.522711 12.91590 7 8 9 28567 858297 889234921423 951911 989747 10 25980 1063663 1102847 11 425891 11 8593 12 20969 12 75726 13 232761 1372882 14 24004 14 77325 1532700 15912031 16 49908 8 9 9.36853 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799 12.46756 13.02104 13.57948 14.16397 14.77565 15.41571 16.00535 16.78584 17.57851 18.28471 19.08585 19.92341 20.79990 9 10 1046221 10 94972 11.46388 12.00611 1257789 13.18079 1381645 1448656 15 19293 15.93742 16 72201 1754874 18.41975 19.33730 20 30372 21.32147 22.39311 23 52131 24.70886 25.95868 10 11 1156683 12 16872 12 80780 1348635 14 20679 14.97164 1578360 16.64549 1756029 1853117 1956143 20.65458 2181432 23 04452 24 34928 25 73290 27 19994 29 75514 30 40355 32 1504211 12 12.68250 13.41209 14.19203 15.02581 15.91713 16.86994 17.88845 18.97713 20.14072 21.38428 2271319 24.13313 25.65018 27.27075 29.00167 30.85017 32.82393 34.93107 37.180221 39.58050 12 13 13 80933 1468033 1561779 1662684 17 71298 18 88214 2014064 21.49530 2295338 2452271 2621161 28 02911 2999470 32 08865 31.35197 36 78620 39 10399 4221866 4521146 18.49660 13 14 14.94742 15.97394 17.00632 18 29191 19.59063 21.01507 22.55049 2421492 26.01919 27.97498 30.09492 32.39260 34.86271 37.53107 40.50471 43.67199 47.102571 50.01002 54.64091 59. 19592 14 15 16.09690 17.29342 18.59891 2002359 2157856 23.27597 25.12902 27 15211 29 36092 31.77248 3440536 37.27971 40.41746 43.84241 4758041 51.65951 56 11013 6096527 66.26058 72.03511 15 16 17 25785 1863929 20.15688 21 82453 23 65749 2567253 27 88805 30 32428 33 00340 35 94973 39 18995 42.75328 46 67173 50 94035 55 71747 609250G 66 64895 7293901 79 850211 87.44213 16 17 18.43044 20.01207 21.76159 23.69751 25.84037 28.21289 30.84022 33.75023 36.97370 40.54470 44.50084 48.88367 53.73905 59.11760) 6507509 71.67305 78.97915 87.06804 96.02175 105.93056 17 18 19 61175 2141231 23.114142564511 28 13238 3090565 33 99903 37.45024 4130131 1559917 5039591 55 74971 6172514 68 39407 75 83836 84 140721 9310561 103 74028 115 26598 128 11667 18 19 20.01090 22.84056 25.11607 27.67123 30.53900 33.75999 37.37696 41.44626 46.01846 51.15909 56.93949 63.43968 70.74941 78.96923 08.21181 98.60323 110.23456 123.41353 138. 16640 154.7400019 20 22.019002429737 26.87037 29.77808 33 06595 36.78559| 40.99549 45.7619 51.16012 57.27500 6420283 72.05244 80.94683 91.02493 102 44368 115.37975 130.03294 146 62797 165.41802 186.68800 20 25 18 24320 32 03030 3645926 41 64591 47 72710 54 86451 63 24904 73 10694 8470040 98 34706 11441331 133 32387 155 61956 181 87093 21279307 249 21400 292 10486 342 60349 402 04249 47198108 25 30 34.78489 40.56808 47.57542 56.08494 65.43985 79.05819 94.46079 113.26321 136.30754 164.49402199.02088 241.33268 293.19922 356.78685 434.74515 530.31173 647.43912 790.94799 966.71217] 1,181.88157 30 35 166028 1999148 6016206 73 65222 9032031 111.13478138 23628 17231680 215 71075 27102437 31158965 131 66350 516 69082 69357270 88117016 1,120 71295 1126 49102 181665161 2,31421372 2918 34115 298 35 40 40.08637 60.40190 75.40126 95.02552 120.79977 154.76 197 199.63611 259.05652 337 08245 442.59256 581.02607 767.09142 1,013.70424 1,342.02510 1,779 09031 2,360.75724 3.134.52194 4.163 21303 5,529.628987,343.85784 40 45 56.48107 71.89271 92.71986|121.02939 159.70016212.74351285.74931 386.50662 525 85873 718.90484 986 638561,358.23003 1,874.16463 2.590.56480 3,585 12846 4,965.27391 6,879.29065 9,531.57711 13,203.42423 18,281 30894 45 50 64.46316 6457940 112.79687 15266706209 34800 2903359040652893 573.77016815.083561,163.908531663.771152,400.01825 3,459.50712 4,994.52135 7217 71628 10,435.64877 15,089.50167 21 813 09367 31515 33633 45,497 19075 50 60 31.66967 114.05154 163.05344 237.99069353.58372533.12818|813.52038 1,253.21330 1.944.792133.034.816404.755.06584 7.471.6411111,761.9497918,535.1332829.219.9916446,057.50853/2,565.03813114,189.66648 179,494.58379281,73257171 60 Periods 1% 2% 3% 4% 5% 6% 8% 9% 10% 11% 12% 13% % 14% 15% 16% 17% 18% % 19% 20% Perio Print Done - X Future Value of an Annuity Due 10.77201 Future Value of an Annuity Due Periods 1% 2nd 3% 4% 5 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Perle 1 1.01000 102000 1.03000 1.04000 1.05000 106000 1.07000 1.08000 1.09000 1.100001 1.11000 1.120001 1.13000 1.14000 1.15000 1.16000 1.17000 1.18000 1.19000 1.20000 1 2 2.03010 206040 2.09090 2.12160 2.15250 2.18360 221490 2 24540 2.278101 2.31000 2.342101 2.37440 2.40690 2.43950 2.47250 2.50560 2.538901 2.57240 2.60610 2640002 3 308040 3 12161 3.18363 324646 331013 337462 343994 350611 3.573131 3.64100 3.70973 3.77933 3.84990 392114 3 993381 406650 4 14051 4.21543 429126 436800 3 4.10101 420404 4.30914 4.41632 452563 463709 4.75074 486560 4.98471 5.10510 5.22780 5.35285 5.48027 5.61010 5.74238 5.877141 6.014401 6.15421 6.29660 6.441601 4 5 5.15202 530912 5.46841 5.63298 5.80191 5.97532 6.15329 6.33593 6.523331 6.71561 6.91296 7.11519 7.32271 7.53552 7.75874 7.977481 8.206051 8.44197 8.68295 9.92992 5 6 6.21354 6.43428 6.66246 6.89829 7.14201 739384 766402 7 92280 8.20043 8.487171 8.78327 9.08901 9.40456 9.730491 10.06680 10.41387 11.14152 11.52271 11.915901 6 7 7.26567 758297 7.89234 8.21423 8.54911 9.39747 9 25990 9.63663 10.02847 10.43509 10.85943 11.29959 11.757261 12.232761 12.72602 13.24009 13.773251 14.32700 14.90203 15.49900 7 8 836853875163 915911 958280 10 02656 1049132 10 97799 1118756 12 0210M 12 5798 13 16397 1377566 14.11571 15 085361 15 78584 16518511 17 29471 18 08585 18 92311 1979890 8 9 9.46221| 9.94972 10.46386 11.005 11 11.57789 12. 18079 12.81645 13.48556 14.19293 14.19293 14.93742 15.72201 16.54874 17.41975 18.33730 19.30372| 20.321471 21.39311 22.52131 23.70886 24.95863 9 10 10.56683 11 16972 11 80780 12.48635 13 20679 13 97164 1478360 1564549 1656029 1753117 1856143 19.65458 20.81432 22.04452 23.34928 2472290 26.19994 27.75514 29 40355 31 1504210 11 11.68250 1241209 13.19203 14.02581 14.91713 15.86994 16.88845 17.97713 19.14072 20.38428 21.71319 23.13313 24.65018 26.27075 28.00167 29.850171 31.82390 33.93107 36.18022 38.58050 11 12 12 80933 13 68033 14.61779 15.62694 16.7129817 88214 19.14064 2049530 21.95338 23.52271 2049530 21.95338 23.52271 2521154 2702911 28.994701 31.09865 23.35192 35.78620 35 38.40399 41.21886 44 24446 47.4966011 13 13.94742 14.97394 16.08532 17.29191 18.55863 20.01507 2155049 23 21492 25.01919 26.97498 29.09492 31.39260 33.88271 36,58107 39.50471 42.6/199 46.10267 49.81802 53.84091 58.1959213 14 15.09690 16.29042 17.59891 19.02359 20.57856) 22.27597 24.12902 25.15211 28.36092 30.77248 33.40536 36.27971 39.41746) 42 84241 46.500411 50.65951 55.11013 59.96527 65 26060 71,03511 12 15 16 25786|1763924 19 15689 2082453 2265749 2467253 2688805 29 32428 32 00310 34 91973 38 18945 41 75328 15 67173 19 98035 54 71747 59 92503 66 618851 71 939011 78 850/21 8644213 15 16 17.43044 19.01207 20.76159 22.69751 24.84037 27.21289 29.64022 32.75023 35.97370 39.54470 43.50094 43.50094 47.69367 52.73906 56. 11760 64.07509 70.67306 77.97915 36.06004 9502175 104.93058 16 17 18 61475 20-1231 221144 2461571 27 13228 2990565 32 99903 3645121 1030131 1459917 1939594 54.74971 60 72514 67 39407 74 83636 83 11072) 92.40.561 102 74028 11126589 127 11667 11 18 19.81090 21.84056 24.11687 26.67123 29.53900 32.75999 36.37896 40.44526 45.01846 50.15909 55.93949 62.43968 69.74941 77.96923 87 211811 97.60323 109.28456 122.41353 137.16640 153.7400018 19 21.01900 23 29737 25 87037 28.77808 32.06595 3578559 39 99549 44 76196 5016012 5627500 63 20243 71.05244 79.94693 90.02493 101.44358 114 37975 129.03294 14562797 164 41802 185 6880019 20 22.2391924.78332 27.67649 30.95920 34.71925 38.9927343.86518 49.42292 56.76453 63.00250 71.26514 80.69874 91.46992 103.76842 117.81012 133.84051 152 13854 173.02100 196 84744 224 02560 20 25 28.52563 32 67091 37 55304 43 31174 50.11345 58.15638 67 67647 7895442 92.32398 108.19177 126.99877 149 33393 175.85010 207.33274 244.71197 209.08827 341.76263 404 27211 478-43056 566 37730 2: 30 35.132/4 41.3/94449.00268 58.32834 69.760/9 83 80168101.07304 1223458/ 148.5/522 180.94342 220.91317 270.29261 331 31511 406.73701 49995692 615. 16161 75750371 933.31853 1,150.38748 1.418.25788 30 35 42.07608 50.99437 62 27594 76.59601 9483632 110.12067 147.91346 196.10215 235.12472 298.12601 379.16441 403.46312 617.74933 790.67206 1,013.34568 1,300.02706 1.669.99450 2,143.64890 2,753.91433 3530.00937 38 10 1937524 61610027766330 98 82651126 82976|161 0176821360967 279 78104 368 29187 18685181 615 82693 859 14229 1,145 18579 1529.90861 2015.95325 2738 47810 3667 390564,912 59137 658049649 8 812 62911 10 45 57.04589 73.33056 95.50146 125.87057 167.68516122550912305.75176 417 42507 573.18602 790.795321,095.168801,521.21764 2.117.80603 2.953.24387 4.122.89773 5,759.71774 8.048.77006 11,247.26098 15,712.07483 21.937.571934 50 6510781 86 27099116 18077 158 77377 219.81540307 75606434 98595 619 67177 888 441081,280 299381,852 335982,688.02044 3,909 24304 5693.75433 8 300 373721210535258 17 654 71696 2579.45053 37 503 25023 54 596 62890 50 60 82.48637|116.33257 167.94504 24751031 371.26290565.11587 870.46681 1,363.47036 2.119.823423,338.2980355,278.123188,368.2380513,291.0032721,130.0519433,602.9903853,426.7099034,889.39461134,743.80644213,598 55470 338 079 08612 61 Periods 1% 2% 3% 5% 6% 7% 8% 9% 10% 11% 12% % 14% 15% 16% 17% 18% 19% 20% Perle Print Done 1 Present Value of $1 Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470) 0.84746 0.84034 0.83333 1 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 0.70616 0.69444 2 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.59342 0.57870 3 4 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 0.49867 0.48225 4 5 095147 090573 0 86261 082193 0 78353 074726 071299 068058 064993 062092 0 59345 0 56743 054276 051937 0.49718 0.47611 0.45611 0.43711 0.41905 0.40188 5 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 059627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 0.38984 0.37043 0.35214 0.33490 6 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 0.29592 0.27908 7 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 0.24867 0.23257 8 9 091434 083676 0 76642 070259 064461 0 59190 054393 050025 0.46043 042410 0 39092 0 36061 033288 0 30751 O 28426 0 26295 0 24340 0 22546 0 208970 19381 9 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 0.20804 0.19106 0.17560 0.16151 10 11 0.89632 0.80426 0.72242 0.61958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.26070 0.23662 0.21494 0.19542 0.17781 0.16192 0.14757 0.13459 11 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.23071 0 20756 0.18691 0.16846 0.15197 0.13722 0.12400 0.11216 12 13 087866 0 77303 068095 060057 053032 0 46884 041496 0 36770 0 32618 0 28966 0 25751 0 22917 0 20416 0 18207 0.16253 0 14523 0.129890 11629 0.10421 009346 13 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.11102 0.09855 0.08757 0.07789 14 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 0.07359 0.06491 15 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 0.06184 0.05409 16 17 084438 071416 0.60502 051337 0.43630 0.37136 0 31657 0 27027 0 231070 19784 0 16963 0.14564 0.12522 0 10780 0.09293 0.08021 0.06932 0.05998 0.05196 0.04507 17 18 0.83602 070016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 021199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 0.05083 0.04367 0.03756 18 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 0.08295 0.07027 0.05961 0.05064 0.04308 0.03670 0.03130 19 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 0.03084 0.02608 20 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.233000 18425 0.14602 011597 0.09230 0.07361 0.05882 0.04710 0.03779 0.03038 0.02447 0.01974 0.01596 0.01292 0.01048 25 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.02557 001963 0.01510 0.01165 0.00900 0.00697 0.00541 0.00421 30 35 0.70591 0.50003 0.35538 0.25342 0.18129 0.13011 0.09366 0.06763 0.04899 0.03558 0.02592 0.01894 0.01388 0.01019 0.00751 0.00555 0.00411 0.00305 0.00227 0.00169 35 40 0.67165 0.45289 0.30656 0.20829 0.14205 0.09722 0.06678 0.04603 0.03184 0.02209 0.01538 0.01075 0.00753 0.00529 0.00373 0.00264 0.00187 0.00133 0.00095 0.00068 40 45 0.63905 0.41020 0.26444 0.17120 0.11130 0.07265 0.04761 0.03133 0.02069 0.01372 0.00913 0.00610 0.00409 0.00275 0.00186 0.00126 0.00085 0.00058 0.00040 0.00027 45 50 0.60804 0.37153 0 22811 0.14071 0.08720 0.05429 0.03395 0.02132 0.01345 0.00852 0.00542 0.00346 0.00222 0.00143 0.00092 0.00060 0.00039 0.00025 0.00017 0.00011 50 60 0.55045 0.30478 0.16973 0.09506 0.05354 0.03031 0.01726 0.00988 0.00568 0.00328 0.00191 0.00111 0.00065 0.00039 0.00023 0.00014 0.00008 0.00005 0.00003 0.00002 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Print Done Present Value of an Ordinary Annuity - Present Value of an Ordinary Annuity Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 0.84034 0.83333 1 2 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.66810 1.64666 1.62571 1.60523 1.58521 1.56564 1.54650 1.52778 2 3 2.94099 2.88388 2.82861 2.77509 2.72325 2.67301 2.62432 2.57710 2.53129 2.48685 2.44371 2.40183 2.36115 2.32163 2.28323 2.24589 220958 2.17427 2.13992 2. 10648 3 4 4 3.90197 3 80773 371710 362990 354595 346511 3 38721 331213 3 23972 3.16987 3.10245 303735 2 97447 291371 285498 279818 274324 269006 263859 2 58873 4 5 4.85343 4.71346 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.51723 3.43308 3.35216 3.27429 3.19935 3.12717 3.05763 2.99061 5 6 5.79548 5.60143 5.41719 5.24214 5.07569 4.91732 4.76654 4.62288 4.48692 4.35526 4.23054 4.11141 3.99755 3.88867 3.78448 3.68474 3.58918 3.49760 3.40978 3.32551 ) 6 7 6.72819 6.47199 6 23028 6 00205 578637 558238 538929 5 20637 503295 4 868424712204.56376 4.42261 428830 4.16042 403857 392238 3.81153 3 70570 360459 7 8 8 7.65168 7.32548 7.01969 6.73274 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.79877) 4.63886 4.48732 4.343594.20716 4.07757 3.95437 3.83716 8 9 9 8.56602 8.16224 7.78611 7.43533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 5.13166 4.94637 4.77158 4.60654 4.45057 4.30302 4.16333 4.03097 9 10 9.47130 898259 853020 8 11090 7.72173 7360097 02358 6 71008 6.417666.14457 588923 565022 5 42624 5 21612 501877 483323 4.65860 4 49409 433893 4. 19247 10 11 10.36763 9.78685 9.25262 8.76048 8.30641 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.68694 5.45273 5.23371 5.02864 4.83641 4.65601 4.48650 4.32706 11 12 11.25508 10.57534 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.91765 5.66029 5.42062 5.19711 4.98839 4.79322 4.61050 4.43922 12 13 12. 13374 11.34837 1063496 9.98565 9.39357 8.85268 8 35765 7.90378 7.48690 7. 10336 6.74987 6.42355 6.121815.84236 558315 5 34233 5 11828 4.90951 4.71471 453268 13 14 13.00370 12.10625 11.29607 10.56312 9.89864 9.294988.74547 8.24424 7.78615 7.36669 6.98187 6.62817 6.302496.00207 5.72448 5.46753 522930 5.00806 4.80228 461057 14 15 13.86505 12.84926 11.93794 11.11839 10.37966 9.71225 9.10791 8.55948 8.06069 7.60608 7.19087 6.81086 6.46238 6.14217 5.84737 5.57546 5.32419 5.09158 4.87586 4.67547 15 16 14.71787 13.57771 12.56110 11.65230 10.83777 10.10590) 9.44665 8.85137 8.31256 7.82371 7.37916) 6.97399 6.60388 6.26506 5.95423 5.66850 5.40529 5.16235 4.93770 4.72956 16 17 1556225 14 29187 13.16612 12. 16567 11.2740710.47726 9.76322 9.12164 8.54363 8.02155 754879 7.11963 6.72909 6 37286 6.04716 574870 5.47461 5.22233 4.98966 4.77463 17 18 16.39827 14.99203 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189 8.75563 8.20141 7.701627.24967 6.83991 6.46742 6.12797 5.81785 5.53385 5.27316 5.03333 4.81219 18 19 17.22601 15.67846 14.32380 13.1339412.08532 11.15812 10.33560 9.60360 8.95011 8.36492 7.83929 736578 6.93797 6.55037 6.19823 5.87746 5.58449 5.31624 5.07003 4.84350 19 20 18.04555 16 35143 14.87747 13 590331246221 11.46992 10 59401 981815 9.12855 8.51356 7.96333 7.46944 7.02475 6.62313 6 25933 5.92884 562777 5 35275 5.10086 486958 20 25 22.02316 19.52346 17.41315 15.6220814.0939412.7833611.65358 10.67478 9.82258 9.07704 0.42174 7.84314 7.32998 6.87293 6.46415 6.09709 5.76623 5.46691 5.19515 4.94759 25 30 25.80771 22.39646 19.60044 17 29203 15.3724513.76483 12.40904 11.25778 10.27365 9.42691 8.69379 8.05518 7.49565 7.00266 6.56598 6.17720 5.82939 551681 5.23466 4.97894 30 35 29.40858 24 99862 21.48722 18 66461 16 3741914 49825 12 94767 11.65457 1056682 9.64416 8 85524 8 17550758557 7.07005 6.61661 6 21534 585820 553862 5 25122 4 99154 35 40 32.83469 27 35548 23.11477 19.79277 17.1590915.04630 13.33171 11.92461 10.75736 9.77905 8.95105 8.24378 7.63438 7.10504 6.64178 6.23350 5.87133 5.54815 5.25815 4.99660 40 45 36.09451 29.4901624.51871 20.72004 17.7740715.45583 13.60552 12. 10840 10.881209.86281 9.00791 8.28252 7.660867.12322 6.65429 6.24214 5.87733 5.55232 5.26106 4.99863 45 50 39 19612 31 42361 25 72976 21 48218 18 25593 15 7618613 80075 12 23348 10.96168 991481 904165 8 30450 7.67524 7.13266 666051 6 24626 5 88006 555414 5 26228 4 99945 50 60 44.95504 34.76089 27.67556 22.6234918.9292916.16143 14.03918 12 37655 11.04799 9.96716 9.07356 8.32405 7.68728 7.140116.66515 6.24915 5.88188 5.55529 5.26300 4.99991 60 1% 1 2% 3% 4% 4 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Periods Print Done Present Value of an Annuity Due Present Value of an Annuity Due Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 1.00000 100000 1.00000 100000 1.00000 100000 1.00000 100000 1.00000 100000 1.000000 1.00000 100000 1.00000 100000 100000 100000 1.000000 100000 1.00000 1 2 1.99010 1.98039 1.97087 1.96154 1.95238 1.94340 1.93458 1.92593 1.91743 1.90909 1.90090 1.89286 1.88196 1.87719 1.96957 1.86207 1.85470 1.84746 1.84034 1.83333 2 3 2.97040 2.94156 2.91347 2.88609 2.85941 2.83339 2.80802 2.78326 2.75911 2.73554 2.71252 2.69005 2.66810 264666 2.62571 2.60523 2.58521 2.56564 2.54650 2.52778 3 4 394099 388388 382861 377509 372325 367301 362432 357710 353129 3.48685 3.44371340183 336115 332163 328323 3 245893 20958 3.17427 313992 3 10648 4 5 4.90197 4.80773 471710 4.62990 4.54595 4.46511 438721 431213 4.23972 4.16987 4.10245 4.03735 3.97447 3.91371 3.85498 3.79818 3.74324 3.69006 3.63859 3.58873 5 6 5.85343 5.71346 5.57971 5.45182 5.32948 5.21236 5.10020 4.99271 4.88965 4.79079 4.69590 4.60478 4.51723 4.43308 4.35216 4.27429 4.19935 4.12717 4.05763 3.99061 6 7 6.79548 6.60143 6.41719 6.24214 6.07569 5.91732 5.76654 5.62288 5.48592 5.35526 5.23054 5.11141 4.99755 4.88867 4.78448 4.68474 4.58918 4.49760 4.40978 4.32551 7 8 772819 7.47199 7 23028 700205 678637 658238 638929620637 603295 5 86842 571220556376 5.42261 5288305 16042 5 03857 492238 481153 4 70570 460459 8 9 8.65168 8.32548 8.01969 7.73274 7.46321 7.20979 6.97130 6.74664 6.53482 6.33493 6.14612 5.96764 5.79877 5.63886 5.48732 5.34359 5.20716 5.07757 4.95437 4.83716 9 10 9.56602 9.16224 8.78611 8.43533 8.10782 7.801697.51523 7.24689 6.99525 6.75902 6.53705 6.32825 6.13166 5.94637 5.771585.60654 5.45057 5.30302 5.16333 5.03097 10 11 10.47130 9.98259 9.53020 9.11090 8.72173 8.36009 8.02358 7.71008 7.41766 7.14457 6.88923 6.65022 6.42624 621612 6.01877 5.83323 5.65860 5.49409 5.33893 5.19247 11 12 11.36763 10.78685 10 25262 9.76048 9.30641 888687 8.49867 8 13896 780519 7.495067 20652 6 93770 6.68694 6.45273 6 23371 6 02864 5 83641 565601 5.48650 5 32706 12 13 12.25508 11.57534 10.95400 10.38507 9.86325 9.38384 8.94269 8.53608 8.16073 7.813697.49236 7.19437 6.91765 6.66029 6.42062 6.19711 5.98839 5.79322 5.61050 5.43922 13 14 13.13374 12.34837 11.63496 10.98565 10.39357 9.85268 9.35765 8.90378 8.48690 8.10336 7.749877.42365 7.12181 6.84236 6.58315 6.34233 6.11828 5.90951 5.71471 5.53268 14 15 14.00370 13.10625 12 29607 11.56312 10.89864 10.29498) 9.74547 9.24424 8.78615 8.36669 7.98187 7.62817 7.30249 7.00207 6.72448 6.46753 6.22930 6.00806 5.80228 5.61057 15 16 14.86505 13.84926 12.93794 12.11839 11.37966 10.71225 10.10791 9.55948 9.06069 860608 8.19087 781086 7.46238 7. 14217 6.84737 657546 632419 6.09158 587586 567547 16 17 15.71787 14.57771 13.56110 12.65230 11.83777 11.10590 10.44665 9.85137 9.31256 8.82371 0.37916 7.97399 7.60388 7.26506 6.95423 6.66850 6.40529 6.16235 5.93770 5.72956 17 18 16.5622515.29187 14.16612 13.16567 12.27407 11.47726 10.76322 10.12164 9.54363 9.02155 8.54879 8.11963 7.72909 7.37286 7.04716 6.74870 6.47461 6.22233 5.98966 5.77463 18 19 17 39827 15.99203 14.75351 13.659301268959 11.82760 11.05909 10.37189 9.75563 9.20141 8.70162 8 24967 7.83991 7.46742 7.12797 6.81785 653385 6.27316 603333 5.81219 19 20 18.2260116.67846 15.32380 14.13394 13.08532 12.15812 11.33560 10.60360 9.95011 9.36492 8.83929 8.36578 7.93797 7.55037 7. 19823 6.87746 658449 6.31624 6.07003 5.84350 20 25 22.24339 19.91393 17.93554 16.24696 14.79864 13.55036 12.46933 11.52876 10.70661 9.98474 9.34814 8.78432 8.28288 7.83514 7.43377 7.07263 6.74649 6.45095 6.18223 5.93710 25 30 26.06579 22.84438 20.18845 17.9837116.14107 14.59072 13.27767 12.15841 11.19828 10.36961 9.65011 9.02181 8.47009 7.98304 755088 7.16565 6.82039 6.50983) 6.22924 5.97472 30 35 2970267 25 4985922 13184 19.4112017 19290 15 3681413 85401 1258693 1151784 10 60857 9.82932 9.15656 857170 805985 760910 7 20979 685409 6 53557 6 24895 598984 35 40 33.16303 27.90259 23.80822 20.58448 1801704 15.94907 14.26493 12 87858 11.72552 10.75696 993567 9.23303862684 8.09975 763805 7.23086 6.86946 6.54682 6.25720 5.99592 40 45 36.4554530.07996 25.25427 21.54884 18.66277 16.38318 14.55791 13.07707 11.86051 10.84909 9.99878 9.27642 8.65678 8.12047 7.65244 7.240896.87647 6.55174 6.26066 5.99836 45 50 39.58808 32.05208 26.50166 22.34147 19.16872 16.70757 14.76680 13.21216 11.94823 10.90630 10.03624 9.30104 8.67302 8.13123 7.65959 7.24566 6.87967 6.55389 6.26211 5.99934 50 60 45 40459 35 45610 28 50583 2352843 19 87575 17 1311115 02192 13 36668 12 0423110963871007165 9 32294 868663 8 13972 7 66492 7 24902 6 88180 655524 626297 5 99989 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Print Done Requirement Determine the bond issue proceeds for each of the following bonds payable. All bonds are issued on January 1, 2019. (Click the icon to view the bonds payable.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) a. Brennon Corporation issued bonds in the amount of $1,280,000 that will be paid in 9 years. Interest of $12,800 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 8%, what is the amount of the bond issue proceeds? (Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answer to the nearest cent, $X.XX.) The bond issue proceeds are $ - X 1 More Info a. Brennon Corporation issued bonds in the amount of $1,280,000 that will be paid in 9 years. Interest of $12,800 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 8%, what is the amount of the bond issue proceeds? b. Tiki Corporation issued bonds in the amount of $3,800,000 that will be paid in seven years. Interest of $76,000 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? Print Done - X Future Value of $1 30 ble 201136 Future Value of $1 Periods 1% 2% 3% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Period: 1 101000 102000 103000 1.04000 1.05000 10000 107000 108000 1.08000 109000 1.10000 111000 112000 1130001 1 140001 1.15000 1.16000 1.17000 1.180001 1.19000 1 20000 1 2 1.020101.040401.06090 1.08160 1.10250 1.12360 1.14490 1.16610 1.18810 1.21000 123210 1.25440 1.27690 1 299601 1.32250 1.34560 1.36890 1392401 1.416101 1.44000 2 3 1.030301061211.69273 1.12486 1.15763 1.19102 1.22504 1.25971 1.29503 133100 136763 1.40493 1.44290 1.481541 1.52088 1.56090 1.60161 1.64303 1.685161 1.72800 3 4 1.04060 1.082431.12551 1.16986 1.21551 1.25248 1.31080 1.36049 1.41158 1.46410 1.51807 1.57352 1.63047 1.68896 1.74901 1.81064 1.87389 1.938781 2.00534 2.07360 4 4 5 1.051011.104081 15927 1 21665 127628 133923 1.40255 1.46933 153862 1 61051 168506 1.76234 1 84244 1.92541 2 10034 2.19245 2.287761 239635 2.48832 5 6 1.06152 1.126161.19405 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.08195 2.194971 2.31306 2.13640 2.56516 2.69955 2 83976 2.98598 6 7 1072141. 148691.72987 131593 1407101503263 1.60578 1.71382 1.82004 1.94072 207616 221068 235261 250227 2 66002 282522 300124 3.18547 337932 358318 7 8 1.082861.17166 1.26677 1.36867 1.47746 1.59385 1.71819 1.85093 1.99256 2.14359 2.30454 2.47596 2.65844 2.852591 3.05902 3.27841 3.51145 3.75886) 4.02139 4.29982 8 9 1.09369 1.19509130477 1.42331 1.55133 169918 1.83846 1.99900 2.17189 2 35795 255804 277308 3.00404 3.25195 351788 3.80296 4.10840 4.43545 478545 5. 15978 9 10 1.10462 1.21899134392 1.48024 1.62889 1.79045 1.96715 2.15892 236736 2.59374 2 83942 3.10585 3.39457 3.707221 4.04556 4.41144 4.80683 5.233841 5.69468 6.19174 10 11 1.11567 1 243371 28423 153945 171034 1 898302 10485 233164 258043 2 B5312 3 15176 347855 3 B3506 422623 4 65239 5 11726 562399 6 17593 677567 743008 11 12 1.12683 1.26824 1.42576 1.60103 1.79586 2.01220 2.25219 2.51817 2.81266 3.13843 3.49845 3.89598 4.334521 4.81790 5.35025 5.93603 6.58007 7.287591 8.064241 8.91610 12 13 1.138091.293611.46853 166507 1.88565 2 13293 2.40985 2.71962 3.06580 3.45227 3.88328 1.36319 1.89801 5.49241 6.15279 6.89579 7.69868 8.59936) 959615 10.69932 13 14 1.149471.3194B151259 1.73168 1.97993 2 25000 2.57853 2.93719 3.34173 3.79750 431044 4.88711 553475 626135 7.07571 7.98752 9.00/45 10.147241 11.41977 12.83918 14 15 1.16097 1.345871.55797 1.80094 2.07893 2 39656 2.75903 3.17217 3.64248] 4.17725 4.78459 5.47357 6.25427 7.13794 8.13706 9.26552 10.53872 11.97375 13.58953 15.40702 15 16 1.17258 1.372791.60471 1.87298 2.18287 2.54035 2.95216 3.42594 3.97031 4.59497 5.31089 6.13039 7.06733 8.13725 9.35762 10.74800 12.33030 14.129021 16.17154 18.48843 16 17 1.18430 1.400241.65285 1.94790 2.29202 269277 3.15882 3.70002432763 505147 5.89509 6.86604 7.986081 9.27616 10.76126 12.46768 14.42646 16.67225 19 244131 22.18611 17 18 1.19615 1.42825170243 2 02562 240662 285434 337993 3.99602 471712 555992654355 7601997 9 02427 1057517 1237545 14 46251 16 87895 1967325 2290052 26 62333 18 19 1.20811 1.456811.75351 2.10685 2.52695 3.02560 3.61653 4.31570 5.14166 6.11591 725334 8.61276 10.19742 12.05569 14.23177 16.77652 19.74838 23.21444 27 251621 31.94800 19 20 1.220191.485951.80611 219112 2.65330 320714 3.869684.660965.60441 6.72750 8.05231961629 11.52309 13.74349 16.36654 19.46076 23.10560 27.393031 32.42912 38 33760 20 25 1.282431.640612.09378 2.66584 3.38635 429187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 21.23054 25.46192 3291895 40.87424 50.65783 62.66863) 77.38807 95.39622 25 30 134785 1.81136 2.42726 3.24310 4.321945.74349 7.61226 10.06266 13.26768 17.44910 22.89230 29.95992 39.11590 50.9501666.21177 85.84988 111.06465 143.37064 184.67531 237.37631 30 35 141660 1.99989281396 394509551602769290191067658 14.7B534 2041397 24 10244 38 57495 52 79962 206351 93.10018 133 17552 18031407 243 50347 327 9972944070061 590 66023 35 40 1.48886 2.20804 3.26204 4801027.03999 10 28572 14.97446 21.72452 31.40942 45 25926 65.00087 93.05097 132.78155 188.88351 267.86355 378.72116 533.86871 750.37834 1,051.66751 1,469.77157 40 45 1.56481 2.43785|3.78160 584118 8.98501 13.7616121.00245 31.92045 18.32729 72 89048 109 53024 163.99760 244.64140 363.67907 538 76927 795.44383 1.170.47941 1.716.68388 2,509 65060 3,657.26199 45 1.64463 2.691594.38391 7.1066811.46740 18.42015 29.45703 46.90161 7435752 11739085184 56483289.00219 450.73593 700.23299 1 083.657441,670.70380 2566 21528 3927.35686 5 988 91390 9,100.43815 60 1.81670 3.28103/5.89160 10.51963 18.67919 32.98769 57.94643101.25706176.03129304.48164524.05724 897.59693 1.530.053472,595.918664,383.998757,370.20137 12,335.3564820,555.1399734,104.9709256,347.51435 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 15% 16% 17% 18% 19% 20% Period: Print Done Done Future Value of an Ordinary Annuity uture Value of an Ordinary Annuity Periods 1% 2% 3% 5% 6% 8X 9% 10% 11% 12 13% % 14% 15% 16% 17% 18% 19% 20% Perio % 1 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1 2 201000 2.02000 2.03000 2.04000 205000 2.06000 2.07000 2.08000 2.09000 2.10000 2.11000 2.12000 2.13000 2.14000 2 15000 2.16000 2.17000 2.18000 2.19000 2.20000 2 3 303010 308040309090 312160 3 15250 318360 321490 324640 327810 331000 3 34210 337440 340690 343960 347250 350611 3538901 357240 3 50610 364000 3 4 4.06040 412161 4.18363 424546 431013 4.37462 4.43994 4.50611 4.57313 4.64100 4.70973 4.779331 4.84900 492114 4.99336 5.06650 5.14051 5 21543 5.29126 5.36300 4 5 510101 520404 530914 541632 552563 563709575074 5.86660 598171 6 10610 622780 6352861 6.49027 6.61010 674238 687714 701440 715121 7 296601 7.44160 5 6 6 15202630912 6.46841 663298680191 697532 7 15329 733593 752333 771561 791286 811519 832271 853552 875374 8.97748 9 9 206951 944197 969295 992992 6 7 7.21354 7.43428 7.66246 7.89629 8.14201 8.39384 8.65402 8.92280 9.20043 9.487171 9.78327 10.089011 10.404661 10.73049 11.06580 11.41387 11.77201 12.14152 12.522711 12.91590 7 8 9 28567 858297 889234921423 951911 989747 10 25980 1063663 1102847 11 425891 11 8593 12 20969 12 75726 13 232761 1372882 14 24004 14 77325 1532700 15912031 16 49908 8 9 9.36853 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799 12.46756 13.02104 13.57948 14.16397 14.77565 15.41571 16.00535 16.78584 17.57851 18.28471 19.08585 19.92341 20.79990 9 10 1046221 10 94972 11.46388 12.00611 1257789 13.18079 1381645 1448656 15 19293 15.93742 16 72201 1754874 18.41975 19.33730 20 30372 21.32147 22.39311 23 52131 24.70886 25.95868 10 11 1156683 12 16872 12 80780 1348635 14 20679 14.97164 1578360 16.64549 1756029 1853117 1956143 20.65458 2181432 23 04452 24 34928 25 73290 27 19994 29 75514 30 40355 32 1504211 12 12.68250 13.41209 14.19203 15.02581 15.91713 16.86994 17.88845 18.97713 20.14072 21.38428 2271319 24.13313 25.65018 27.27075 29.00167 30.85017 32.82393 34.93107 37.180221 39.58050 12 13 13 80933 1468033 1561779 1662684 17 71298 18 88214 2014064 21.49530 2295338 2452271 2621161 28 02911 2999470 32 08865 31.35197 36 78620 39 10399 4221866 4521146 18.49660 13 14 14.94742 15.97394 17.00632 18 29191 19.59063 21.01507 22.55049 2421492 26.01919 27.97498 30.09492 32.39260 34.86271 37.53107 40.50471 43.67199 47.102571 50.01002 54.64091 59. 19592 14 15 16.09690 17.29342 18.59891 2002359 2157856 23.27597 25.12902 27 15211 29 36092 31.77248 3440536 37.27971 40.41746 43.84241 4758041 51.65951 56 11013 6096527 66.26058 72.03511 15 16 17 25785 1863929 20.15688 21 82453 23 65749 2567253 27 88805 30 32428 33 00340 35 94973 39 18995 42.75328 46 67173 50 94035 55 71747 609250G 66 64895 7293901 79 850211 87.44213 16 17 18.43044 20.01207 21.76159 23.69751 25.84037 28.21289 30.84022 33.75023 36.97370 40.54470 44.50084 48.88367 53.73905 59.11760) 6507509 71.67305 78.97915 87.06804 96.02175 105.93056 17 18 19 61175 2141231 23.114142564511 28 13238 3090565 33 99903 37.45024 4130131 1559917 5039591 55 74971 6172514 68 39407 75 83836 84 140721 9310561 103 74028 115 26598 128 11667 18 19 20.01090 22.84056 25.11607 27.67123 30.53900 33.75999 37.37696 41.44626 46.01846 51.15909 56.93949 63.43968 70.74941 78.96923 08.21181 98.60323 110.23456 123.41353 138. 16640 154.7400019 20 22.019002429737 26.87037 29.77808 33 06595 36.78559| 40.99549 45.7619 51.16012 57.27500 6420283 72.05244 80.94683 91.02493 102 44368 115.37975 130.03294 146 62797 165.41802 186.68800 20 25 18 24320 32 03030 3645926 41 64591 47 72710 54 86451 63 24904 73 10694 8470040 98 34706 11441331 133 32387 155 61956 181 87093 21279307 249 21400 292 10486 342 60349 402 04249 47198108 25 30 34.78489 40.56808 47.57542 56.08494 65.43985 79.05819 94.46079 113.26321 136.30754 164.49402199.02088 241.33268 293.19922 356.78685 434.74515 530.31173 647.43912 790.94799 966.71217] 1,181.88157 30 35 166028 1999148 6016206 73 65222 9032031 111.13478138 23628 17231680 215 71075 27102437 31158965 131 66350 516 69082 69357270 88117016 1,120 71295 1126 49102 181665161 2,31421372 2918 34115 298 35 40 40.08637 60.40190 75.40126 95.02552 120.79977 154.76 197 199.63611 259.05652 337 08245 442.59256 581.02607 767.09142 1,013.70424 1,342.02510 1,779 09031 2,360.75724 3.134.52194 4.163 21303 5,529.628987,343.85784 40 45 56.48107 71.89271 92.71986|121.02939 159.70016212.74351285.74931 386.50662 525 85873 718.90484 986 638561,358.23003 1,874.16463 2.590.56480 3,585 12846 4,965.27391 6,879.29065 9,531.57711 13,203.42423 18,281 30894 45 50 64.46316 6457940 112.79687 15266706209 34800 2903359040652893 573.77016815.083561,163.908531663.771152,400.01825 3,459.50712 4,994.52135 7217 71628 10,435.64877 15,089.50167 21 813 09367 31515 33633 45,497 19075 50 60 31.66967 114.05154 163.05344 237.99069353.58372533.12818|813.52038 1,253.21330 1.944.792133.034.816404.755.06584 7.471.6411111,761.9497918,535.1332829.219.9916446,057.50853/2,565.03813114,189.66648 179,494.58379281,73257171 60 Periods 1% 2% 3% 4% 5% 6% 8% 9% 10% 11% 12% 13% % 14% 15% 16% 17% 18% % 19% 20% Perio Print Done - X Future Value of an Annuity Due 10.77201 Future Value of an Annuity Due Periods 1% 2nd 3% 4% 5 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Perle 1 1.01000 102000 1.03000 1.04000 1.05000 106000 1.07000 1.08000 1.09000 1.100001 1.11000 1.120001 1.13000 1.14000 1.15000 1.16000 1.17000 1.18000 1.19000 1.20000 1 2 2.03010 206040 2.09090 2.12160 2.15250 2.18360 221490 2 24540 2.278101 2.31000 2.342101 2.37440 2.40690 2.43950 2.47250 2.50560 2.538901 2.57240 2.60610 2640002 3 308040 3 12161 3.18363 324646 331013 337462 343994 350611 3.573131 3.64100 3.70973 3.77933 3.84990 392114 3 993381 406650 4 14051 4.21543 429126 436800 3 4.10101 420404 4.30914 4.41632 452563 463709 4.75074 486560 4.98471 5.10510 5.22780 5.35285 5.48027 5.61010 5.74238 5.877141 6.014401 6.15421 6.29660 6.441601 4 5 5.15202 530912 5.46841 5.63298 5.80191 5.97532 6.15329 6.33593 6.523331 6.71561 6.91296 7.11519 7.32271 7.53552 7.75874 7.977481 8.206051 8.44197 8.68295 9.92992 5 6 6.21354 6.43428 6.66246 6.89829 7.14201 739384 766402 7 92280 8.20043 8.487171 8.78327 9.08901 9.40456 9.730491 10.06680 10.41387 11.14152 11.52271 11.915901 6 7 7.26567 758297 7.89234 8.21423 8.54911 9.39747 9 25990 9.63663 10.02847 10.43509 10.85943 11.29959 11.757261 12.232761 12.72602 13.24009 13.773251 14.32700 14.90203 15.49900 7 8 836853875163 915911 958280 10 02656 1049132 10 97799 1118756 12 0210M 12 5798 13 16397 1377566 14.11571 15 085361 15 78584 16518511 17 29471 18 08585 18 92311 1979890 8 9 9.46221| 9.94972 10.46386 11.005 11 11.57789 12. 18079 12.81645 13.48556 14.19293 14.19293 14.93742 15.72201 16.54874 17.41975 18.33730 19.30372| 20.321471 21.39311 22.52131 23.70886 24.95863 9 10 10.56683 11 16972 11 80780 12.48635 13 20679 13 97164 1478360 1564549 1656029 1753117 1856143 19.65458 20.81432 22.04452 23.34928 2472290 26.19994 27.75514 29 40355 31 1504210 11 11.68250 1241209 13.19203 14.02581 14.91713 15.86994 16.88845 17.97713 19.14072 20.38428 21.71319 23.13313 24.65018 26.27075 28.00167 29.850171 31.82390 33.93107 36.18022 38.58050 11 12 12 80933 13 68033 14.61779 15.62694 16.7129817 88214 19.14064 2049530 21.95338 23.52271 2049530 21.95338 23.52271 2521154 2702911 28.994701 31.09865 23.35192 35.78620 35 38.40399 41.21886 44 24446 47.4966011 13 13.94742 14.97394 16.08532 17.29191 18.55863 20.01507 2155049 23 21492 25.01919 26.97498 29.09492 31.39260 33.88271 36,58107 39.50471 42.6/199 46.10267 49.81802 53.84091 58.1959213 14 15.09690 16.29042 17.59891 19.02359 20.57856) 22.27597 24.12902 25.15211 28.36092 30.77248 33.40536 36.27971 39.41746) 42 84241 46.500411 50.65951 55.11013 59.96527 65 26060 71,03511 12 15 16 25786|1763924 19 15689 2082453 2265749 2467253 2688805 29 32428 32 00310 34 91973 38 18945 41 75328 15 67173 19 98035 54 71747 59 92503 66 618851 71 939011 78 850/21 8644213 15 16 17.43044 19.01207 20.76159 22.69751 24.84037 27.21289 29.64022 32.75023 35.97370 39.54470 43.50094 43.50094 47.69367 52.73906 56. 11760 64.07509 70.67306 77.97915 36.06004 9502175 104.93058 16 17 18 61475 20-1231 221144 2461571 27 13228 2990565 32 99903 3645121 1030131 1459917 1939594 54.74971 60 72514 67 39407 74 83636 83 11072) 92.40.561 102 74028 11126589 127 11667 11 18 19.81090 21.84056 24.11687 26.67123 29.53900 32.75999 36.37896 40.44526 45.01846 50.15909 55.93949 62.43968 69.74941 77.96923 87 211811 97.60323 109.28456 122.41353 137.16640 153.7400018 19 21.01900 23 29737 25 87037 28.77808 32.06595 3578559 39 99549 44 76196 5016012 5627500 63 20243 71.05244 79.94693 90.02493 101.44358 114 37975 129.03294 14562797 164 41802 185 6880019 20 22.2391924.78332 27.67649 30.95920 34.71925 38.9927343.86518 49.42292 56.76453 63.00250 71.26514 80.69874 91.46992 103.76842 117.81012 133.84051 152 13854 173.02100 196 84744 224 02560 20 25 28.52563 32 67091 37 55304 43 31174 50.11345 58.15638 67 67647 7895442 92.32398 108.19177 126.99877 149 33393 175.85010 207.33274 244.71197 209.08827 341.76263 404 27211 478-43056 566 37730 2: 30 35.132/4 41.3/94449.00268 58.32834 69.760/9 83 80168101.07304 1223458/ 148.5/522 180.94342 220.91317 270.29261 331 31511 406.73701 49995692 615. 16161 75750371 933.31853 1,150.38748 1.418.25788 30 35 42.07608 50.99437 62 27594 76.59601 9483632 110.12067 147.91346 196.10215 235.12472 298.12601 379.16441 403.46312 617.74933 790.67206 1,013.34568 1,300.02706 1.669.99450 2,143.64890 2,753.91433 3530.00937 38 10 1937524 61610027766330 98 82651126 82976|161 0176821360967 279 78104 368 29187 18685181 615 82693 859 14229 1,145 18579 1529.90861 2015.95325 2738 47810 3667 390564,912 59137 658049649 8 812 62911 10 45 57.04589 73.33056 95.50146 125.87057 167.68516122550912305.75176 417 42507 573.18602 790.795321,095.168801,521.21764 2.117.80603 2.953.24387 4.122.89773 5,759.71774 8.048.77006 11,247.26098 15,712.07483 21.937.571934 50 6510781 86 27099116 18077 158 77377 219.81540307 75606434 98595 619 67177 888 441081,280 299381,852 335982,688.02044 3,909 24304 5693.75433 8 300 373721210535258 17 654 71696 2579.45053 37 503 25023 54 596 62890 50 60 82.48637|116.33257 167.94504 24751031 371.26290565.11587 870.46681 1,363.47036 2.119.823423,338.2980355,278.123188,368.2380513,291.0032721,130.0519433,602.9903853,426.7099034,889.39461134,743.80644213,598 55470 338 079 08612 61 Periods 1% 2% 3% 5% 6% 7% 8% 9% 10% 11% 12% % 14% 15% 16% 17% 18% 19% 20% Perle Print Done 1 Present Value of $1 Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470) 0.84746 0.84034 0.83333 1 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 0.70616 0.69444 2 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.59342 0.57870 3 4 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 0.49867 0.48225 4 5 095147 090573 0 86261 082193 0 78353 074726 071299 068058 064993 062092 0 59345 0 56743 054276 051937 0.49718 0.47611 0.45611 0.43711 0.41905 0.40188 5 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 059627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 0.38984 0.37043 0.35214 0.33490 6 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 0.29592 0.27908 7 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 0.24867 0.23257 8 9 091434 083676 0 76642 070259 064461 0 59190 054393 050025 0.46043 042410 0 39092 0 36061 033288 0 30751 O 28426 0 26295 0 24340 0 22546 0 208970 19381 9 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 0.20804 0.19106 0.17560 0.16151 10 11 0.89632 0.80426 0.72242 0.61958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.26070 0.23662 0.21494 0.19542 0.17781 0.16192 0.14757 0.13459 11 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.23071 0 20756 0.18691 0.16846 0.15197 0.13722 0.12400 0.11216 12 13 087866 0 77303 068095 060057 053032 0 46884 041496 0 36770 0 32618 0 28966 0 25751 0 22917 0 20416 0 18207 0.16253 0 14523 0.129890 11629 0.10421 009346 13 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.11102 0.09855 0.08757 0.07789 14 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 0.07359 0.06491 15 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 0.06184 0.05409 16 17 084438 071416 0.60502 051337 0.43630 0.37136 0 31657 0 27027 0 231070 19784 0 16963 0.14564 0.12522 0 10780 0.09293 0.08021 0.06932 0.05998 0.05196 0.04507 17 18 0.83602 070016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 021199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 0.05083 0.04367 0.03756 18 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 0.08295 0.07027 0.05961 0.05064 0.04308 0.03670 0.03130 19 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 0.03084 0.02608 20 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.233000 18425 0.14602 011597 0.09230 0.07361 0.05882 0.04710 0.03779 0.03038 0.02447 0.01974 0.01596 0.01292 0.01048 25 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.02557 001963 0.01510 0.01165 0.00900 0.00697 0.00541 0.00421 30 35 0.70591 0.50003 0.35538 0.25342 0.18129 0.13011 0.09366 0.06763 0.04899 0.03558 0.02592 0.01894 0.01388 0.01019 0.00751 0.00555 0.00411 0.00305 0.00227 0.00169 35 40 0.67165 0.45289 0.30656 0.20829 0.14205 0.09722 0.06678 0.04603 0.03184 0.02209 0.01538 0.01075 0.00753 0.00529 0.00373 0.00264 0.00187 0.00133 0.00095 0.00068 40 45 0.63905 0.41020 0.26444 0.17120 0.11130 0.07265 0.04761 0.03133 0.02069 0.01372 0.00913 0.00610 0.00409 0.00275 0.00186 0.00126 0.00085 0.00058 0.00040 0.00027 45 50 0.60804 0.37153 0 22811 0.14071 0.08720 0.05429 0.03395 0.02132 0.01345 0.00852 0.00542 0.00346 0.00222 0.00143 0.00092 0.00060 0.00039 0.00025 0.00017 0.00011 50 60 0.55045 0.30478 0.16973 0.09506 0.05354 0.03031 0.01726 0.00988 0.00568 0.00328 0.00191 0.00111 0.00065 0.00039 0.00023 0.00014 0.00008 0.00005 0.00003 0.00002 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Print Done Present Value of an Ordinary Annuity - Present Value of an Ordinary Annuity Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 0.84034 0.83333 1 2 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.66810 1.64666 1.62571 1.60523 1.58521 1.56564 1.54650 1.52778 2 3 2.94099 2.88388 2.82861 2.77509 2.72325 2.67301 2.62432 2.57710 2.53129 2.48685 2.44371 2.40183 2.36115 2.32163 2.28323 2.24589 220958 2.17427 2.13992 2. 10648 3 4 4 3.90197 3 80773 371710 362990 354595 346511 3 38721 331213 3 23972 3.16987 3.10245 303735 2 97447 291371 285498 279818 274324 269006 263859 2 58873 4 5 4.85343 4.71346 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.51723 3.43308 3.35216 3.27429 3.19935 3.12717 3.05763 2.99061 5 6 5.79548 5.60143 5.41719 5.24214 5.07569 4.91732 4.76654 4.62288 4.48692 4.35526 4.23054 4.11141 3.99755 3.88867 3.78448 3.68474 3.58918 3.49760 3.40978 3.32551 ) 6 7 6.72819 6.47199 6 23028 6 00205 578637 558238 538929 5 20637 503295 4 868424712204.56376 4.42261 428830 4.16042 403857 392238 3.81153 3 70570 360459 7 8 8 7.65168 7.32548 7.01969 6.73274 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.79877) 4.63886 4.48732 4.343594.20716 4.07757 3.95437 3.83716 8 9 9 8.56602 8.16224 7.78611 7.43533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 5.13166 4.94637 4.77158 4.60654 4.45057 4.30302 4.16333 4.03097 9 10 9.47130 898259 853020 8 11090 7.72173 7360097 02358 6 71008 6.417666.14457 588923 565022 5 42624 5 21612 501877 483323 4.65860 4 49409 433893 4. 19247 10 11 10.36763 9.78685 9.25262 8.76048 8.30641 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.68694 5.45273 5.23371 5.02864 4.83641 4.65601 4.48650 4.32706 11 12 11.25508 10.57534 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.91765 5.66029 5.42062 5.19711 4.98839 4.79322 4.61050 4.43922 12 13 12. 13374 11.34837 1063496 9.98565 9.39357 8.85268 8 35765 7.90378 7.48690 7. 10336 6.74987 6.42355 6.121815.84236 558315 5 34233 5 11828 4.90951 4.71471 453268 13 14 13.00370 12.10625 11.29607 10.56312 9.89864 9.294988.74547 8.24424 7.78615 7.36669 6.98187 6.62817 6.302496.00207 5.72448 5.46753 522930 5.00806 4.80228 461057 14 15 13.86505 12.84926 11.93794 11.11839 10.37966 9.71225 9.10791 8.55948 8.06069 7.60608 7.19087 6.81086 6.46238 6.14217 5.84737 5.57546 5.32419 5.09158 4.87586 4.67547 15 16 14.71787 13.57771 12.56110 11.65230 10.83777 10.10590) 9.44665 8.85137 8.31256 7.82371 7.37916) 6.97399 6.60388 6.26506 5.95423 5.66850 5.40529 5.16235 4.93770 4.72956 16 17 1556225 14 29187 13.16612 12. 16567 11.2740710.47726 9.76322 9.12164 8.54363 8.02155 754879 7.11963 6.72909 6 37286 6.04716 574870 5.47461 5.22233 4.98966 4.77463 17 18 16.39827 14.99203 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189 8.75563 8.20141 7.701627.24967 6.83991 6.46742 6.12797 5.81785 5.53385 5.27316 5.03333 4.81219 18 19 17.22601 15.67846 14.32380 13.1339412.08532 11.15812 10.33560 9.60360 8.95011 8.36492 7.83929 736578 6.93797 6.55037 6.19823 5.87746 5.58449 5.31624 5.07003 4.84350 19 20 18.04555 16 35143 14.87747 13 590331246221 11.46992 10 59401 981815 9.12855 8.51356 7.96333 7.46944 7.02475 6.62313 6 25933 5.92884 562777 5 35275 5.10086 486958 20 25 22.02316 19.52346 17.41315 15.6220814.0939412.7833611.65358 10.67478 9.82258 9.07704 0.42174 7.84314 7.32998 6.87293 6.46415 6.09709 5.76623 5.46691 5.19515 4.94759 25 30 25.80771 22.39646 19.60044 17 29203 15.3724513.76483 12.40904 11.25778 10.27365 9.42691 8.69379 8.05518 7.49565 7.00266 6.56598 6.17720 5.82939 551681 5.23466 4.97894 30 35 29.40858 24 99862 21.48722 18 66461 16 3741914 49825 12 94767 11.65457 1056682 9.64416 8 85524 8 17550758557 7.07005 6.61661 6 21534 585820 553862 5 25122 4 99154 35 40 32.83469 27 35548 23.11477 19.79277 17.1590915.04630 13.33171 11.92461 10.75736 9.77905 8.95105 8.24378 7.63438 7.10504 6.64178 6.23350 5.87133 5.54815 5.25815 4.99660 40 45 36.09451 29.4901624.51871 20.72004 17.7740715.45583 13.60552 12. 10840 10.881209.86281 9.00791 8.28252 7.660867.12322 6.65429 6.24214 5.87733 5.55232 5.26106 4.99863 45 50 39 19612 31 42361 25 72976 21 48218 18 25593 15 7618613 80075 12 23348 10.96168 991481 904165 8 30450 7.67524 7.13266 666051 6 24626 5 88006 555414 5 26228 4 99945 50 60 44.95504 34.76089 27.67556 22.6234918.9292916.16143 14.03918 12 37655 11.04799 9.96716 9.07356 8.32405 7.68728 7.140116.66515 6.24915 5.88188 5.55529 5.26300 4.99991 60 1% 1 2% 3% 4% 4 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Periods Print Done Present Value of an Annuity Due Present Value of an Annuity Due Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 1.00000 100000 1.00000 100000 1.00000 100000 1.00000 100000 1.00000 100000 1.000000 1.00000 100000 1.00000 100000 100000 100000 1.000000 100000 1.00000 1 2 1.99010 1.98039 1.97087 1.96154 1.95238 1.94340 1.93458 1.92593 1.91743 1.90909 1.90090 1.89286 1.88196 1.87719 1.96957 1.86207 1.85470 1.84746 1.84034 1.83333 2 3 2.97040 2.94156 2.91347 2.88609 2.85941 2.83339 2.80802 2.78326 2.75911 2.73554 2.71252 2.69005 2.66810 264666 2.62571 2.60523 2.58521 2.56564 2.54650 2.52778 3 4 394099 388388 382861 377509 372325 367301 362432 357710 353129 3.48685 3.44371340183 336115 332163 328323 3 245893 20958 3.17427 313992 3 10648 4 5 4.90197 4.80773 471710 4.62990 4.54595 4.46511 438721 431213 4.23972 4.16987 4.10245 4.03735 3.97447 3.91371 3.85498 3.79818 3.74324 3.69006 3.63859 3.58873 5 6 5.85343 5.71346 5.57971 5.45182 5.32948 5.21236 5.10020 4.99271 4.88965 4.79079 4.69590 4.60478 4.51723 4.43308 4.35216 4.27429 4.19935 4.12717 4.05763 3.99061 6 7 6.79548 6.60143 6.41719 6.24214 6.07569 5.91732 5.76654 5.62288 5.48592 5.35526 5.23054 5.11141 4.99755 4.88867 4.78448 4.68474 4.58918 4.49760 4.40978 4.32551 7 8 772819 7.47199 7 23028 700205 678637 658238 638929620637 603295 5 86842 571220556376 5.42261 5288305 16042 5 03857 492238 481153 4 70570 460459 8 9 8.65168 8.32548 8.01969 7.73274 7.46321 7.20979 6.97130 6.74664 6.53482 6.33493 6.14612 5.96764 5.79877 5.63886 5.48732 5.34359 5.20716 5.07757 4.95437 4.83716 9 10 9.56602 9.16224 8.78611 8.43533 8.10782 7.801697.51523 7.24689 6.99525 6.75902 6.53705 6.32825 6.13166 5.94637 5.771585.60654 5.45057 5.30302 5.16333 5.03097 10 11 10.47130 9.98259 9.53020 9.11090 8.72173 8.36009 8.02358 7.71008 7.41766 7.14457 6.88923 6.65022 6.42624 621612 6.01877 5.83323 5.65860 5.49409 5.33893 5.19247 11 12 11.36763 10.78685 10 25262 9.76048 9.30641 888687 8.49867 8 13896 780519 7.495067 20652 6 93770 6.68694 6.45273 6 23371 6 02864 5 83641 565601 5.48650 5 32706 12 13 12.25508 11.57534 10.95400 10.38507 9.86325 9.38384 8.94269 8.53608 8.16073 7.813697.49236 7.19437 6.91765 6.66029 6.42062 6.19711 5.98839 5.79322 5.61050 5.43922 13 14 13.13374 12.34837 11.63496 10.98565 10.39357 9.85268 9.35765 8.90378 8.48690 8.10336 7.749877.42365 7.12181 6.84236 6.58315 6.34233 6.11828 5.90951 5.71471 5.53268 14 15 14.00370 13.10625 12 29607 11.56312 10.89864 10.29498) 9.74547 9.24424 8.78615 8.36669 7.98187 7.62817 7.30249 7.00207 6.72448 6.46753 6.22930 6.00806 5.80228 5.61057 15 16 14.86505 13.84926 12.93794 12.11839 11.37966 10.71225 10.10791 9.55948 9.06069 860608 8.19087 781086 7.46238 7. 14217 6.84737 657546 632419 6.09158 587586 567547 16 17 15.71787 14.57771 13.56110 12.65230 11.83777 11.10590 10.44665 9.85137 9.31256 8.82371 0.37916 7.97399 7.60388 7.26506 6.95423 6.66850 6.40529 6.16235 5.93770 5.72956 17 18 16.5622515.29187 14.16612 13.16567 12.27407 11.47726 10.76322 10.12164 9.54363 9.02155 8.54879 8.11963 7.72909 7.37286 7.04716 6.74870 6.47461 6.22233 5.98966 5.77463 18 19 17 39827 15.99203 14.75351 13.659301268959 11.82760 11.05909 10.37189 9.75563 9.20141 8.70162 8 24967 7.83991 7.46742 7.12797 6.81785 653385 6.27316 603333 5.81219 19 20 18.2260116.67846 15.32380 14.13394 13.08532 12.15812 11.33560 10.60360 9.95011 9.36492 8.83929 8.36578 7.93797 7.55037 7. 19823 6.87746 658449 6.31624 6.07003 5.84350 20 25 22.24339 19.91393 17.93554 16.24696 14.79864 13.55036 12.46933 11.52876 10.70661 9.98474 9.34814 8.78432 8.28288 7.83514 7.43377 7.07263 6.74649 6.45095 6.18223 5.93710 25 30 26.06579 22.84438 20.18845 17.9837116.14107 14.59072 13.27767 12.15841 11.19828 10.36961 9.65011 9.02181 8.47009 7.98304 755088 7.16565 6.82039 6.50983) 6.22924 5.97472 30 35 2970267 25 4985922 13184 19.4112017 19290 15 3681413 85401 1258693 1151784 10 60857 9.82932 9.15656 857170 805985 760910 7 20979 685409 6 53557 6 24895 598984 35 40 33.16303 27.90259 23.80822 20.58448 1801704 15.94907 14.26493 12 87858 11.72552 10.75696 993567 9.23303862684 8.09975 763805 7.23086 6.86946 6.54682 6.25720 5.99592 40 45 36.4554530.07996 25.25427 21.54884 18.66277 16.38318 14.55791 13.07707 11.86051 10.84909 9.99878 9.27642 8.65678 8.12047 7.65244 7.240896.87647 6.55174 6.26066 5.99836 45 50 39.58808 32.05208 26.50166 22.34147 19.16872 16.70757 14.76680 13.21216 11.94823 10.90630 10.03624 9.30104 8.67302 8.13123 7.65959 7.24566 6.87967 6.55389 6.26211 5.99934 50 60 45 40459 35 45610 28 50583 2352843 19 87575 17 1311115 02192 13 36668 12 0423110963871007165 9 32294 868663 8 13972 7 66492 7 24902 6 88180 655524 626297 5 99989 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods Print Done