Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.2% * service years * final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2007 and is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $80,000 at the end of 2021 and the company's actuary projects her salary to be $230,000 at retirement. The actuary's discount rate is 6%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. What is the company's projected benefit obligation at the beginning of 2021 (after 14 years' service) with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 2. Estimate by the projected benefits approach the portion of Davenport's annual retirement payments attributable to 2021 service. 3. What is the company's service cost for 2021 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 4. What is the company's interest cost for 2021 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 5. Combine your answers to requirements 1, 3, and 4 to determine the company's projected benefit obligation at the end of 2021 (after 15 years' service) with respect to Davenport (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 1. Project benefit obligation 2. Annual retirement payments 3. Service cost 4. Interest cost 5. Projected benefit obligation TABLE 6 Present Value of an Annuity Due of $1 PVAD (1+1 X (1+1) 1.096 1.54 2.0% 2.595 3.09 3.596 4.596 5.04 5.5% 6.04 7040 3.09 904 10.046 11.04 12.09 20.09 1 100000 100000 100000 100000 100000 100000 100000 100000 1.00000 100000 1.00000 100000 100000 100000 100000 1.00000 100000 1.00000 199010 198522 1.9803997561 197087 1 96618196154 195694 195238 1 94787 1.94340 193458 1.99593 191743 1 90909 190090 189286 1 83333 3 2.97040 2.95588 294156 292743291347 2899092.88609287267 2.859412.84630 283339 280502 2.78336 2.75911 2.73554 2.71252 269005252778 4 394099 391220 3.85388 385602387861330164 3.77509 3745963,72325 369793 367301 36342 357710 353129348685 344371 3.40153 3.10648 5490197 4.85438 480773 4.76197 4.71710 4.67508 462990 4.58753 454595 4.50515 4.46511 438721 4312134.29972 4169874.10245 403735 3.58873 6.85343 7 6.79548 8 773510 9 865160 10 9.56002 5.78264 6.69719 7.59821 $48593 9.36052 5.71346 5.64583 6.60143 6.50813 747199 734939 8.32540 8.17014 916224 3.97087 5.57971 6.41719 723028 8.01909 8.78611 SS1505 5.45182 $38995 5.32945 632855 6.3414 6157876.07569 711454 700205 689270 6.73617 787396 7.73274 759589 50709 3.43532 3.26879 8.10782 5.27035 599553 668297 7.33457 795220 5.21236 5.10020 591732 5.76654 658238 630920 720979 6.97130 780109 7.51523 4.99271 4.88965 4.79079 4.69590 4.60478 3.99061 5 62288 548592535536 523054 511141 432551 620637 603295586542 571220 556376460459 6.74664 6.54402 633493 6.14612 5.96764 433716 724689 6.99525 675902 6.53705 6.32825 5,03097 7.71003 113890 11 10.471.30 10.22218 9.982.59 9.75206 9.53020 9.31661 9.11090 891272 8.72173 333765 $36000 3.02355 12 11.5676) 11.07112 1078655 10.51421 10.25262 10.00155 9.760139528929,30641 9.09254 349367 13 1225508 11.90751 1157534 11 23776 10.95400 1066333 10.32507 10.11558 9.56335961852938384 3.94369 14 19.13374 12.73153 12.34837 11 98378 11.6349 11 30274 1098565 10.68255 10.39357 1011708985268 935765 15 1400370 13.54338 13.10625 12 0091 1229607 1192052 1156312 11 22283 10 1864 1058965 10 29495 9.74547 853001 190378 7.41766 7.14457 6.33923 6.65022 5.19247 750519 7.49506 720052 693770 3.32706 8.16073 781309 749236 719437 543922 843690810336 774987 742355 553268 375815 536609790157 7.62617 561057 16 14.86505 14.84323 13.84926 13.38138 12.93704 12:51741 12.11830 11.73955 11.37966 1103758 10.71225 10.10791 9.55045 9.06.09 6060 3.19087 7.51056 5.67547 17 15.71787 15.131201457771 14.03500 13.50110 13.09412 12.05230 129340211977 1146216 II 10500 1044665 9.851379.31256 13371 1.37916 797399 5.72958 18165622515 90765 15 29187 14712201416612 13.65132 13.16567 12.70719 12.7407 1186461 1147726 10763221012164 9514363200155 8.54879 111963 5.77463 19 1739827 1667258 1599203 15.35136 14.75351 1418968 13.659301 15999 12689591224607 11 52760 1105909 1017189925563920141 8.70162 1.24967 581219 20 11.22001 17.42012 16.67546 1597889 15.330 14.70954 1413394 13.9939 13.08532 12.60105.12.15812 1133560 10.60360 9.95011 9.36492 3929 8.36578 5.84350 21 19.04555 18.16864 17.85143 16.58916 15.87747 15:21340 14.59033 14.00794 13.46221 12.95038 13.46992 11.50401 10.1515 10.12855 0.51356 8.46133 8.46944550958 25 22 24339 2103041 19-91995 18.58499 1793554 1705837 1624396 15 1954 1479864 1415170 13 55036 12 46933 1152876 10 70661 996474934614 878432 593710 30 26.00579 2437608 2284038 214535520.16845 19.03577 1795171 1703189 1614107 153310 1459072 127767 12.15841 1119828 1030961 965011 902181 5.97472 40 3316303 30.36458 27.90259 25.73034 23.30622 22 10250 20.5446 19 22966 1101704 16.92866 1594907 1420495 12.07858 1172552 10.75696993567 9.23503 5.99592 TABLE 5 Future Value of an Annuity Due of $1 FVAD X (1+1) [ [4.*)- 41 8.09 1.09 1.0100 1.5% 10150 10.0% 1.1000 10800 1 2 20301 20452 2.05 2.5% 3.04 3.59 1 0200 10350 10300 10350 2.000+ 2.0756 2.0909 1062 3.12.16 3.1525 3.1836 32149 4.2010 4256343091 43625 5.3081 5.3877 5468455502 4.0% 10400 21216 3.2465 44169 5.6330 23100 4.59 10450 21370 32782 44902 57169 5.04 10500 2.1525 33101 45256 58019 6.09 10600 2.1830 3.3746 46371 7.016 10700 2.2149 3.4999 47507 6153) 10550 2.1680 3.3423 45811 5.8881 9.0% 1 0900 2.2781 35731 49547 6.5333 20.09 1.2000 26100 43650 11.0% 11100 2.3421 3.7097 5.2278 6.9129 12.04. 1.1.200 2.3744 3.7793 5.3528 7.1152 3 3.0004 30909 4.1010 4.152) 5.15.20 4 3.5061 4.5666 6.3359 3.6410 5.1051 67156 6.4416 89.99 5 52295 5.9759 6 7.0192 1.7833 7 6.2135 6.3330 6.4543 6.5474 6.7794 6.8983 7.2857 74328 7.5830 7.7361 78923 8.0517 52142 8.3685 8.5599 3.7546 89545 9.1591 9.3685 9.5820 9.4622 9.7027 9.9497 10.2034 104639 10.7314 11.0061 5668 10.8633 111687 114335 11 8078 12 1420 124864 7.9338 9.6366 114176 7.3660 $5491 8.7216 10.0366 10.2563 11 5779 11.8754 13.2068 13.5835 3 7,3935 7.6540 8.8975 9.2598 10:4913 10.9780 121805 12.8164 13.9716 14.7836 3.3800 9.8021 11.2882 123412 10.8594 13.1610 8.2004 5.4572 10.0285 10.4359 12.0210 12.5795 14 19 149374 16. 5603 175312 9.0990 11 2997 13.7757 16.5487 11.9159 15:4991 19.7989 24.9587 31.1501 9 134866 15.7230 10 156155 18.5614 19.6546 23.1331 33.5805 II 116825 12.0412 12.4121 12.756 11.1920 13.0020 14.0258 14.4640 12 12.8093 13.2363 13.6803 14.1404 146178 15.1130 15.6361 16 1599 13 13.9474 14.4504 149739 155190 160663 166770 172919 179321 14 150969 156821 16.2934 169319 175989 18 2957 19 0236 197841 15 16.2579 169324 17.8393 153502 19.1509 19.9710208245 217193 149171 153856 16.7130 17.2568 18.5985 19.2926 20 5786 21.4057 22.6575 236411 15.869 16.888 179771 17.3821 19.1400 204953 20.0151 21.5505 23.2149 22.2760 24.1290 26 1521 246725 26.8681 293243 19.1407 20-3543 21.9534 23.5227 25.0192 26.9750 283609 30 7725 32.004 349497 21.7132 25.2116 29.0949 33.4054 38.1899 27.0291 31.3936 36.2797 47.4966 58.1959 71.0351 86.4421 41.7533 39.5447 104.9306 44.5992 16 17.4804 18.3014 19.012119.8647 20.7616 21.7050 220975 23.7419 17 18.6147 194894204123 21.3863 224144 234997 246454 25-8351 18 19.0109 20.7967 21 6406229460 241109 25.3572266712280636 19 21.0190 22.1237 23.1974 2457 258704 27.2797 28.7781 303714 20 22.2392 23:470524.783326,1833 27.6785 29.2695 39.969232.7831 24.8404 25.9964 27 1124 28.4512 29 5390 311027 32.0000 33.868 34 7193 36.7861 27.2129 29.8402 29.9057 32 9990 32.7600563790 35.7836 39.9955 38.9927 43.8652 32.7502 36.4502 40.4463 44.7620 35.9737 10:3013 45.0155 50.1001 55.7645 43.500 47.8857 49.3959 54.7497 55.939562.4397 03.2008 710524 71 2651 80.6987 1271167 153.700 50.1591 56.2750 63.0035 185.6580 224 0256 21 23.4716 24.8376 26.2990 275529 29.5368 31.3289 33.3480 35.3034 37.5052 39.8643 42.923 48.0057 54.4565 61 87 70.4027 80.2143 91.5026 270.6307 25 28.5256 305140 32.6709 350117 375530 40 3131 433117 46.5706 50 1135 53.9660 58.1564 676765 789541 923240 100 1518 126.9955 1493339 566.3773 30 35.1327 38.1018 41.3794 45.000 49.0027 53.4293 583283 63.7524 19.7608 764194 83.8017 101.0730 122.3459 148.5752 180.9434 220.9132 270,2926 1418.2579 40 49.3752 55 0819 616100 69.0876 77.6633 875095 98 8365 111.8467 1268398 1441189 1640477 213,6096 279.7810 368.2919 486.8518 645,8260859 1424 8812.6294 TABLE 4 Present Value of an ordinary Annuity of $1 1- PVA 1 M 1.046 1.596 2.0% 2.546 30096 3.59 6.0% 7.046 8.046 1 0.99010 0.98522 0.97561 0.92593 2 197040 2.94099 390197 485343 195588 291220 385615 478264 3 0.980.39 194156 288355 3.80773 4.71346 1.92742 2.85602 3.76197 464583 097057 191347 2.32861 3.71710 457971 4,096 4.596 5.04 5.54 0.90154 095094 095238 0.94787 1.88609 187267 185941 184632 2.77509 2.74896 2.72325 2.69793 3.6.2990 3.58753 3.54595 3.S0S15 438998 432948 427028 0.90015 1.89969 2.80164 3.67908 4.5150 0.94340 1.83339 2.67301 3.46511 4.21236 0.93458 1 80802 262432 3.38721 4.10020 9.046 10.6% 11.046 12.0% 20.0% 091745 090909090090 0.89236 0.83333 1.75911 1.73554 171252 169005 1.52778 2.53129 2.48685 244371 240183 2.10545 3.23972 3.16937 3.10245 3.08735 2.58873 3.88965 3.79079 3.69590 3.60478 2.99061 1.78326 257710 331213 399271 4 5 5.69719 3.50313 5.24214 5.15787 5.07569 4.91732 5.60143 647199 6.1939 5.58238 6 5.79545 76.72819 87.65168 9856602 10 9.47130 6.59821 7.48593 5.41719 623028 701969 7.73611 8.53030 533855 811454 6.87396 760769 8.31661 6.00205 6.73274 743533 111090 7.17014 7.97057 8.75206 589270 5.78637 6.595896.46321 726879 7.10782 791272 7.72173 4.99553 5.08297 633457 695220 753763 4.62288 5.20037 5.74664 6.24689 4.76654 535929 597130 651523 702358 8.36052 4.48592 4.35536 4.23054 4.11141 3.32551 3.00295 486542 471230 456376 3.60459 5.53482 5.33493 5.14612 4.96764 3.83716 599525575902 $53705 5.32825403097 6.41766 6.14457 5.88923 5.65022 419247 0.20979 6.80169 736009 8.16224 8.98259 9.22218 6.71008 11 10.36763 10.07112 9.78685 9.51421 9.25262 9.00155 8.76048 S.52892 830641 3.09254 12 11.25508 10.90751 10.57534 10 25776 995400 9.66333 9.38507 9.11858 886325 5.61852 13 12.13374 1173153 11.34837 10.98319 10 63490 10.30274 9.98565 9.68285 9.39357 911708 14 13.00370 12.54338 12 10625 11 69091 11.29607 1092052 10 56312 10.22283 9.89864 9.58965 15 13.86505 1334323 12.54926 12.38138 1193794 151741 11.11539 10.73955 10.379661003758 7.68687 7.40567 8.383-84 794269 8.85260 8.35705 9.29498874547 9.71225910791 7.13896 753608 790378 8.24424 3.55948 6.80519 6.40506 6206525.09770 4.32706 7.16073 6.81369 6.49236 6.19437 443922 748690710316 6.74987642355 453265 7.78615 736669 698187 662817 461057 306069 760608 7190876.81086467547 16 14.71787 14.13126 13.57771 13.05500 13.56110 12.09412 11.65230 11.23402 10.83777 1046216 10.10590 17 15 56225 14.90765 14.29137 13.71220 13 16612 12 65132 12.16567 11.70719 11 27407 1086461 10.47726 9.76322 18 1639827 15.67256 14.99203 14.35336 13.75351 1318968 12 659301215999 11.68959 11.24607 1082760 1005909 19 1722601 1642617 1567546 14.97889 1433380 13.70984 13.13394 12.39329 1208532 11 60765 11.15812 1033560 20 18.04555 1716864 16.39143 15.58916 1487747 14.21240 13.5903 13.00794 12.46221 11.95038 11 40992 10.89401 8.85137 9.12164 937189 9.60300 981815 8.31256 782371 737916 6.97399 4.72956 8.54363 8.02155 754879711963 477463 875563 8 20141 7.70162 724967481219 95011 5.36492 7839297.36578 4.64350 9.12555 8.51356 796333 740944 486955 21 18.85698 17.90014 17.01121 16.18455 15.41503 14.69797 34.02916 13.40472 12.82115 12.27534 11.76408 10.83553 10.01680 9.29224 8.66808.07507 7.56200 4,89132 25 22.03316 20:71961 19 52346 18 42438 17.4131516:45151 15.62208 14 2821 1409394 13 41393 12.78336 11 65358 10.67471 9.82258. 9.07704 3.42174 784314 4.94759 30 2580771 24.01584 2239646 20 93029 1960014 18 392051729203 16.28889 15 37245 1453375 13.76483 1240904 1125778 10273659.42691 869979 805518497894 40 32.83469 29 91585 2735548 25.10278 23.11477 2135507 19.79277 18.40158 17.15909 16 04612 15.04630 13.33171 1192461 10.75736 9.77905 895105 8.24378499660 TABLE 3 Future Value of an Ordinary Annuity of $1 FVA (1 +1 -1 1.04 1.54 7.04 3.04 20.096 12.04 10000 1 1.0000 10000 2010020150 3.03013.0152 40604 40909 5.1010 3.1523 2 3 2.04 2.5% 3.096 3.596 4.046 10000 10000 10000 10000 10000 20200 2.0250 20300 2.0350 20400 3.000 3.0756 3.0909 3.1062 31216 41216 4152541836 4.2149 4.2465 5.2040 5.2563 3.3091 5.3625 3.4163 4545 10000 20450 3.1370 42783 5.4707 5.04 10000 20500 31525 5.54 10000 20550 3.1680 41423 3.5811 6.09 1.0000 2.0000 3.1836 4.3746 5.6371 10000 20700 32149 4.4399 5.7507 10000 20300 3.2464 45061 31666 9.04 1.0000 2.0900 3.2781 45731 39547 10.0% 10000 2.1000 33100 46410 6.1051 11.046 10000 21100 3.3421 47097 6.2278 2.1200 3.3744 47793 6.3520 1.0000 2.2000 3.6100 5.3680 7.4416 4 43101 5.5256 5 6.8019 6.8851 7.1333 8.6540 6 61520 6.3296 6.30516.3877 6.4654 6.5502 6.6330 7 7213673230 7.4843754747.6625 7.7794 7.8983 8 255784328 SKIO 7361 8.8923 9.0517 9.214 9 9361595593 9.7546 99545 10.1591 10.3685 10 5828 10 10.4632 10 7027 10.9497 11.2034 114619 117314 12.0061 6.7169 8.0193 9.3800 10.5021 12.2002 95491 97216 11.0366 11.2563 12.5779 12.0754 6.9753 1938 9.8975 114913 13.1808 10.2590 11 9780 73159 75238 7.7156 7.9129 9.2004 94872 5.7833 10.6366 110255 11 435911 594 12.4876 110210135795141640 144366 15.1999 15.9374 167220 8.1152 10.0590 12 2997 14.7757 17.5457 9.9199 12.9159 16.4991 20.7989 25.9587 118164 14.9716 15.7836 16.6450 19.03 11.5311 19.5414 20.6546 32.1804 11 11.5648 11.3433 12.1687 12.4835 12.8078 13.1420 18.4864 13.8412 12 12.6825 13.0412 13.4121 13.7956 14.1920 14.6020 15 0258 15.4610 13. 13.095 14230814610) 15.1404 150178 101110 16.6301 12.1999 14 1474 15.4504 159739 16.5190 17016) 17.6770 112919 189321 15 16 0909 16.621 17 2934 199319 185909 19.2957 200236 20.741 21495) 159171 16.1856 12.7110 1820 195930202926 215754 22.4057 16 5699 1821 21 0151 23.2700 1785 201400 225509 251290 201407 22.9534 26.0192 293609 213543 245227 279780 31.7925 227132 26 2116 30 0919 344054 39 5805 48.4900 59. 1959 720351 21.0291 32 1936 372997 24.3149 27 1521 23.6575 35.9497 42.733 87.4421 105.9306 16 17.2579 17.9524 15.6395 19,3502 20.1569 20.9710 21.5245 22.7193 17 18.4304 19.2014 20.0121 20.8647 217616 22.7050 33 6975247417 18 19.6147 204894 214123 22.366) 234144244997 25.6454 265551 19 208109 21.7967276406 239460 25.1169 263572276712 290636 20 220190231237 24.2974 25.5447 268704 28.2797 29 7781 313714 34.6411 26.9964 29:4812 32.1027 148683 25.5404 26.1324 30.5390 330660 25.6725 28 2129 30 9057 33.7600 36 7856 33.7502 374502 30.5402 339990 373790 409955 33.0034 369737 41.3013 460185 51.1601 40547 45.5992 51 1591 57 2750 29.1899 Hoon 50 1959 569395 64.2023 488897 55.7497 634197 72.0524 41.4463 45.7630 1211167 1547400 186,6550 21 23.2592 24.4705 25.7833 27.1833 28.6765 30.2695 31.9693 39.7831 35.7193 37.7561 29.993744.5653 50.4210 56.7645 64.0035 72.2651 81.6987 315.0256 30 34.7849 37.5387 40.568149027 475754 51 6227 560849 61.0021 66.4338 72.4355 79.02944608 113.2832 136 3075 1614940 19902092413327 11818816 40 48.8864 54.2679 00.4020 67 4026 75.4013 345503 95.0255 107.0303 120-7998 136.6056 154.7620 199 6351 259,05653378824 412.5926 581 5261 767 0914 7343.8578 TABLE 2 Present Value of $1 $1 PV = (1 + )" 1.0% 1.596 2.09 2.5% 3.0% 3.596 4.0% 4.59 3.096 5.596 6,0% 7.096 8.096 9,096 10.0% 11.09 12.0% 20.0% 1 099010 0.98522 098039 0.97561 0.97087 096618 0.96154 0.95694 0.95238 0.94787 094340 093458 0.92593 091743 0.90909 0.90090 0.89286 0.83333 2 0.98030 0.97066 0.96117 0.95181 0.94260 093351 092456 0.91573 0.90703 0.89845 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.69444 3 097059 095692 094232 092860 091514 0.90194 0.88900087630 0.86384 0.85161 0.89962 081630 0.79383 0.77218 0.75131 073119 0.71178 0.57870 4 0.96098 0.94218 0.92385 0.90595 0.88849 0.87144 0.85480 0.83856 0.82270 0.80722 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.48225 $ 0.95147 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 0.80245 0.78353 0.76513 0.74726 0.71299 0.68058 0.64993 0.62092 0.59345 0.56743 0.40188 6 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.33490 7 0.93272 090103 087056 084127 0.81309 0.78599 0.75992 0.73483 071068 0.68744 0.66506 0.62275 0.58349 0.54703 0.51316048166 0.45235 0.27908 8 0.92348 0.88771 085349 0.82075 078941 0.75941 0.73069 0.70319 0.67684 0.65160 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.23257 9 091434 0.87459 083676 0.80073 0.76642 0.73373 0.70259 0.67290 064461 061763 0.59190054393 0.50025 0.46043 042410 0.39092 0.36061 0.19381 10 090529 0.86167 082035 0.78120 0.74409 070892 0.67556 0.61393 0.61391 0.58543 055839 050835 0.46319 0.42241 038554 0.35218 0.32197 0.16151 110.89633 0.84893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.58468 0.35491 0.53679 0.4759 0.428880.38753 035049 0.31728 0.28748 0.13459 12 088745 0.83639 0.78849 0.74356 0.70138 066178 0.62460 0.58966 0.55684 0.52598 0.49897 0.44401039711 035553 031863 0.28584 0.25668 011216 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.639-40 0.60057 0.56427 0.53032 0.49856 0.46884 041496 0.36770 0.32618 028966 025751 0.22917 0.09346 14 086996 0.81185 0.75788 0.70773 066112 061778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.07789 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.44793 041727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.06491 16 0.85282 0.78503 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 0.45811 0.42458 0.39365 0.33873 0.29189 0.25187 0.21763 0.15829 0.16312 0.05409 17 0.34438 077639 0.71416 0.65720 0.60502 0.55720 0.51397 0.47318 0.43630 0.40245 0.37136 031657 0.27027 0.23107 0.19734 0.16963 0.14564 0.04507 18 0.83602 0.76491 0.70016 0.64117 058739 053836 0.49363 0.45280 041552 038147 035034 0.29586 0.25025 0.21199 0.17986 015282 0.13004 0.03756 19 082774 0.75361 0.68643 062553 0.57029 0 52016 047464 0.43330039573 036158 033051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 003130 20 081954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 031180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.02608 21 0.81143 0.731.50 0.65978 0.89539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.29416 0.24151 0.19866 0.16370 0.13513 0.11174 0.09256 0.02174 24 078757 0.69954 0.62172 0.55288 0.49193 0.43796 0 39012 0.34770 0.31007 0.27666 024698 0.19715 0.15770 0 12610 0.10153 0.08170 0.06588 0.01258 25 0.77977 0.68921 0.609530.53919 0.47761 042315 037512 0.33273 0.29530 0.26223 0.233000.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.01048 28 0.75684 0.65910 0.57437 0.0088 0.43708 0.38165 033348 0.29157 0.25509 0.22332 0.19563 0.15040 0.11591 0.08955 0.06934 0.05382 0.04187 0.00607 29 0.74934 061936 0.56311 0.48866 0.42435 0.36875 0.32065 0.27902 0.24295 0.21168 0.18456 0.14056 0.10733 0.08215 0.06304 0.04849 0.03738 0.00506 30 0.74192 0.61976 0.55207 0.47674 0.41199 0.35628 0.30832 0.26700 0.23138 0.20064 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.00421 31 0.73458 0.63031 0.54125 0.46511 0.39999 0.34423 0.29646 0.255500-22036 0.19018 0.16425 0.12277 0.09202 0.06915 0.05210 0.03935 0.02980 0.00351 40 0.67165 0.55126 0.45289 0,37243 0.30656 0.25257 0.208290.17193 0.14205 0.11746 0.09722 0.06678 0.04603 0.03184 0.02209 001538 0.01075 0.00068 TABLE I Future Value of $1 FV - $1(1+1) 3.05 11.04 111000 ni 1.096 1.596 2.09 2.5% 30% 1.596 4046 4.596 5.0% 5.55 1 101000 101500 1.02000 1.02500 103000 1.03500 104000 104500 105000 105500 2 102010 1.03022 1.04040 105063 106090 1.07123 108160 1.09203 110250 111303 3 1.03030 104568 1.06121 107689 109273 110872 112486 114117 115763 1.17424 4 104060 106136 1.08243 110381 112551 1.14752 1.16986 119252 121551 123882 5 1.05101 1.07728 1.10108 113141 15927 1.18769 121665 124615 127628 130696 6.0% 1.06000 1.12360 1.19100 126248 133823 7.0% 1,07000 1.14490 1.22504 1.08000 1.16640 1.25971 136019 1.46933 9.046 10.045 109000 1.10000 1.18810121000 1 29503 133100 141158 146110 1.53862 161051 12.09 1. 12000 1.25440 1.40493 20.0% 1.20000 1.44000 1.72800 1.23210 136763 151807 168506 157352 207360 1.31080 1.40255 1.76234 248832 1 58687 1.67710 1.77156 1.87041 207616 298598 3.58318 6 106152 1.09344 112616 1.15969119405 1.22926 1.26532 130226 134010 137884 7 1.07214 110984 114869 18869 122987 1.27228 131593 136086 140710 1.45468 8 1.08286 112649 1.17166 1.21840 1.26677 1.31681 1.56857 1.42210 147746 1.53469 9 1.09369 114399 1.19509 12486 130477 136290 1.42331 1.45610 1.55133 161909 10 110462 1.16054 121899 1.28008 1.34392 141060 1.48024 155297 1 62889 170814 141852 1.50363 159385 1.68945 1.79085 1.50073 1.60578 1.71819 1.63846 1.96715 171382 1.85093 1.99900 2.15892 4.29962 1.97382 2.21068 2.47596 2.77308 182804194872 199256 214359 2.17189 235795 236736 259374 230454 2.55804 2.83942 5.15978 6.19174 3.10585 3.47855 7.43008 8.91610 11 111567 1.17795 1.24337 1.91209 1.35423145997 153945 162285 171034 1.80309 12 112683 1.19562 126824 1.34489 142576 151107 1.60103 1.69583 1.79586 1.90121 13 113809 121355 129361137851 146853 1.56996 166507 177220 188565 2.00577 14 114947 1.23176 131948 1 41292 151259 1.61869 1.73168 185194 197993211609 15 116097 1.25023 1.34587 144830 155797 1.67535 1 80094 199528 202893 223245 3.89598 1.89830 2.10485 201220 2.25219 2.13293 240985 226090 2.57853 2196.50 2.25903 3.15176 3.49845 3.88328 2.33164 2.58013 285312 2.51817 2.81266 3.13843 2.71962 306580 3.45227 2.93719 3.4173 3.79750 3.17217364248 417725 436349 488711 5.47357 10.69932 1283918 431044 478459 1540702 2.54035 2.95216 16 117258 1.26899 137279 148451 160471 1.73399 187298 202237 218282 2.35526 17 118430 128802 1440024 1.52162 1.6525 1.29466 194790 2.11333 2.29202 2.48480 18 11965 130734 1.42825 155966 170243 1.85749 202582 220515 240662 262147 19 120811 1.32695 145681 1.59565 1.75351 192250 210685230786 2.52095 2.76545 20 172019 1 3460 1495 163162 1 10011 198979 2.19112 241171 265330 291776 269277 285434 3.02500 320714 3.15882 337999 3.61653 3.00 3.42594 3.97011 4.59497 3.70002 4.32763 505447 399002471712 5.55992 431570 5.14166611591 466096 56041 672750 531019 589509 6.54355 720314 806231 6.13039 6,86604 7.68997 8.61276 9.04029 18.46843 22.18611 26.63333 31 94800 1833700 21 123239 1.36706 151567 1.67958 186029 203943 2.27877 252024 2.78596 307823 3.19956 414056 5.03383 6.101 740025 1917 10.08 16.00512 25 124 145095 1.64061 1.394 209378 2.36324 206554 3.00543 1.386353.81339 542743 6.34548 8.62.108 1084471 13.58546 17 00006 95. 19622 30 134785 15630 181136 209757 242726 2.100793.24340352 4.32194 498395 5.74349 761226 1006366 13.26761 174910 22 9210 29.9599223737631 40 148885 1.81402 220104 2.68500 3.26204 3.9592640102 5.31636 703999 651331 10 28572 14.97446 2173452 3140942 4523926 65.00087 93.05097 1469.77160
