Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Score: 0 of 1 pt 4 of 112 complete HW Score: 18 10% 2 of 11 pts BE7-12 (similar to) Question Help An undergraduate student

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Score: 0 of 1 pt 4 of 112 complete HW Score: 18 10% 2 of 11 pts BE7-12 (similar to) Question Help An undergraduate student decides to make 54,800 deposits in a fand each year over the next four years to accurate enough money to pay for a master program. The fund will cam 7% anual interest.compounded annually the first payment occurs at your and what amount will be in the fund after four years? Da limeline to illustrate the problem Click the icon to the Future Value of Click the icon to view the future of an Ordinary Annuity table (Click on to view the future Value of Annuity Detable) Click the conte Pretales Click the conto the Present Value of an Ordinary Annulable) Click the conto the Presentin Annuity Dube What amount will be in the fund after four years? (Use the present value and future value tables a financial calculatora spreadsheet or the formula method for your calculations using present and the other method, use factor mounts rounded to five decimal places XXOOOO. Round your finale to the nearest cant sxxx) The amount in the fund after 4 years is 401 2 complete) HW Score: 10 Future Value of $1 14 171 tr 19 1.26 141610 Future Value of $1 Periods 1991 28 32 4 5 64 1 34 10% 1010000000 osoof 10000 10000 10000 10000 1000000 15000 15000 2000 1114 2 102010104040106090108160 1.10250 1.12360114490116640 1.18810 121000123210 12500 31.03030106121 1.09273 1.12486 1.15763119102172504 129971 12/603133100 136763 40493 4 040601.08243112551 1.16906 121551 126248 131000 1.38049141156 15410 151607 15735 5 1.061011.104081.15927 121665 127628 133823 140255 146933 153862 161051 160506 1.76234 6 1.061521.126161.19405 1 26532 1.34010141852150073 158687 167710 177156187041 1932 7 1 072141148691 22987 131593 140710150363160570 1.713021828041948722.07616 221068 8 08286|1.17166126677136057 147746 159385 171819 185090199256 214359230454 247596 9 1.093691.19509130477142331 155133168548 183846 199900217189 235795258804277300 10 1.10462 1 21899134392 14802416280917905 195715 2.15092 2.36736 290074 28392 3.10505 11 1.115671243371 38423153945 1.71034 1.09830 2.10485 233164258043 2.85312 315176347855 12 112683126824142576) 160103 179586) 201220 225219251817 2812663133 349845 309598 13 1.138091 29361146853166507 1 88565 2.13293 240905 271962 306500 3.45227 388328 43345 14 1.149471.31548151259 1.73160197993225090257853 2.93719334173 3.79750 431044488711 15 1160971 34587155797180094 207893 239656 2.75903 317217364240417725 478458 547357 2 Period 12000 14032002 1.72800 207304 2.58305 299 6 3583167 113000 127030 144230 163047 184244 208198 2.35261 268844 30004 3.39457 388500 433452 489801 553475 625427 2005 238635 2. 33702 14% TW 1260 169154 160 19054 2.19497 250227 205259 325195 3.70722 42222 481790 5.49241 625135 7.13794 19 16% 100T 132250 134560 15200 15600 1501 181064 201135 210034 231306263646 266000 22022 305500 3517 300 404556 441144 511728 5.35005 5 SO 6.15279 608578 707571 798 8.3700 92 1908 228776 26 310541 3 160161 12 2.15215 256516 300124 351145 41040 480680 562006 658000 7.65064 9.00745 105307 4785 5214 6.17580 728755 85906 1014724 5155789 6 19174 10 760 11 891610 12 6.77061 BON 999545 1141977 1358663 12 13 14 15402215 Print Done 0 Future Value of an ordinary Annuity WC 1942 M 15% WN To 200 14 7.00 21 TO 00012 INST 00012 OC 2200 3600 Pe 500 5 2 15000 34 491 6103 8753 11 137 165 89 Future Value of an Ordinary Anny Per 14 24 5% 64 TY 994 104 11 10000 100000 TOTOO TO TO TOXO 124 1194 101 2 100xd 201000 20000 200000 20000 20000 20000 20000 16000 200000 208000 2. 0000211000 2 12000 213000 2 3.00010 3.06040 3090903.121603152503180321490 3.2600 320 331000 320 JU 4 3 3. 406040 412161 18363424646 43101340524994 457313 464100 47097 47793 { 5 432114 5. 10101 52040450914 541632552563563709575074 5660 5941 61051 6 W 661016 615202630812 6 4681166325680191 697532 715309 73933 7523303 771961 790 811515 351562 7 721354 703420 7662670229 8.14201 8865402 89280 92001 943712 978210 9040404 8 828567858257 888034921423 95911 99740 100 10636601100011 115 116 122908 27573 13 9 936853975463 1015911) 1058280116114913211577991279613001041357981477566 1541571 160515 10 1066221 10 997211463881200611125778 13.18071381645 3:56 15 1909 1910 1672201 17 849975 19.373 11 11.56633 12.16872 12 80780 1343635 1420679 1497154 15.78301664549 17500 18531171956142065456 213102 23 12 1258250 13412051415200 1500581 1591713 1994 1738845 1857713 201407221.342 22713152433133108 13 13.809001468030 1561779 1662684 17712901880214204054 219530229825212621164 280291 29 20 14 14.90742155734 17.06331829191 1953053 21015072255019 2021450201919273730094503238000 34027 5101 7 920 11 7720 1 1824 52150 71501 su 125 7 SA Tu 9509 9 POS 140 175151 21.00 1590 1990 200 21 21901 2279514 340 2449 290055 250 2150 50 20 3001 31300 00011 7800 35719 ST 540 CONTOS er Print Done part rema 0 0 Bell HW Score: 2011 Future Value of an Annuity Due 51 an 120 To 2.500 406050 587714 7 SE 17 TO 2015 14061 2570 2050 6.15400 ty 1. 280010 4250 629600 41 1191 111 Future Value of an Army Dee Periode 194 24 34 44 54 974 10% 11 12 1 10000 10000 1000000 10000 106000 10000 108x T. 110000 100 11.00 2 203010 206040 205090 212160 2.15250 2180 221490 222640 227890 231000 23200 2370 3 306040 312161 3.18363324646 33101 3.374623094 350611 35231 364500 3703 377933 4 4.10101 420404430914 441632 452569453709 4.75074 510610 520000 538285 5 5.15202 5300125.46841 561290510191 597532615325 6.30990 671561 691200 7.11515 6 62135460342 666246690297142011739384765402 78200 82000386371 8.78321 sos 7 720561758297789034821423 854911 869747 9285609630631002847 100 101 112968 8.3859875453 91591195.200 10.026561009132109779911687 1202041257401160913779 9 94622194572 104633 1100611 1157719 1218079 128945 13.8656419000 14937421572201165484 10105668311168721180780 12486351320671397164 14783.0 15.54545 15502 17531165180319 11 116.250 12.4120913.192031400581 549171158699416384917977 19 1021 2042 21705231301 12 12 80933 1368033 146177515625416.712981724 19 14054 20496302196338233321252154 270291 13 13 4742 14973941600632 172191 18.9063 20015072195045 21 21400 250195285920313060 14 15 098901629342175991 1902359 2057858 2227957241290226.15211203090 724 33 327971 11 1 2.000 390 54021 73271 9 400 11 7372 1461571 1741972 2016 2450 2147 332 390174 1544 10X 119000 2.0 241230 35218 30 56 510 75352 775374 9.7304 0060 1221275 127266 1505 1579584 1830730 1932 22044523 290010 33.5150 1330000 1655 8200 10.17201 13 ST 21.01 1979 2779514 29 01 3850 201 31 357 380 5719 46 55100 42 Tan Print Done E Present Value of $1 OL X Pre Pres 104 Per ta Present Value of $1 Periods 14 28 34 4% 5% 6% 794 894 999 119 124 1 0.990100.58009 097087 096154096238 094340 093458 050593 091773090909090090006608319 08771907967 068200570704 m. 1342 15% 169 1/4 19 2 Periode 2 0.98030 096117 094260 0.92456 0.90703 089000087344 085734 0 84168 082545 081162 0.79719 0.78315 076947 075614 074316 073051071818 0706169 3 0.97059 0.94232 0.91514 088900 0.86384 083962 081630 0.79383 0.77218 075131 073119 07178 0.0005 0.674970657520 640.6 0.6203 060863059340057870 2 4 0.96098 0.92385 0.88849 085480 0.82270 0.79209 0.7620073503 0.70643 068301 0.65873 063552 0.61332 05:20 057175 05522505336905157045667 0.48275 3 5 0.95147 0.90573 0.86261 082193 0.78353 0.74726 0.71299 0.68056 064993 062052 05934505674 0.54276 0.51937 049716 047511 045611 043711 04190040182 4 5 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496066634 0.63017 055627 056417053464 0.50663 0.48032 04559 043230 041044 030534 03700 0.35214 03390 6 7 0.93272 0.87056 0.81309 0.75992 0.710580.66506 0.62275 0.58349 054703 051316 0.48168 0.45235 0.42506 039964 0.379940.35383 033320031393 023592027900 7 8 0.92348 0.85349 0.78941 0.73069 067684 0.62741 0.58201 054027 0.50187 046651 0.43393 0.40338 037616 035056 0.32690 0.30503 023478 0286040207 022578 9 0.91434 083676 0.76642 0.70259 064461 0.59190 0.54393 050025 046043 042410039092 0.36061 0.33288 030751 025426 020295 020340 022546020817019381 9 10 0.90529 082035 0.74409 0.67556 0.61391 055835 0 50835 0.46319 042241 030554035218 032197 0 29459 026974 024718 022668 020004 0.19106 0.17560016151 11 0.89632 080428 0.72242 064958 058468 0.52679 047509 0.42886 0.38753 035043031728028748026070 023662 021540.19542 017781 016190 0.54757 0.1345911 12 0.88745 0.78849 0.70138 062460 055684 0.49697 0.44401039711 0.35553 0.31863 020534 025668 0.23071 0 20756 0.18691 0.15846 0151970 1970.124000.1126 12 13 0.87866 0.77303 0.68095 0.60057 0.53032 046884 041496 0.35770032618 020966 025751 022917 020416018207 0.16253 0.14528 0.12909011625010421009546 14 14 0.86996 0.75788 066112 0.57748 0.50507 044230038782034046 029925025333 023199 020462 0.180580 15971 0.13 0.1252001110200905500370 07705 15 0.86139 074301 0641860555260481020.41727036245 0.31524027454 0239390 20900018270 0.15909014010 0.12200 10793 0.0489 OORS 07356006415 Print Done AMS Present Value of an Ordinary Annuity Present Value of an Ordinary Annuity Periods 1% 2% 394 4% 5% 6% 999 9% 102 1 114 12 0.99010 0.90039097087 096154 096238 094340 093458 092590 09177309090909090 0.20 0.881960.7719 06357 08.2000 ATG 04 033366 13% 146 15% 16 118 18% 20% Periods 2 1.97040 1.94156 191347 189609 185941 1.83339 180802 1.78326 175911 1.73554 171252 165005 166810154666 162571 160523 158521 1565641546501527782 3 2 94099 2.88388 282861 2.77509 272325 267301 262432 257710 253129 2.48685 2.44371 240183 235115 232163 2 2023 2245 220956 21702721349210648 4 3.90197 3.80773 3.71710 3.62990 3.54595 346511 3 38721 3.312133239723.16987 3.10245 300739297447291371 285498 279818 274324 269000 263058 25883 3 4 5 485343 4.71346 457971 445182432948 421236 4.10020) 399271 3.89965379079 3.69590 3.604783517233433083352163274293.19905 3.12717 3057632906 5 6 5.79548 560143 5.41719 524214 507569 491732 476654 4.62288 4.48592435526 423054 4.11141) 3.99755 388867 3.78468368474350918 3760340978332551 6 7 6.72819 6.47199 623028 6.00205 578637 5 58238 538929 520637 503295 486842471220456376 442261420830416012403257 392288 381150370570360459 7 8 7.65168732548 701969 6.73274 6.46321 6 20979 597130 5.74664 553482 5 33493 514512496764479677463886 48732 434359 420716407757395437387168 9 856602 8.162247.78611 743533710782 6.80169 651523 624689599625575902553709532025 513166 494637 477158460654 4.45057430300456333 4030979 10 10 9.47130 8.96259 853020 8.11090 7.72173736009702358 671006 641708 6.14457 588923 565022 542624 521512501877483323465860415409 43390 419211 11 11 10.36763 9.78685 925262 876048 8.306417.88687749867 7.13896 680519 649506 620052 5.93770 5.68694545273 523371 502864483641465601 43650 422706 12 12 11.25508 10.57534995400938507 8.86325 83838479426753608 718073 681369649236 6.19637591765 5.66023542063 519711 45880 4790461050 40522 13 13 12.13374 11 34837 1063496 9.98565 939357885268 8.35765790378748690710336 6.74987642355 6.12181564236556315 534233 5.11828 490951 171271453288 14 14 13.00370 12.10625 11 29607 1056312989054929498871547 824247.78615236669 696187 662817 6302496.00207572485457535228305.000084302284605 15 13.86505 12 849261193794 11.11839 10.37966 9.71225 9.10791 8.569488060697606087 190876.81086 646238614217 584737 557545 53041550915843758667545 Print Done Present Value of an Annuity Due Present Value of an Annuity Due Periods 1% 244 3% 4% 5% 799 82 1 994 1024 1.00000 100000 100000 100000 100000 100000 100000 100000 10000 100000 10000000000000000000000000000000000000 124 13% 14% 159 161 1994 21 Periodo 2 1.99010 1.90039 1.97087 196154 195238 1.94340 1.93458 1.92593 191743 190909 190090 189286 1.83496 187719 1.06957106207 185470 181746 184034132 3 2.97040 294156 2.91347 288609 285941 283339 280802 278326 275911 273554 2.71252 2.69005266810 264666 2 62571 260523 2.58521 256564 2546502527183 2 4 3.94099 3.88388 3.82861 3.77509 372325 3.67301 3.62432357710 353129340685344371340183336115 332163 328323 324589320960317427313962 3.10648 5 4.90197 4.80773 4.71710 4.62990454595 446511 438721 431213423972416987 4.10245 40373 39747 391371 3.85498 3.79818 3.74324369006363859 358873 4 5 6 5.85343 5.71346 5.57971 5 45182 532948 5 21236 5.10020 499271 48996479079469590460478 451724.43308435216 4274294.1990 412717 405763399061 6 7 6.79548 6.60143 6.41719 6 24214 607569 591732 576654 567288 548692536526) 523054 5.11141 499754888674.7848468474458918 449780440978432551 7 8 7.72819 7.47199 723028 7.00205 6.78637 6.58238 638929620637 603295 5868425.71220556376542261 528830 5.16042508857490234811534705704804558 9 8.65168 832548 8.01969 773274 746321 7209796.97130674664 653482 6.33493 6.146125967645.79877563886 5.48732 53435952071650775749507483716 9 10 9.56602916224 8.78611 843533 8 10782780169751523724689 699525 6.75902 653705 63282 6.13166 5.94637 5.77158560654 545057530302516333500097 10 11 11 10.471309.98259 953020 9.11090 872173 8360098.02358 7.710007417667.14457 6809236.65022 6.42524621612 601877 583323 565060 545409 5330519047 12. 11 36763 10.7868510 25262 9.76048 9.30641 8.88687849867 8.13896780519 7.496067 20652 693770668694 6.45273 623371 6.02064 563641 565601 548650 532706 12 13 13 1225508 11.57534 10.95400 10.38507986325 9.383848542698536088160737813697492367.19437 6.91765 666029 6.42063 6.19711 558835579322581050 5090 14 13.13374 12 34837 11634961098565 1039357985258 9.357658903788436908.40338 7.749677.42055712181684236 6.58315 634233 6116285909615717155224 14 15 15 14 00370 13.10625 12 29607 11 56312 10.89864 10294989745479 24424876158.38660758187762817730249700207 6.7246487536229306.000 580220 569057 Print Done

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

The Future For Investors

Authors: Jeremy Siegel

1st Edition

140008198X, 978-1400081981

More Books

Students also viewed these Finance questions

Question

What information remains to be obtained?

Answered: 1 week ago

Question

How reliable is this existing information?

Answered: 1 week ago

Question

How appropriate would it be to conduct additional research?

Answered: 1 week ago