Se 118.000 1.000 16 . p=[1-a+o (1 + i)" li TABLE B.31 Present Value of an Annuity of 1 Rate Periods 1% 2% 5% 8% 9% 10% 12% 15% 1 0.9901 0.9804 0.9709 2 1.9704 1.9416 1.9135 3 29410 2.8839 2.8286 4 3.9020 3.8077 3.7171 5 4.8534 4.7135 4.5797 6 5.7955 5.6014 5.4172 7 6.7282 6.4720 6.2303 8 7.6517 7.3255 7,0197 9 8.5660 8.1622 7.7861 10 9.4713 8.9826 8.5302 11 10.3676 9.7868 9.2526 12 11.2551 10.5753 9.9540 13 12.1337 11.3484 10.6350 14 13.0037 12.1062 11.2961 15 13.8651 12.8493 11.9379 16 14.7179 13.5777 12.5611 17 15.5623 14.2919 13.1661 18 16.3983 14.9920 13.7535 19 17.2260 15.6785 14.3238 20 18.0456 16.3514 14.8775 25 22.0232 19.5235 17.4131 30 25.8077 22.3965 19.6004 35 29.4086 24.9986 21.4872 40 32.8347 27.3555 23.1148 0.9615 1.8861 2.7751 3.6299 4.4518 5.2421 6.0021 6.7327 7.4353 8.1109 8.7605 9.3851 9.9856 10.5631 11.1184 11.6523 12.1657 12.6593 13.1339 13.5903 15.6221 17.2920 18.6646 19.7928 0.9524 1.8594 2.7232 3.5460 4.3295 5.0757 5.7864 6.4632 7.1078 7.7217 8.3064 8.8633 9.3936 9.8986 10.3797 10.8378 11.2741 11.6896 12.0853 12.4622 14.0939 15.3725 16.3742 17.1591 0.9434 1.8334 2.6730 3.4651 4.2124 4.9173 5.5824 6.2098 6.8017 7.3601 7.8869 8.3838 8.8527 9.2950 9.7122 10.1059 10.4773 10.8276 11.1581 11.4699 12.7834 13.7648 14.4982 15.0463 0.9346 1.8080 2.6243 3.3872 4.1002 4.7665 5.3893 5.9713 6.5152 7.0236 7.4987 7.9427 8.3577 8.7455 9.1079 9.4466 9.7632 10.0591 10.3356 10.5940 11.6536 12.4090 12.9477 13.3317 0.9259 1.7833 2.5771 3.3121 3.9927 4.6229 5.2064 5.7466 6.2469 6.7101 7.1390 7.5361 7.9038 8.2442 8.5595 8.8514 9.1216 9.3719 9.6036 9.8181 10.6748 11.2578 11.6546 11.9246 0.9174 1.7591 2.5313 3.2397 3.8897 4.4859 5.0330 5.5348 5.9952 6.4177 6.8052 7.1607 7.4869 7.7862 8.0607 8.3126 8.5436 8.7556 8.9501 9.1285 9.8226 10.2737 10.5668 10.7574 0.9091 0.8929 1.7355 1.6901 2.4869 2.4018 3.1699 3.0373 3.7908 3.6048 4.3553 4.1114 4.8684 4.5638 5.3349 4.9676 5.7590 5.3282 6.1446 5.6502 6.4951 5.9377 6.8137 6.1944 7.1034 6.4235 7.3667 6.6282 7.6061 6.8109 7.8237 6.9740 8.0216 7.1196 8.2014 7.2497 8.3649 7.3658 8.5136 7.4694 9.0770 7.8431 9.4269 8.0552 9.6442 8.1755 9.7791 8.2438 0.8696 1.6257 2.2832 2.8550 3.3522 3.7845 4.1604 4.4873 4.7716 5.0188 5.2337 5.4206 5.5831 5.7245 5.8474 5.9542 6.0472 6.1280 6.1982 6.2593 6.4541 6.5660 6.5166 6.6418 med to calculate the present value of a series of equal payments made at the end of each period. For example: What is the present value of $2.000 per year for 10 years assuming mual interest rate of 96. For (n = 10,1 = 9), the PV factor is 6,4177.52,000 per year for 10 years is the equivalent of $12,835 today ($2,000 x 6A1T). TABLE B.1 Present Value of 1 p=1/(1+ Rate Periods 1% 2% 5% 7% 9 10 15% 2 3 4 5 6 7 8 9 10 11 12. 13 14 15 16 17 18 19 20 25 30 35 40 0.9901 0.9803 0.9706 0.9610 0.9515 0.9420 0.9327 0.9235 0.9143 0.9053 0.8963 0.8874 0.8787 0.8700 0.8613 0.8528 0.8444 0.8360 0.8277 0.8195 0.7798 0.7419 0.7059 0.6717 0.9804 0.9612 0.9423 0.9238 0.9057 0.8880 0.8706 0.8535 0.8368 0.8203 0.8043 0.7885 0.7730 0.7579 0.7430 0.7284 0.7142 0.7002 0.6864 0.6730 0.6095 0.5521 0.5000 0.4529 0.9709 0.9426 0.9151 0.8885 0.8626 0.8375 0.8131 0.7894 0.7664 0.7441 0.7224 0.7014 0.6810 0.6611 0.5419 0.6232 0.6050 0.5874 0.5703 0.5537 0.4776 0.4120 0.3554 0.3066 0.9615 0.9246 0.8890 0.8548 0.8219 0.7903 0.7599 0.7307 0.7026 0.6756 0.6496 0.6246 0.6006 0.5775 0.5553 0.5339 0.5134 0.4936 0.4746 0.4564 0.3751 0.3083 0.2534 0.2083 0.9524 0.9070 0.8638 0.8227 0.7835 0.7462 0.7107 0.6768 0.6446 0.6139 0.5847 0.5568 0.5303 0.5051 0.4810 0.4581 0.4363 0.4155 0.3957 0.3769 0.2953 0.2314 0.1813 0.1420 0.9434 0.8900 0.8396 0.7921 0.7473 0.7050 0.6651 0.6274 0.5919 0.5584 0.5268 0.4970 0.4688 0.4423 0.4173 0.3936 0.3714 0.3503 0.3305 0.3118 0.2330 0.1741 0.1301 0.0972 0.9346 0.8734 0.8163 0.7629 0.7130 0.6663 0.6227 0.5820 0.5439 0.5083 0.4751 0.4440 0.4150 0.3878 0.3624 0.3387 0.3166 0.2959 0.2765 0.2584 0.1842 0.1314 0.0937 0.0668 0.9259 0.8573 0.7938 0.7350 0.6806 0.6302 0.5835 0.5403 0.5002 0.4632 0.4289 0.3971 0.3677 0.3405 0.3152 0.2919 0.2703 0.2502 0.2317 0.2145 0.1460 0.0994 0.0676 0.0460 0.9174 0.9091 0.8929 0.8696 0.8417 0.8264 0.7972 0.7561 0.7722 0.7513 0.7118 06575 0.7084 0.6830 0.6355 0.5718 0.6499 0.6209 0.5674 0.4972 0.5963 0.5645 0.5066 0.4323 0.5470 0.5132 0.4523 0.3759 0.5019 0.4665 0.4039 0.3269 0.4604 0.4241 0.3600 0.2843 0.4224 0.3855 0.3220 0.2472 0.3875 0.3505 0.2875 0.2149 0.3555 0.3186 0.2567 0.1869 0.3262 0.2897 0.2292 0.1625 0.2992 0.2633 0.2046 0.1413 0.2745 0.2394 0.1827 0.1229 0.2519 0.2176 0.1631 0.1069 0.2311 0.1978 0.1456 0.0929 0.2120 0.1799 0.1300 0.0808 0.1945 0.1635 0.1161 0.0703 0.1784 0.1486 0.1037 0.0611 0.1160 0.0923 0.0588 0.0304 0.0754 0.0573 0.0334 0.0151 0.0490 0.0356 0.0189 0.0075 0.0318 0.0221 0.0107 0.0031 Used to compute the present value of a known future amount. For example: How much would you need to invest today at 106 compounded semiannually to accumulate SSD00 in 6 years from today? Using the factors of = 12 and i = 5(12 semiannual periods and a semiannual rate of st), the factor is 0.5568. You would need to invest 52,784 today (SSDOO X0.5565) HIP Sive & Exit Sub Marshall has received an inheritance and wants to invest a sum of money today that will yield $5.800 at the end of each of the next 10 years. Assuming he can earn an interest rate of 5% compounded annually, how much of his inheritance must he invest today? (PV of $1. FV of $1. PVA of $1 and EVA of 5) (Use appropriate factor(s) from the tables provided) Multiple Choice $58,000.00 $116,000.00 $52.345.00 $44,785 86 $55,100.00