TABLE 1 Future Value of $1 FV = $1(1 + i)" 20.0% 1.20000 1.44000 ni 1.0% 1 1.01000 2 1.02010 3 1.03030 4 1.04060 5 1.05101 1.5% 1.01500 1.03022 1.04568 1.06136 1.07728 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 1.02000 1.02500 1.03000 1.03500 1.04000 1.04500 1.05000 1.05500 1.04040 1.05063 1.06090 1.07123 1.08160 1.09203 1.10250 1.11303 1.06121 1.07689 1.09273 1.10872 1.12486 1.14117 1.15763 1.17424 1.08243 1.10381 1.12551 1.14752 1.16986 1.19252 1.21551 1.23882 1.10408 1.13141 1.15927 1.18769 1.21665 1.24618 1.27628 1.30696 6.0% 1.06000 1.12360 1.19102 1.26248 1.33823 7.0% 1.07000 1.14490 1.22504 1.31080 1.40255 8.0% 1.08000 1.16640 1.25971 1.36049 1.46933 9.0% 10.0% 1.09000 1.10000 1.18810 1.21000 1.29503133100 1.41158 1.46410 1.53862 1.61051 11.0% 1.11000 1.23210 1.36763 1.51807 1.68506 12.0% 1.12000 1.25440 1.40493 1.57352 1.76234 2.07360 2.48832 2.98598 3.58318 6 7 8 9 10 1.06152 1.09344 1.12616 1.15969 1.19405 1.22926 1.26532 1.07214 1.10984 1.14869 1.18869 1.22987 1.27228 1.31593 1.08286 1.12649 1.17166 1.21840 1.26677 1.31681 1.36857 1.09369 1.143391.19509 1.24886 1.30477 1.36290 1.42331 1.10462 1.16054 1.21899 1.28008 1.34392 1.41060 1.48024 1.30226 1.34010 1.36086 1.40710 1.42210 1.47746 1.48610 1.55133 1.55297 1.62889 1.37884 1.41852 1.45468 1.50363 1.53469 1.59385 1.619091.68948 1.70814 1.79085 1.50073 1.60578 1.71819 1.83846 1.96715 1.58687 1.71382 1.85093 1.99900 2.15892 1.67710 1.82804 1.99256 2.17189 2.36736 1.77156 1.87041 1.948722.07616 2.143592.30454 2.35795 2.55804 2.59374 2.83942 1.97382 2.21068 2.47596 2.77308 3.10585 4.29982 5.15978 6.19174 11 12 13 14 15 1.11567 1.17795 1.12683 1.19562 1.13809 1.21355 1.14947 1.23176 1.16097 1.25023 1.24337 1.26824 1.29361 1.31948 1.34587 1.31209 1.38423 1.34489 1.42576 1.37851 1.46853 1.41297 1.51259 1.44830 1.55797 1.45997 1.53945 1.51107 1.60103 1.56396 1.66507 1.61869 1.73168 1.67535 1.80094 1.62285 1.71034 1.69588 1.79586 1.77220 1.88565 1.85194 1.97993 1.93528 2.07893 1.80209 1.89830 1.90121 2.01220 2.00577 2.13293 2.116092.26090 2.23248 2.39656 2.104852.33164 2.25219 2.51817 2.40985 2.71962 2.57853 2.93719 2.759033.17217 2.58043 2.81266 3.06580 3.34173 3.64248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.49845 3.88328 4.31044 4.78459 3.47855 3.89598 4.36349 4.88711 5.47357 7.43008 8.91610 10.69932 12.83918 15.40702 18.48843 16 1.17258 1.26899 17 1.18430 1.28802 18 1.19615 1.30734 19 1.20811 1.32695 20 1.22019 1.34686 1.37279 1.48451 1.60471 1.73399 1.40024 1.52162 1.65285 1.79468 1.42825 1.55966 1.70243 1.85749 1.45681 1.59865 1.75351 1.92250 1.48595 1.63862 1.80611 1.98979 1.87298 2.02237 2.18287 2.35526 1.94790 2.11338 2.29202 2.48480 2.02582 2.20848 2.40662 2.62147 2.10685 2.30786 2.52695 2.76565 2.19112 2.41171 2.65330 291776 2.54035 2.69277 2.85434 3.02560 3.20714 2.95216 3.42594 3.15882 3.70002 3.379933.99602 3.61653 4.31570 3.869684.66096 3.970314.59497 4.32763 5.05447 4.71712 5.55992 5.14166 6.11591 5.60441 6.72750 5.31089 5.89509 6.54355 7.26334 8.06231 6.13039 6.86604 7.68997 8.61276 9.64629 22.18611 26.62333 31.94800 38 33760 21 1.23239 25 1.28243 30 1.34785 40 1.48886 1.36706 1.51567 1.67958 1.86029 2.05943 2.27877 2.52024 2.78596 3.07823 3.39956 1.45095 1.64061 1.85394 2.09378 2.36324 2.66584 3.00543 3.38635 3.813394.29187 1.56308 1.81136 2.09757 2.42726 2.80679 3.24340 3.74532 4.32194 4.98395 5.74349 1.81402 2.20804 2.68506 3.26204 3.95926 4.80102 5.81636 7.03999 8.51331 10.28572 4.14056 5.03383 6.10881 7.40025 8.94917 10.80385 46.00512 5.427436.84848 8.62308 10.83471 13.58546 17.00006 95.39622 7.61226 10.06266 13.26768 17.44940 22.89230 29.95992 237.37631 14.97446 21.72452 31.40942 45.25926 65.0008793.05097 1469.77160 TABLE 2 Present Value of $1 $1 PV (1+i)" n 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 0.0% 10.0% 11.0% 12.0% 20.0% 1 2 3 0 .99010 0.98522 0.98039 0.98030 0.97066 0.96117 0.97059 0.95632 0.94232 0.97561 0.97087 0.95181 0.94260 0.92860 0.91514 0.96618 0.96154 0.95694 0.95238 0.94787 0.94340 0.93458 0.93351 0.92456 0.91573 0.90703 0.89845 0.89000 0.87344 0.90194 0.88900 0.87630 0.86384 0.85161 0.83962 0.81630 0.92593 0.85734 0.79383 0.91743 0.909090.90090 0.89286 0.83333 0.84168 0.82645 0.81162 0.79719 0.69444 0.77218 0.75131 0.73119 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 5 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 7 0.93272 0.90103 0.87056 8 0.92348 0.88771 0.85349 9 0.91434 0.87459 0.83676 10 0.90529 0.86167 0.82035 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 0.84127 0.81309 0.78599 0.75992 0.73483 0.71068 0.68744 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.27908 0.82075 0.78941 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 0.80073 0.76642 0.73373 0.70259 0.67290 0.64461 0.61763 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.19381 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.16151 11 0.89632 0.84893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.58468 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.63940 0.60057 0.56427 0.53032 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.55491 0.52679 0.52598 0.49697 0.49856 0.46884 0.47257 0.44230 0.44793 0.41727 0.475090.42888 0.38753 0.35049 0.31728 0.28748 0.13459 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.11216 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.09346 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.07789 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.06491 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 17 0.84438 0.77639 0.71416 0.65720 0.60502 0.55720 18 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 19 0.82774 0.75361 0.68643 0.62553 0.57029 0.52016 20 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.53391 0.49447 0.45811 0.42458 0.39365 0.33873 0.29189 0.25187 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 0.23107 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.25025 0.21199 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.45639 0.41464 0.37689 0.34273 0.31180 0.25842 0.21455 0.17843 0.21763 0.18829 0.16312 0.05409 0.19784 0.16963 0.14564 0.04507 0.17986 0.15282 0.13004 0.03756 0.16351 0.13768 0.11611 0.03130 0.14864 0.12403 0.10367 0.02608 21 24 25 28 29 0.81143 0.73150 0.78757 0.69954 0.77977 0.68921 0.75684 0.65910 0.74934 0.64936 0.65978 0.59539 0.53755 0.48557 0.62172 0.55288 0.49193 0.43796 0.60953 0.53939 0.47761 0.42315 0.57437 0.50088 0.43708 0.38165 0.56311 0.48866 0.42435 0.36875 0.43883 0.39679 0.39012 0.34770 0.37512 0.33273 0.33348 0.29157 0.32065 0.27902 0.35894 0.32486 0.31007 0.27666 0.29530 0.26223 0.25509 0.22332 0.24295 0.21168 0.29416 0.24151 0.24698 0.19715 0.233000.18425 0.19563 0.15040 0.18456 0.14056 0.19866 0.16370 0.13513 0.11174 0.09256 0.02174 0.15770 0.12640 0.10153 0.08170 0.06588 0.01258 0.14602 0.11597 0.09230 0.07361 0.05882 0.01048 0.11591 0.08955 0.06934 0.05382 0.04187 0.00607 0.10733 0.08215 0.06304 0.04849 0.03738 0.00506 30 0.74192 0.63976 0.55207 0.47674 0.41199 0.35628 31 0.73458 0.63031 0.54125 0.46511 0.39999 0.34423 40 0.67165 0.55126 0.45289 0.37243 0.30656 0.25257 0.30832 0.26700 0.23138 0.29646 0.25550 0.22036 0.208290.17193 0.14205 0.20064 0.17411 0.13137 0.09938 0.19018 0.16425 0.12277 0.09202 0.11746 0.09722 0.06678 0.04603 0.07537 0.05731 0.069150.05210 0.03184 0.02209 0.04368 0.03338 0.00421 0.03935 0.02980 0.00351 0.01538 0.01075 0.00068 TABLE 3 Future Value of an Ordinary Annuity of $1 FVA= (1+1)"-1 11.0% 12.0% 1.0000 1.0000 20.0% 1.0000 2.2000 W 1 2 3 4 5 1.0% 1.0000 2.0100 3.0301 4.0604 5.1010 1.5% 1.0000 2.0150 3.0452 4.0909 5.1523 2.0% 1.0000 2.0200 3.0604 4.1216 5.2040 2.5% 10000 2.0250 3.0756 4.1525 5.2563 3.0% 3.5% 10000 1.0000 2.0300 2.0350 3.0909 3.1062 4.1836 4.2149 5.30915.3625 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 0.0% 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.00001.0000 1.0000 2.0400 2.0450 2.0500 2.0550 2.0600 2.0700 3.1216 3.13703.15253.1680 3.1836 3.21493.2464 3.2781 3.3100 4.2465 4.2782 4.3101 4.34234.3746 4.4399 4.5061 4.5731 4.6410 5.41635.47075.5256 5.5811 5.63715.75075.8666 5.98476.1051 3.6400 3.3421 4.7097 6.2278 3.3744 4.7793 6.3528 5.3680 7.4416 9.9299 6 7 6.1520 7.2135 6.2296 7.3230 6.3081 7.4343 6.3877 7.5474 6.4684 7.6625 6.5502 7.7794 6.6330 7.8983 6.7169 8.0192 12.9159 8 9 10 8.2857 8.4328 8.5830 9.3685 9.55939.7546 10.4622 10.7027 10.9497 8.7361 9.9545 11.2034 8.8923 10.1591 11.4639 16.4991 9.0517 10.3685 11.7314 9.2142 10.5828 12.0061 6.80196.88816.9753 7.1533 8.1420 8.2669 8 .3938 8.6540 9.5491 9.7216 9.8975 10.2598 11.0266 11.2563 11.491311.9780 12.577912.8754 13.1808 13.8164 9.3800 10.8021 12.2882 7.33597.5233 8.9228 9 .2004 10.6366 11.0285 12.4876 13.0210 14.4866 15.1929 7.7156 7.9129 9.4872 9.7833 11.435911.8594 13.5795 14.1640 15.9374 16.7220 8.1152 10.0890 12.2997 14.7757 17.5487 20.7989 25.9587 11 12 13 14 15 11.5668 12.6825 13.8093 14.9474 16.0969 11.8633 12.1687 12.4835 12.8078 13.1420 13.0412 13.4121 13.7956 14.1920 14.6020 14.2368 14.6803 15.1404 15.6178 16.1130 15.4504 15.9739 16.5190 17.0863 17.6770 16.6821 17.2934 179319 18.5989 19.2957 13.4864 13.8412 14.2068 15.0258 15.4640 15.9171 16.6268 17.1599 17.7130 18.291918.932119.5986 20.0236 20.7841 21.5786 14.5835 16.3856 18.2868 20.2926 22.4087 14.9716 16.8699 18.8821 21.0151 23.2760 15.7836 17.8885 20.1406 22.5505 25.1290 16.6455 18.9771 21.4953 24.2149 27.1521 17.5603 18.5312 20.1407 21.3843 22.9534 24.5227 26.0192 27.9750 29.360931.7725 19.5614 22.7132 26.2116 30.0949 34.4054 20.6546 24.1331 28.0291 32.3926 37.2797 32.1504 39.5805 48.4966 59.1959 72.0351 16 17.2579 17.9324 18.639319.380220.1569 20.9710 21.8245 22.7193 17 18.4304 19.2014 20.0121 20.8647 21.7616 22.7050 23.6975 24.7417 18 19.6147 20.4894 21.4123 22.3863 23.4144 24.4997 25.6454 26.8551 19 20.8109 21.7967 22.8406 23.9460 25.1169 26.3572 27.671229.0636 20 22.0190 23.1237 24.2974 25.5447 26.8704 28.2797 29.7781 31.3714 23.6575 25.8404 28.1324 30.5390 33.0660 24.6411 26.9964 29.4812 32.1027 34.8683 25.6725 27.8881 28.212930.8402 30.9057 33.9990 33.7600 37.3790 36.7856 40.9955 30.3243 33.0034 33.7502 36.9737 37.450241.3013 41.4463 46.0185 45.7620 51.1601 35.9497 39.189942.7533 40.5447 44.5008 48.8837 45.599250.395955.7497 51.1591 56.9395 63.4397 57.2750 64.2028 72.0524 8 7.4421 105.9306 128.1167 154.7400 186.6880 21 23.2392 30 34.7849 40 48.8864 24.4705 25.7833 27.1833 28.676530.2695 31.9692 33.7831 37.5387 40.5681 43.9027 47.5754 51.6227 56.084961.0071 54.2679 60.4020 67.4026 75.4013 84.5503 95.0255 107.0303 35.7193 66.4388 120.7998 37.7861 72.4355 136.6056 39.9927 44.8652 50.4229 56.7645 79.058294.4608 113.2832 136.3075 154.7620 199.6351 259.0565 337.8824 64.0025 164.4940 442.5926 72.2651 81.6987 199.0209 241.3327 581.8261 767.0914 225.0256 1181.8816 7343.8578 TABLE 4 Present Value of an Ordinary Annuity of $1 1- (1+ PVA wi 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 0.0% 0.0% 11.0% 12.0% 20.0% 1 2 3 4 5 0.99010 1.97040 2.94099 3.90197 4.85343 0.98522 1.95588 2.91220 3.85438 4.78264 0.980390.97561 0.97087 1.94156 1.927421.91347 2.88388 2.85602 2.82861 3.80773 3.76197 3.71710 4.71346 4.64583 4.57971 0.96618 0.96154 0.95694 0.95238 1.899691.886091.872671.85941 2.80164 2.77509 2.74896 2.72325 3.67308 3.62990 3.58753 3.54595 4.51505 4.45182 4.38998 4.32948 0.94787 1.84632 2.69793 3.50515 4.27028 0.94340 0.93458 1.83339 1.80802 2.67301 2.62432 3.465113.38721 4.21236 4.10020 0.92593 1.78326 2.57710 3.31213 3.99271 0.91743 1.75911 2.53129 3.23972 3.88965 0.90909 1.73554 2.48685 3.16987 3.79079 0.90090 0.89286 0.83333 1.71252 1.69005 1.52778 2.44371 2.40183 2.10648 3.10245 3.03735 2.58873 3.69590 3.60478 2.99061 6 7 8 9 10 5.79548 6.72819 7.65168 8.56602 9.47130 5.69719 6.59821 7.48593 8.36052 9.22218 5.60143 6.47199 7.32548 8.16224 8.98259 5.508135.41719 6.349396.23028 7.170147.01969 7.970877.78611 8.75206 8.53020 5.32855 5.24214 5.15787 5.07569 4.99553 4.91732 4.76654 4.62288 6.11454 6.00205 5.89270 5.78637 5.68297 5.58238 5.389295.20637 6.87396 6.73274 6.595896.46321 6.33457 6.209795.97130 5.74664 7.607697.435337.26879 7.10782 6.952206.801696.515236.24689 8.31661 8.11090 7.91272 7.721737.537637.360097.02358 6.71008 4.48592 4.35526 4.23054 4.11141 3.32551 5.03295 4.86842 4.71220 4.56376 3.60459 5.53482 5.33493 5.14612 4.96764 3.83716 5.99525 5.759025 .53705 5.32825 4.03097 6.41766 6.14457 5.88923 5.65022 4.19247 8.30641 8.09254 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 4.32706 11 12 13 14 15 10.36763 11.25508 12.13374 13.00370 13.86505 10.07112 10.90751 11.73153 12.54338 13.34323 9.78685 10.57534 11.34837 12.10625 12.84926 9.51421 10.25776 10.98319 11.69091 12.38138 9.252629.00155 9.95400 9.66333 10.63496 10.30274 11.29607 10.92052 11.93794 11.51741 8.76048 9.38507 9.98565 10.56312 11.11839 8.52892 9.11858 9.68285 10.22283 10.73955 8.86325 9.39357 9.89864 10.37966 8.61852 9.11708 9.58965 10.03758 8.38384 7.942697.53608 8.85268 8.35765 7.90378 9.294988.745478.24424 9.71225 9.10791 8.55948 7.160736.81369 6.49236 6.19437 4.43922 7.48690 7.10336 6.74987 6.42355 4.53268 7.78615 7.36669 6.98187 6.62817 4.61057 8.06069 7.60608 7.19087 6.81086 4.67547 16 14.71787 17 15.56225 18 16.39827 19 17.22601 20 18.04555 14.13126 14.90765 15.67256 16.42617 17.16864 13.57771 13.05500 14.29187 13.71220 14.99203 14.35336 15.67846 14.97889 16.35143 15.58916 12.56110 12.09412 11.65230 13.16612 12.65132 12.16567 13.75351 13.18968 12.65930 14.32380 13.70984 13.13394 14.87747 14.21240 13.59033 11.23402 11.70719 12.15999 12.59329 13.00794 10.83777 10.46216 11.27407 10.86461 11.68959 11.24607 12.08532 11.60765 12.46221 11.95038 10.10590 10.47726 10.82760 11.15812 11.46992 9.446658.85137 8.31256 7.82371 9.76322 9.12164 8.54363 8.02155 10.059099.371898.75563 8.20141 10.33560 9.60360 8.95011 8.36492 10.59401 9.81815 9.12855 8.51356 7.37916 6,97399 4.72956 7.54879 7.11963 4.77463 7.70162 7.24967 4.81219 7.839297.36578 4.84350 7.96333 7.46944 4.86958 21 18.85698 25 22.02316 30 25.80771 40 32.83469 17.90014 17.01121 20.71961 19.52346 24.01584 22.39646 29.91585 27.35548 16.18455 18.42438 20.93029 25.10278 15.41502 17.41315 19.60044 23.11477 14.69797 16.48151 18.39205 21.35507 14.02916 13.40472 12.82115 15.62208 14.82821 14.09394 17.29203 16.28889 15.37245 19.79277 18.40158 17.15909 12.27524 13.41393 14.53375 16.04612 11.76408 12.78336 13.76483 15.04630 10.83553 10.01680 11.65358 10.67478 12.40904 11.25778 13.33171 11.92461 9.29224 8.64869 8.07507 7.56200 4.89132 9.82258 9.07704 8.42174 7.84314 4.94759 10.273659.42691 8.69379 8.05518 4.97894 10.75736 9.77905 8.95105 8.24378 4.99660 TABLE 5 Future Value of an Annuity Due of $1 FVAD EVAD - ((1+1) - 1 x (1+i) ] wi 1 1.0% 1.0100 2.0301 3.0604 4.1010 5.1520 1.5% 1.0150 2.0452 3.0909 4.1523 5.2296 2.0% 1.0200 2.0604 3.1216 4.2040 5.3081 2.5% 1.0250 2.0756 3.1525 4.2563 5.3877 3.0% 1.0300 2.0909 3.1836 4.3091 5.4684 3.5% 4.0% 1.0350 1.0400 2.1062 2.1216 3.21493.2465 4.3625 4.4163 5.5502 5.6330 4.5% 5.0% 1.0450 1.0500 2.1370 2.1525 3.2782 3.3101 4.4707 4.5256 5.71695.8019 5.5% 1.0550 2.1680 3.3423 4.5811 5.8881 6.0% 7.0% 8.0% 0.0% 1.0600 1.0700 1.0800 1.0900 2.1836 2.2149 2.2464 2.2781 3.3746 3.4399 3.5061 3.5731 4.6371 4.7507 4.8666 4.9847 5.97536.15336.33596.5233 0.0% 1.1000 2.3100 3.6410 5.1051 6.7156 11.0% 12.0% 1.1100 1.1200 2.3421 2.3744 3.7097 3.7793 5.2278 5.3528 6.91297.1152 20.0% 1.2000 2.6400 4.3680 6.4416 3 4 5 8.9299 6 7 8 9 10 6.2135 7.2857 8.3685 9.4622 10.5668 6.3230 6.4343 6.5474 6.6625 6.7794 7.4328 7.5830 7.7361 7.89238.0517 8.5593 8.7546 8.9545 9.1591 9.3685 9.7027 9.9497 10.2034 10.4639 10.7314 10.8633 11.1687 11.4835 11.807812.1420 6.89837.01927.1420 8.2142 8.3800 8.5491 9.5828 9.8021 10.0266 11.0061 11.2882 11.5779 12.4864 12.8412 13.2068 7.2669 8.7216 10.2563 11.8754 13.5835 7.3938 7.6540 8.8975 9.2598 10.4913 10.9780 12.1808 12.8164 13.971614.7836 7.9228 8.2004 9.6366 10.0285 11.4876 12.0210 13.4866 14.1929 15.645516.5603 8.4872 10.4359 12.5795 14.9374 17.5312 8.7833 10.8594 13.1640 15.7220 18.5614 9.0890 11.2997 13.7757 16.5487 19.6546 11.9159 15.4991 19.7989 24.9587 31.1504 11 12 13 14 15 11.6825 12.0412 12.8093 13.2368 13.9474 14.4504 15.0969 15.6821 16.2579 16.9324 12.4121 13.6803 14.9739 16.2934 17.6393 12.7956 14.1404 15.5190 16.9319 18.3802 13.1920 13.6020 14.6178 15.1130 16.0863 16.6770 17.5989 18.2957 19.1569 19.9710 14.0258 14.4640 15.6268 16.1599 17.291917.9321 19.0236 19.7841 20.8245 21.7193 14.9171 16.7130 18.5986 20.5786 22.6575 15.3856 17.2868 19.2926 21.4087 23.6411 15.869916.8885 17.8821 19.1406 20.0151 21.5505 22.2760 24.1290 24.6725 26.8881 17.9771 20.4953 23.2149 26.1521 29.3243 19.1407 21.9534 25.0192 28.3609 32.0034 20.3843 23.5227 26.9750 30.7725 34.9497 21.7132 25.2116 29.0949 33.4054 38.1899 23.1331 27.0291 31.3926 36.2797 41.7533 38.5805 47.4966 58.1959 71.0351 86.4421 16 17.4304 17 18.6147 18 19.8109 19 21.0190 20 22.2392 18.2014 19.0121 19.8647 20.7616 21.7050 22.6975 19.4894 20.4123 21.3863 22.4144 23.4997 24.6454 20.7967 21.8406 22.9460 24.1169 25.3572 26.6712 22.1237 23.2974 24.5447 25.8704 27.2797 28.7781 23.4705 24.7833 26.1833 27.6765 29.2695 30.9692 23.7417 25.8551 28.0636 30.3714 32.7831 24.8404 27.1324 29.5390 32.0660 34.7193 25.9964 27.2129 29.840232.7502 28.481229.9057 32.9990 36.4502 31.1027 32.760036.3790 40.4463 33.8683 35.7856 39.9955 44.7620 36.7861 38.9927 43.8652 49.4229 35.9737 40.3013 45.0185 50.1601 55.7645 39.5447 43.5008 47.8837 44.599249.395954.7497 50.1591 55.9395 62.4397 56.2750 63.2028 71.0524 63.0025 71.2651 80.6987 104.9306 127.1167 153.7400 185.6880 224.0256 21 23.4716 24.8376 26.2990 27.8629 29.5368 31.328933.2480 25 28.5256 30.5140 32.670935.0117 37.5530 40.3131 43.3117 30 35.1327 38.1018 41.379445.000349.0027 53.4295 58.3283 40 49.3752 55.0819 61.6100 69.0876 77.6633 87.5095 98.8265 35.3034 46.5706 63.7524 111.8467 37.5052 39.8643 42.3923 48.0057 50.1135 53.9660 58.1564 67.6765 69.7608 76.4194 83.8017 101.0730 126.8398 144.1189 164.0477 213.6096 54.4568 61.8733 70.4027 80.2143 91.5026 270.0307 78.9544 92.3240 108.1818 126.9988 149.3339 566.3773 122.3459 148.5752 180.9434 220.9132 270.2926 1418.2579 279.7810 368.2919 486.8518 645.8269859.1424 8812.6294 TABLE 6 Present Value of an Annuity Due of $1 11- (1+" (1+i) PVAD = wi 1 2 1.0% 1.00000 1.99010 1.5% 1.00000 1.98522 2.0% 1.00000 1.98039 2.5% 1.00000 1.97561 3.0% 1.00000 1.97087 3.5% 1.00000 1.96618 4.0% 1.00000 1.96154 4.5% 5.0% 1.00000 1.00000 1.956941.95238 5.5% 6.0% 1.00000 1.00000 1.94787194340 7.0% 8.0% 1.00000 1.00000 1.934581.92593 0.0% 1.00000 1.91743 0.0% 1.00000 1.90909 11.0% 1.00000 1.90090 12.0% 1.00000 1.89286 20.0% 1.00000 1.83333 3 4 5 2.97040 3.94099 4.90197 2.95588 3.91220 4.85438 2.94156 3.88388 4.80773 2.92742 3.85602 4.76197 2.91347 3.82861 4.71710 2.899692.886092.87267 3.80164 3.775093.74896 4.67308 4.62990 4.58753 2.85941 3.72325 4.54595 2.84632 3.69793 4.50515 2.833392.80802 3.67301 3.62432 4.46511 4.38721 2.78326 2.75911 3.57710 3.53129 4.312134.23972 2.73554 2.71252 2.69005 3.48685 3.44371 3.40183 4.16987 4.10245 4.03735 2.52778 3.10648 3.58873 8 9 10 5.853435.78264 5.71346 5.64583 5.57971 5.51505 5.45182 6.79548 6.697196.60143 6.50813 6.417196.32855 6.24214 7.728197.59821 7.471997.349397.23028 7.11454 7.00205 8.65168 8.48593 8.32548 8.17014 8.01969 7.87396 7.73274 9.56602 9.36052 9.16224 8.97087 8.78611 8.607698.43533 5.38998 5.32948 6.157876.07569 6.89270 6.78637 7.595897.46321 8.26879 8.10782 5.27028 5.99553 6.68297 7.33457 7.95220 5.21236 5.10020 4.99271 4.88965 5.91732 5.76654 5.62288 5.48592 6.58238 6.389296.20637 6.03295 7.209796.97130 6.74664 6.53482 7.801697.51523 7.246896.99525 4.79079 4.69590 4.60478 3.99061 5.35526 5.23054 5.11141 4.32551 5.868425.71220 5.56376 4.60459 6.33493 6.14612 5.96764 4.83716 6.75902 6.53705 6.32825 5.03097 11 12 13 14 15 10.47130 10.22218 11.36763 11.07112 12.25508 11.90751 13.13374 12.73153 14.00370 13.54338 9.98259 9.752069.53020 10.78685 10.51421 10.25262 11.57534 11.25776 10.95400 12.34837 11.98318 11.63496 13.10625 12.69091 12.29607 9.31661 10.00155 10.66333 11.30274 11.92052 9.110908.91272 9.76048 9.52892 10.38507 10.11858 10.98565 10.68285 11.56312 11.22283 8.72173 9.30641 9.86325 10.39357 10.89864 8.53763 9.09254 9.61852 10.11708 10.58965 8.360098.02358 7.71008 8.88687 8.49867 8.13896 9.38384 8.94269 8.53608 9.85268 9.35765 8.90378 10.29498 9.745479.24424 7.41766 7.14457 6.88923 6.650225.19247 7.80519 7.49506 7.20652 6.93770 532706 8.160737.813697.49236 7.19437 5.43922 8.48690 8.10336 7.749877.42355 5.53268 8.78615 8.36669 7.98187 7.62817 5.61057 16 14.86505 14.34323 17 15.71787 15.13126 18 16.56225 15.90765 1917.39827 16.67256 20 18.22601 17.42617 13.84926 14.57771 15.29187 15.99203 16.67846 13.38138 14.05500 14.71220 15.35336 15.97889 12.93794 12.51741 13.56110 13.09412 14.16612 13.65132 14.75351 14.18968 15.32380 14.70984 12.11839 12.65230 13.16567 13.65930 14.13394 11.73955 11.37966 12.2340211.83777 12.70719 12.27407 13.15999 12.68959 13.59329 13.08532 11.03758 10.71225 11.46216 11.10590 11.86461 11.47726 12.24607 11.82760 12.60765 12.15812 10.10791 10.44665 10.76322 11.05909 11.33560 9.55948 9.85137 10.12164 10.37189 10.60360 9.060698.60608 8.19087 7.81086 5.67547 9.31256 8.82371 8.37916 7.97399 5.72956 9.54363 9.02155 8.54879 8.11963 5.77463 9.75563 9.20141 8.70162 8.24967 5.81219 9.95011 9.36492 8.83929 8.36578 5.84350 21 19.04555 18.16864 17.35143 16.58916 25 22.24339 21.03041 19.91393 18.88499 30 26.06579 24.37608 22.84438 21.45355 40 33.16303 30.36458 27.90259 25.73034 15.87747 15.21240 17.93554 17.05837 20.18845 19.03577 23.80822 22.10250 14.59033 14.00794 16.24696 15.49548 17.98371 17.02189 20.58448 19.22966 13.46221 12.95038 14.79864 14.15170 16.14107 15.33310 18.01704 16.92866 12.46992 11.59401 13.55036 12.46933 14.59072 13.27767 15.94907 14.26493 10.81815 11.52876 12.15841 12.87858 10.12855 10.70661 11.19828 11.72552 9.51356 9.98474 10.36961 10.75696 8.96333 8.469445.86958 9.34814 8.78432 5.93710 9.65011 9.02181 5.97472 9.93567 9.23303 5.99592 On April 1, 2021, John Vaughn purchased appliances from the Acme Appliance Company for $500. In order to increase sales, Acme allows customers to pay in installments and will defer any payments for six months. John will make 18 equal monthly payments, beginning October 1, 2021. The annual interest rate implicit in this agreement is 24%. (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: Calculate the monthly payment necessary for John to pay for his purchases. (Do not round intermediate calculations. Round your final answer to nearest whole dollar amount.) Monthly payment