Tom Thompson expects to invest $6,000 at 8 % and , at the end of a certain period, receive $15,109. How many years will it be before Thompson receives the payment? (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided Round "Table Factor" to 4 decimal places.) Years Table Factor Present Value Future Value 12 years 6,000 15,109 + an account that earns interest at an annual rate of 8 %, compounded quarterly. The $6,300 plus Mark Welsch deposits $6,300 in earned interest must remain in the account 3 years before it can be withdrawn. How much money will be in the account at the end of 3 years? (PV of $1, EV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Total Accumulation Spiller Corp. plans to issue 8%, 9-year, $550,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is 6 % on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are Based on: n = Cash Flow Table Value Amount Present Value Present (maturity) value Interest (annuity) Total cash proceeds Mark Welsch deposits $6,300 in an account that earns interest at an annual rate of 8 % , compounded quarterly. The $6,300 plus earned interest must remain in the account 3 years before it can be withdrawn. How much money will be in the account at the end of 3 years? (PV of $1, EV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Total Accumulation 6,300 p= 1/(1+i Present Value of 1 Rate Perfods 2 % 1% 3% 4% 5% 7% 8% 9% 10% 12% 15% 0.9901 0.9803 0.9804 0.9612 0.9423 0.9238 0.9057 0.8880 0.8706 0.8535 0.8368 0.9709 0.9426 0.9615 0.9246 0.9524 0.9070 0.9434 0.9346 0.9259 0.9174 0.8417 0.9091 0.8264 0.8929 0.7972 07118 0.6355 0.5674 0.5066 0.4523 0.4039 0.3606 0.8696 0.7561 0.6575 05718 0.8900 0.8396 0.7921 0.7473 0.7050 0.8573 08734 3 0.9706 0.9610 0.9515 0.9420 0.9327 0.9235 0.9143 0.9151 0.8885 0.8626 0.8375 0.8890 0.8548 0.8219 0.7903 0.7599 073 0.7026 06756 0.8638 08227 0.7835 07462 07107 0.6768 0.6446 08163 0.7629 0.7938 0.7350 0.6806 0.6302 0.5835 0.5403 0.5002 0.4632 0.4289 0.3971 0.7722 0.7084 0.7513 0.6830 0.6209 4 5 07130 0.6499 0.4972 6 0.6663 0.5963 0.5645 0.4323 0.3759 7 0.3131 0.7894 0.7664 0.6651 0.6274 0.5919 0.5584 0.5268 0.4970 0.6227 05132 0.5470 8 0.5820 0.5439 0.5083 0.4751 0.5019 0.4665 0.3269 0.4604 0.4241 0.3855 0.3505 0.3186 0.2897 0.2633 0.2843 0.2472 0.2149 10 0.9053 0.8963 0.8203 0.8043 0.7885 0.7730 0.7579 0.7430 0.7441 0.6139 0.5847 0.4224 0.3875 0.3555 0.3262 0.2992 0.2745 0.2519 0.3220 11 0.7224 0.6496 0.2875 0.2567 12 0.8874 0.7014 0.6246 0.6006 0.5775 0.5568 0.4440 0.1869 13 0.8787 08700 0.8613 0.8528 0.8444 0.8360 0.6810 0.5303 0.5051 0.4810 0.4581 0.4363 0.4155 0.3957 0.3769 0.2953 0.2314 0.1813 0.1420 0.4688 0.4150 0.3878 0.3624 0.3677 02292 0.1625 0.1413 0.1229 0.1069 00970 0.080 0.0703 0.061 0.0304 0.0151 00075 0.0037 14 0.6611 0.4423 0.4173 0.3936 0.3405 0.2046 15 0.6419 0.6232 0.6050 0.5874 0.5553 0.3152 0.2919 0.2703 0.2502 0.2394 0.1827 16 0.7284 0.5339 0.3387 0.2176 0.1631 17 0.7142 0.7002 0.6864 0.6730 0.6095 0.5521 0.5000 0.4529 0.5134 0.3714 0.3166 0.2959 0.2765 0.2584 0.1842 0.1314 0.2311 0.1978 0.1456 18 0.4936 0.4746 0.3503 0.3305 0.3118 0.2120 0.1945 0.1784 0.1799 0.1300 0.1161 0.1037 19 0.8277 0.5703 0.2317 0.1635 20 0.8195 0.5537 0.4564 0.2145 0.1486 25 30 35 0.7798 0.4776 0.3751 0.2330 0.1460 0.1160 0.0923 0.0588 0.7419 0.7059 0.6717 0.4120 0.3083 0.1741 0.0994 0.0754 0.0573 0.0334 0.3554 0.2534 0.1301 0.0937 0.0676 0.0460 0.0490 0.0356 0.0189 40 0.3066 0.2083 0.0668 0.0972 0.0318 0.0221 0.0107 Ued to compute the prosent value of a known future amount For aample: How mach would you ned to ivest nday a 10% compounded semiannually to accumlae $5,000 in 6 year fom dy? Using de fatons of a 12 and i5% (12 semiannul periads and a semiannual rae of 5%), the factor is 0.5568. You would need to isest $2,784 today (55000x0.5568 TABLE B.2 f= (1+ i Future Value of 1 Reto 12% 15% 8% 9% 10% 4% 5% 6% 7% 1% 2% 3% Perlods 1.0000 1.1200 1.2544 1.0000 1.1000 1.2100 1.3310 1.0000 1.0900 1.1881 1.2950 1.4116 1.5386 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 0 1.0000 1.0000 1.1500 1.3225 1.5209 1.7490 2.0114 2.3131 2.6600 3.0590 1.0800 1.1664 1.2597 1.3605 1.4693 1.5869 1.7138 1.0500 1.1025 1.1576 10600 1.1236 1.1910 1.2625 1.3382 1.4185 1.5036 1.5938 1.6895 1.7908 1.8983 2.0122 2.1329 2.2609 2.3966 1.0700 1.0100 1.0201 1.0303 1,0406 1.0510 1.0615 1.0200 1.0404 1.0612 1.0824 1.1041 1.0300 1.0400 1 1.1449 1.2250 1.3108 1.0609 1.0927 1.1255 1.1593 1.1941 1.2299 1.2668 1.3048 1.3439 1.3842 1.4258 1.4685 1.5126 1.0816 2 1.4049 1.1249 3 1.5735 1.7623 1.9738 14641 1.1699 1.2167 1.2653 1.3159 1.3686 1.4233 1.4802 1.5395 1.2155 1.2763 4 1.6105 14026 5 1.7716 1.5007 16058 1.7182 1.8385 1.6771 1.3401 1.1262 2.2107 2.4760 2.7731 3.1058 3.4785 3.8960 4.3635 1.9487 1.8280 1.4071 1.0721 1.1487 1.1717 1.1951 1.2190 1.2434 7 2.1436 2.3579 2.5937 1.9926 1.8509 1.4775 1.0829 2.1719 2.3674 2.5804 2.8127 3.0658 3.3417 3.6425 3.9703 4.3276 4.7171 3.5179 1.9990 2.1589 2.3316 2.5182 2.7196 1.5513 1.0937 1.1046 1.1157 4.0456 4.6524 5.3503 6.1528 7.0757 8 1371 1.9672 1.6289 10 2.8531 2.1049 2.2522 1.7103 S12 11 3.1384 1.7959 1.8856 1.9799 2.0789 2.1829 2.2920 24066 25270 26533 3.3864 4.3219 55160 7.0400 1.6010 1.1268 1.1381 1.1495 1.2682 12 13 14 3.4523 2.4098 1.6651 1.2936 1.3195 1.3459 1.3728 3.7975 4.8871 2.5785 2.7590 2.9372 1.7317 3.1722 3.4259 3.7000 3.9960 5.4736 6.1304 6.8660 76900 8.6128 9.6463 4.1772 1.8009 1.5580 1.1610 15 4.5950 2.9522 1.6047 1.6528 1.7024 1.7535 1.8061 2.0938 2.4273 2.8139 3.2620 2.5404 1.8730 1.1726 1.1843 1.1961 1.2081 1.2202 1.2824 16 TO 7613 12.379 14231 163665 32.9190 66.2118 133.1755 2679635 5.0545 5.5599 26928 2.8543 3.0256 3.2071 4.2919 57435 3.1588 3.3799 3.6165 3.8697 5.4274 1.9479 1.4002 17 2.0258 2.1068 2.1911 2.6658 3.2434 3.9461 48010 18 1.4282 5.1417 6.1159 4.3157 4.6610 1.4568 1.4859 1.6406 1.8114 1.9999 2.2080 19 5.6044 6.7275 10.8347 17.4494 20 25 6.8485 10.0627 14.7853 21.7245 17.0001 8.6231 29.9599 52.7996 93.0510 13.2677 20.4140 31,4094 7.6123 1.3478 1.4166 1.4889 30 28.1024 10.6766 14.9745 7.6861 35 40 45.2593 10.2857 Used to compute the future valu of a knows pent amount For ample: What is te accumulated value of $3,00 inested today at 8 compounded quarierly for 5 years? Using the factons of n 20 and i2% 20 quarterly periods and a quarterly inerest rae of 2, the factor is 1.4859. The acrumulatod value is $4,457.70 (53000 x 14859) TABLE B.3 Present Value of an Annuity of 1 Rate 10% 12% 15% 9% 7% 8% 6% 4% 5% 3% Perfods 2% 1% 0.8696 1.6257 2.2832 0.9091 1.7355 2.4869 3.1699 3.7908 4.3553 48684 5.3349 5.7590 6.1446 6.4951 6.8137 0.8929 1.6901 2.4018 3.0373 0.9259 1.7833 0.9174 1.7591 2.5313 3.2397 3.8897 4.4859 5.0330 0.9434 1.8334 2.6730 0.9346 1.8080 0.9901 1.9704 2.9410 09709 0.9615 1.8861 2.7751 09524 1.8594 2.7232 0.9804 1.9416 1 1.9135 2.8286 2 3 4 25771 3.3121 3.9927 4.6229 5.2064 5.7466 6.2469 6.7101 7.1390 7.5361 7.9038 8.2442 26243 3.3872 4.1002 47665 5.3893 2.8839 3.8077 4.7135 5.6014 6.4720 28550 3.3522 3.4651 4.2124 4.9173 3.6299 4.4518 5.2421 6.0021 35460 4.3295 5.0757 5.7864 3.7171 4.5797 5.4172 3.9020 4.8534 5.7955 6.7282 36048 5 4.1114 45638 3.7845 4.1604 5.5824 6.2098 6.8017 7.3601 7.8869 8.3838 88527 92950 97122 6.2303 7.0197 7.7861 8.5302 4.4873 4.7716 5.0188 5.2337 5.4206 5.5831 4.9676 5.3282 5.6502 5.9377 6.1944 64235 6.6282 5.5348 5.9952 6.4177 5.9713 65152 7.0236 7.4987 7.9427 8.3577 8.7455 9.1079 9.4466 9.7632 6.4632 7.1078 6.7327 7.4353 8.1109 8.7605 9.3851 7.3255 8.1622 8.9826 9.7868 10.5753 11.3484 12.1062 12.8493 13.5777 14.2919 14.9920 7.6517 8.5660 94713 10.3676 11.2551 12.1337 13.0037 8 7.7217 8.3064 8.8633 9.3936 9.8986 10 6.8052 7.1607 9.2526 11 9.9540 12 13 14 15 7.4869 7.7862 8.0607 8.3126 8.5436 8.7556 8.9501 7.1034 7.3667 7.6061 7.8237 8.0216 10.6350 9.9856 5.7245 10.5631 11.1184 11.2961 5.8474 5 9542 6.0472 6.1280 6.1082 2593 64641 65660 66166 6.8109 6.9740 7.1196 7.2497 7.3658 7.4694 7.8431 8.0552 8.1755 8.2438 8.5595 8.8514 9.1216 9.3719 9.6036 9.8181 10.3797 10.8378 11.2741 11.6896 12.0853 12.4622 14.0939 11.9379 12.5611 13.1661 13.7535 13.8651 14.7179 15.5623 16.3983 17.2260 18.0456 22.0232 10.1059 10.4773 10.8276 11.1581 11.4699 12.7834 13.7648 14.4982 15.0463 11.6523 12.1657 12.6593 16 17 8.2014 8.3649 8.5136 10.0591 10.3356 10.5940 11.6536 18 14.3238 14.8775 17.4131 19.6004 21.4872 13.1339 13.5903 15.6221 17.2920 18.6646 19.7928 15.6785 16.3514 19.5235 19 9.1285 9.8226 10.2737 10.5668 10.7574 20 9.0770 10.6748 25 11.2578 11.6546 11.9246 9.4269 12.4090 15.3725 16.3742 17.1591 22.3965 24.9986 27.3555 25.8077 29.4086 32.8347 9.6442 9.7791 30 35 12.9477 13.3317 6.6418 23.1148 40 Used to calculate the present value of a series of equal payments made at the end of cach period. For example: What is the present value of 52,000 per year for 10 years assuming an mml intest ne of 9%7 For (n-10, i-9% ) , the PV factor is 64177. $2,000 per year for 10 years is the equivalent of $12,835 oday ($2,000 x 6.4177) tabieo-1PG 786K tableb-2 JPG 783. tableb-3 JPG 788.. tableb-4.JPG 791... Cafeer Opportunit TABLE B.4 f=[(1 +i-11 Future Value of an Annuity of 1 Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 1 1.0000 1.0000 2.0200 1.0000 1.0000 20400 3.1216 4.2465 5.4163 66330 7.8983 9.2142 10.5828 1.0000 2.0500 3.1525 4.3101 1.0000 2.0600 1.0000 2.0700 3.2149 4.4399 1.0000 2.0800 3.2464 1.0000 1.0000 1.0000 2.1200 1.0000 2 2.0100 2.0300 2.0900 3.2781 45731 2.1000 2.1500 3.4725 3.0301 4.0604 5.1010 6.1520 7.2135 8.2857 9.3685 10.4622 10.9497 11.5668 12.1687 12.6825 13.8093 14.6803 14.9474 15.9739 17.0863 16.0969 17.2579 18.4304 19.6147 3.0604 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 3.1836 3.3100 33744 47793 6.3528 4 4.1216 43746 4.5061 4.6410 4.9934 5.2040 5.5256 5.6371 6.9753 8.3938 8.6540 9.8975 11.4913 13.1808 5.7507 5.8666 5.9847 6.1051 6.7424 8.7537 11.0668 6 6.3081 7.4343 8.5830 6.8019 7.1533 7.3359 7.5233 9.2004 11.0285 13.0210 7.7156 8.1152 7 8.1420 9.5491 11.0266 12.5779 14.2068 15.9171 17.7130 8.9228 9.4872 11.4359 13.5795 10.0890 8 10.2598 11.9780 10.6366 12.2997 13.7268 16.7858 9.7546 12.4876 14.7757 17.5487 20.6546 24.1331 10 11.4639 12.8078 14.1920 12.0061 13.8164 15.1929 20.3037 14.4866 15.9374 11 13.4864 14.9716 15.7836 16.6455 18.9771 21.4953 17.5603 18.5312 24.3493 29.0017 12 13.4121 16.8699 15.0258 20.1407 22.9534 17.8885 21.3843 13 15.6178 166268 18.2919 20.0236 21.8245 23.6975 25.6454 27.6712 29.7781 41.6459 56.0849 736522 20.1406 22.5505 25.1290 27.8881 18.8821 24.5227 28.0291 34.3519 14 15 19.5986 21.0151 23.2760 25.6725 28.2129 24.2149 26.0192 279750 31.7725 35.9497 32.3926 40.5047 17.2934 18.5989 18.6393 20.1569 21.5786 27.1521 30.3243 33.7502 37.4502 41.4463 45.7620 37.2797 42.7533 48.8837 55.7497 63.4397 72.0524 98.3471 133.3339 136.3075 1644940 241.3327 215.7108 271.0244 431.6635 29.3609 47.5804 16 17 18 19 20 25 30 35 40 23.6575 25.8404 28.1324 30.5390 33.0660 47.7271 66.4388 90.3203 1114348 95.0255 120.7998 154.7620 199.6351 33.0034 36.9737 41.3013 46.0185 51.1601 84.7009 55.7175 65.0751 75.8364 88.2118 102.4436 212.7930 434.7451 881 1702 337.8824 4425926 767.0914 1,779090 20.0121 21.7616 21.4123 23.4144 22.8406 25.1169 26.8704 36.4593 47.5754 60.4621 75.4013 30.8402 40.5447 30.9057 33.9990 45.5992 20.8109 33.7600 37.3790 51.1591 22.0190 24.2974 28.2432 36.7856 548645 79.0582 40.9955 57.2750 32.0303 34.7849 405681 41.6603 63.2490 73.1059 94.4608 113.2832 172.3168 49.9945 138.2369 48 8864 60.4020 259.0565 to calculate the future value of a series of oqual pay ments macde at the end of cach period. For example: What is the future value of $4,000 per year for 6 years asum anal interest rake of 87 For (n6,i-8%), the FV factor is 7.3359. $4000 per year for 6 yean accumulates to $29,343 0 ($4000 x7.3359