Use future value and present value calculations to determine the following a. The future value of a $820 savings deposit after eight years at an annual interest rate of 5 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 13-1 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Future value b. The future value of saving $1920 a year for five years at an annual interest rate of 5 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 13-2 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Future value $ c The present value of a $2,910 savings account that will earn 5 percent interest for four years. If you are using a table to calculate your answer, please only use the table in this link Appendix 10.3 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Present value Exhibit 18-1 Future Value (Compounded Sum) of $1 After a Given Number of Time Periods FV = PV(1 + 1" Period 1 2% 3% 4% 6% 7% 8% 9% 10% 11% 1.0330 1 2 3 1.040 1.082 1.125 1.060 1.124 1.191 4 1.100 1.210 1331 1.461 1.611 1.772 1.910 5 6 7 S 9 1.010 1.020 1.030 1.041 1.051 1.062 1.072 1.083 1.094 1106 1116 1.127 1.138 1.149 1.161 1.173 1.184 1.196 1.208 1.220 10 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.208 1.294 1.319 1.346 1.373 1.400 1.428 1.457 1.486 1.641 1811 2.208 12 1.060 1.103 1.168 1.216 1.276 1340 1.407 1.477 1.561 1.629 1.710 1.796 1.896 1.980 2.079 2.183 2.292 2.407 2.627 2.663 3.386 4.322 7.010 1.070 1.145 1.225 1.311 1.403 1.601 1.606 1.718 1.838 1.967 2.105 2.262 2.410 2.679 2.750 2.062 3.150 1.061 1.083 1.126 1.159 1.194 1.230 1.267 1.306 1.314 1.384 1.426 1.460 1513 1.668 1.605 1.663 1.702 1.754 1.806 2.000 2.427 3.362 4.381 2.144 2.358 2.594 2.853 3.138 1110 1.232 1.368 1518 L68 L870 2076 2.306 2.568 2.839 3.152 2.498 3.883 4310 1.170 1.217 1.266 L.316 1.389 1.423 1.480 1.539 1.601 1.686 1.732 1.801 1873 1.918 2.026 2.107 2.191 2.666 3.213 4.801 1.262 1.338 1.419 1.501 1.591 1.689 1.791 1.898 2.012 2.133 2 261 2.307 2.540 2.683 2.854 3.026 3.207 4.202 6.743 10.3286 18.430 1.080 1.166 1.260 1.360 1.460 1.687 1.714 1.851 1.999 2.160 2.332 2.518 2.720 2.937 3.172 3.126 3.700 3.006 4.316 4.661 6,818 10.003 21.725 10.002 13 1.000 1.188 1.295 1.412 1.539 1.677 1.828 1.983 2.172 2.367 2.580 2.813 3.006 3.342 3.642 3.970 4.328 4.717 5.142 5.604 8.62 13.20 31.400 74.368 15 16 17 3.452 3.797 4.177 4.605 5.064 5,860 6.116 6.727 10.836 17.4.10 18 19 6.311 6.896 6,544 7.283 8.00 3.380 3.617 3,870 5,127 7,612 14.074 20.167 1.282 13:48 1.480 1616 30 13.686 02.02 65.001 184570 10 60 2.602 7.107 11.467 11700 Ac Exhibit 18-1 (concluded) Period 12% 13% 14% 1 1.140 2 1.300 1.482 3 4 5 6 7 8 1.120 1.254 1.406 1.574 1.762 1.974 2211 2.476 2.773 3.106 3.479 3.896 4.363 9 10 11 1.130 1.277 1.443 1.630 1.842 2.082 2.353 2.668 3.004 3.395 3.836 4.335 1.898 5.536 6.254 7.067 7.986 9.024 10.197 11.623 12 15% 16% 17% 18% 19% 20% 25% 30N 1.160 1.160 1.170 1.180 1.190 1.200 1.250 1.300 1.323 1316 1.369 1.392 1.416 1.440 1.663 1.600 1.521 1.561 1.602 1.613 1.685 1.728 1863 2.197 1.749 1.811 1.874 1.839 2.005 2,074 2441 2.856 2.011 2.100 2.192 2.288 2.386 2.188 3.052 3.713 2,313 2.436 2.665 2.700 2.810 2.986 3.816 1827 2.660 2.826 3.001 3.185 3.379 3,583 4.768 6.276 3.069 3.278 3.511 3,750 4.021 4.300 6.900 8.157 3.518 3.803 4.108 4.136 4.786 6.160 7.451 10.604 4.016 4.807 5.231 5.696 6.192 9.313 13.786 5.117 5.624 6.176 6.777 7.430 11.642 17.622 5.350 5.836 6.680 7.288 8.064 8.916 14.662 23.298 6.153 6.886 7.699 8.599 9.696 10.699 18.190 30.288 7.076 7.988 9.007 10.147 11420 12.839 22.737 30.374 9.286 10.639 11.974 13.500 16.407 28.422 61.186 9.358 10.748 12.330 14.129 16.172 18.488 35.627 66.512 10.761 12.468 14.426 16,672 19.244 22.186 44.409 88.500 12.375 14.483 16.879 19.673 22.091 26.623 56,511 112.460 14.232 16.777 19,748 23.214 27.252 31.918 00.380 146.100 16.367 19.461 23.106 27.383 32.129 38.338 SC 736 190.000 32.919 40.874 50.668 62.660 77388 35.396 264.700 66.212 85.850 111.070 143.370 184.680 237,380 807.700 2.620.000 267.800 378.720 $33.870 700.380 530,119.000 1.051.700 1.460.800 7,623.200 1,083.700 1,670.700 2,606.2003,927.400 3,988.900 0.100.400 70.065.000 407,820.000 13 1.925 2.195 2,502 2.853 3.252 3.707 4.226 4.818 5.492 6.261 7.138 8.137 9.278 10.676 12.066 13.743 26.462 50.950 188.880 700.230 14 15 16 17 8.137 18 4.887 6.474 6.130 6.866 7.600 8.613 9.646 17.000 20.000 93.061 280,000 10 20 26 30 40 706.680 AC 21.231 30.116 132.780 450.740 Go 60 Exhibit 18-2 Future Value (Compounded Sum) of $1 Paid in at the End of Each Period for a Given Number of Time Periods (an Annuity) FV= -1 (1+1-1 Period 1% 2% 3% 4% 5% 6% 7N 8% 99% 10% 11% 1 2 3 4 5 1.000 2.100 3.310 1.000 2110 3,342 4.710 1.000 2.030 3.001 1184 5.309 6.468 7.602 8.802 10.150 7 8 10 1.000 2.010 3.030 4.060 5.101 6.152 7.214 8.386 9.360 10.462 11.667 12.RS 13.800 14.917 16.007 17-258 18.430 19.615 20.811 22.019 28.33 34.785 18. 14.463 1.000 2.020 3,060 4.122 5.204 6.305 7.134 8.583 0.766 10.950 12. 160 13.412 14.680 16.974 17.223 18.00 20.012 21412 22.841 21297 32.030 40.688 00.402 81570 12 13 14 15 16 1.000 2010 3.122 1.246 5.416 6.633 7.898 9.214 10.683 12.000 13.486 15.026 16.627 18.202 20.024 21.826 20.00 25.646 27.071 29,778 41.6416 56.085 06.0126 12.670 1.000 2080 3.246 0506 5.867 7.336 8.923 10.637 12.488 14.487 16.615 18.977 21.05 1.000 2.060 3.163 4.310 5.526 6.802 8.142 9.519 11.027 42.678 10.207 15.017 17.713 19.609 21.679 2.657 26.810 28.132 30.13 33.006 47.737 (1.430 130.800 200-350 1.000 2.060 3.184 4.375 6.837 6.975 8.394 9.897 11.491 13.181 14.972 16,870 18.882 21.016 23.976 26.073 20.213 30.006 33.760 35.786 51.885 70.088 161.700 290,340 12.808 14.102 15.618 17.086 18.600 20.157 21.762 23.414 26.117 211.870 196.460 47.676 76,401 112.800 1.000 2.070 3.215 1.400 5.751 7.153 8.864 10.260 11.978 13.816 16.784 17.888 20,141 22.680 26.129 27.888 30.8.10 33.900 37.379 10.986 24 4.461 119.610 406.630 1.000 2.000 3278 4.673 6.985 7.823 9.200 11.008 11.021 16.183 17.500 20.141 2.963 26019 20.351 33003 30.974 41.301 16.018 51.100 81.701 MLSID 337.90 7.913 9.783 11.860 14161 16.732 19.561 22. ta 2212 30.000 6.105 7.716 9.187 11.4 13.679 15.37 18.631 21356 21523 27.976 31.772 3,850 10.16 46.000 GL150 17 18 19 20 24215 27.152 30.01 33.760 37.450 414 46.703 73.100 113.30 260.00 73.770 30.100 41501 0.306 66.00 64.203 114.410 10.000 68160 1.8.800 26 30 30 08.317 164.480 412.500 Activate Go to Setta Exhibit 18-2 (concluded) 20 30 IN ION 17 INN 13 Period 12 10% 60 61.103 84.570 01 112.800 25.020 152.670 120.800 209,350 151.760 200-310 109.610 406.800 250.000 578.770 337.800 916.080 1.16.000 581 850 1.668 800 Exhibit 1B-2 (concluded) Period 1 2 3 1 5 6 7 8.977 8 10 11 12 12% 13% 15% 16'N 17 18% 2096 25 30% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.120 2.130 2.140 2.150 2.100 2.170 2.180 2.100 2.300 2.250 3.374 3.407 3.440 3.473 3.505 3.500 3.572 3,606 3.600 3.813 4.779 4.850 4021 3.900 4.983 6.066 6.141 6.215 5.291 5.368 8.363 6.167 6.480 6.610 6.742 6.877 7,014 7.154 7.297 7.442 8.207 0.013 8.116 8.333 8,536 8.754 9.207 2012 9.683 9.60 11.259 12.756 10.080 10.405 10.730 11.067 11.414 11.772 12.142 12.623 12.916 16,073 17663 12.300 12.757 13.233 13.737 14.240 14.973 15.327 15.902 16.490 19.812 23.868 14.776 16.416 16.085 16,786 17.619 18.286 19.086 19.9243 20.790 25.802 32.015 17.540 18.120 1937 20.2304 21.321 22.3 23.521 24.701 25.959 32 33 42619 20.656 21814 23.015 24.340 25.733 27 200 28.756 30.004 32.150 6406 94.133 26,660 27.871 29.002 30.850 32.824 31,831 37.180 30.581 54208 TL37 28.029 29.986 32.080 31.362 36.796 30.404 42.219 46.214 18.497 68.760 97.635 32.30 31.883 37.681 10.306 43.672 47.103 50.818 SLS 50.196 56.949 127910 37.280 10.417 13.842 17.680 61.000 10.110 60.986 66.261 100.000 107.300 12.753 16.673 BORO 55.717 60.925 68.619 72. KID 20.850 87.442 138 110 218.170 18.881 53.730 60.18 66.076 71.673 78.70 87.008 9.0122 105. 173.640 285.010 16.750 61.726 8830 75.86 81.141 1406 103.700 115.270 138. 120 218.000 371.630 1410 70.740 78.2160 88.212 98.603 110.200 123.410 138.170 154.740 273,500 181.970 72.062 80.947 01.025 102.400 116.380 130.000 146.630 165.120 186.000 312.950 30.170 133.330 166.620 181.870 212.710 210.210 992.110 3-12.000 102.010 171.080 1.061.800 2,518.80 241300 283.200 366.790431.750 30,310 617440 790.860 700 1.181.000 3.227.300 8.730.000 787.000 1,013.700 1342.000 1.770.100 2.00800 3,134,600 4,163.210 1.69.500 73.000 30.000.000 130,000 2,400.000 3.450.500 4,904.500 7.817.700 10,436.000 15,000,000 21813.000 31,615.000 16.407.000 0.250.000 10.000 13 14 15 16 17 18 19 30 40 50 Ac GO search Exhibit 18-3 Present Value of $1 to Be Received at the End of a Given Number of Time Periods PV = 117 5% 7% 2 8% 9% 10% 12 Period 0.001 1 0900 0.980 0.971 0.961 0.951 0.950 0.961 090 4 0.83 0.797 0.112 0.636 0.567 0.507 0.452 0.404 0.361 5 6 0.835 0.873 0.816 0.763 0.713 0.666 0.623 0.582 0.514 0 BOS 0.475 0.444 7 10 11 0924 0.906 OSSS 0.871 0853 0.837 0.820 0.804 0.788 0.773 0.758 0.743 0.728 0.714 0.700 0.914 0.906 0.896 0.971 0.913 0.915 0885 0.883 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.633 0.606 0.587 0.570 0.554 0.AATS 0.412 0.307 0.28 0.962 0.925 0.88 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.375 0.308 0.208 0.141 0.952 0.907 0.864 0.823 0.781 0.746 0.711 0.677 0.615 0.614 0.685 0.557 0.530 0.506 0.481 0.458 0.436 0.416 0.396 0.377 0.286 0.231 0.142 0.087 OSST 0.8T9 0.850 0.926 0.857 0.791 0.735 0.681 0.630 0.583 0.540 0.500 0.463 0.429 0.397 0.368 0.310 0.315 0.292 0.270 0.350 0.232 0.215 0.146 0.943 0.890 0.810 0.792 0.747 0.706 0.665 0.627 0.502 0.558 0.527 0.497 0.460 0.412 0.417 0.391 0.371 0.350 0331 0.312 0.333 0.174 0.097 0.054 0.917 0.842 0.772 0.708 0.650 0.596 0.517 0.502 0.160 0.422 0.388 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.116 0.075 0.032 0.900 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.396 0.350 0.319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.002 0.812 0.731 0.650 0.563 0.535 0.482 0.134 0.301 0.352 0.317 0.296 0.258 0.232 0.300 0.188 0.170 0.163 0.138 0.124 0.074 0.014 0.016 0.006 14 15 16 0.853 0.844 0.836 0828 0.820 0.780 0.742 0.672 0.608 13 19 20 05287 0.257 0209 0.305 0.183 0.163 0.146 0.130 0.116 0.101 0.050 0.003 0.011 0.003 0.388 0.362 0.330 0.317 0.296 0.277 0.358 0.184 0.131 0.067 0.034 0.057 0.673 0.610 0:562 0.453 0.372 0.099 0.046 0.021 0.022 0.000 0.013 BO Actiu In BO 0.007 0.008 0.372 0.229 UIL 0.057 0.141 1900 0.016 0.021 0.018 0.013 0.031 0.62 0.000 0.015 OG 01011 0.000 Exhibit 18-3 (concluded) Period 13% 14% 15N 16M 176 18% 19 20% 25% 30 NSE 10% 50N 1 2 O.SSS 0.783 0.663 0.667 0410 3 4 5 0.877 0.709 0.675 0.502 0.519 0456 0.000 0.361 0.300 0.270 0.237 0.208 6 7 0.800 0.500 0.512 0410 0320 0.262 0.210 0.168 0.134 0.107 0.086 0.714 0.510 0.354 VO 0.180 0133 0.096 0.008 0.741 0519 0.006 0.301 0223 0.165 0.122 0.001 0.067 0.050 0.037 0.198 0,132 0.065 0.069 0.00 10 11 19 0.145 0.870 0.756 0.08 0.572 0.497 0.432 0.376 0.327 0.254 0.247 0.215 0.187 0.163 0.141 0.123 0.107 0.083 0.081 0.070 0.061 0.030 0.016 0.004 0.001 0.613 0.5-13 0.480 0.426 0:376 0.3 0.296 0.261 0.231 0.200 0.181 0.160 0.141 0.125 0.111 0.008 0.087 0.017 0.026 0.008 0.002 0.862 0.763 0.641 0.552 0.476 0.410 0.350 0.306 0.263 0.227 0.196 0.168 0.145 0.125 0.108 0:06 0.080 0.000 0.060 0.061 0.024 0,012 0.003 0.001 0.866 0.7731 0.624 0.631 0.456 0.300 0.333 0.285 0.2-13 0.208 0.178 0.152 0.130 0.111 0.096 0.081 0.000 0.050 0.051 0.013 0.000 0.000 0.002 0 0.847 0.718 0.600 0.515 0.437 0.370 0.314 0.265 0.225 0.191 0.162 0.137 0.116 0.009 0.081 0.071 0.000 0.051 0.013 0.037 0.016 0.007 0.001 0 0.70 O. 0.455 0.350 0.97 0.207 0.150 0.123 0.091 0.073 0.066 0.003 0.033 0.025 0.020 0.015 0.012 0.000 0.007 0.006 13 14 15 16 17 18 19 20 25 30 30 0.810 08:33 0.706 0.694 0.103 0.579 0.499 0.482 0.419 0.402 0.362 0.336 0296 0.279 0.219 0233 0.200 0.194 0.176 0.162 0.135 0.124 0.112 0.104 0.083 0.088 0.078 0.074 0.005 0.062 0.054 0.062 0.015 0.01 0,038 0.037 0.031 0.031 0.025 0.013 0.010 0.006 0.001 0.001 0.001 0 0 0.006 0.017 0.012 0.008 0.006 0.003 0.002 0.000 0.027 0.020 0.016 0.011 0.008 0.006 0.006 0.003 0.002 0182 0.160 0.140 0.123 0.108 0.005 0.083 0.073 0.038 0.020 0.005 0.001 . 0,036 0.005 0.018 0.013 0.000 0.006 0.006 0.003 0.002 0.00 0.001 0.009 0.065 0.014 0.035 0.028 0.023 0.018 0.014 0.012 0.004 0.001 0 0.001 0.001 0 0 0 0,001 0 0 0 0.001 0 0 0 Activ Go to s 0 0 50 0 0 0 0 rch