Use Table PV-1 and Table FA-1 to determine the answers to the following.

(A) How much must be invested now for 5 periods at 6% to amount to $15,000?

(B) How much is $3,000 invested now at 8% in 8 periods worth?

(C) How much is $25,000 compounded semi-annually at 12% for 4 years?

ulators are programmed to compute future amounts; you merely enter the present value, the interest rate, and the number of periods. Or you may use a table of future amounts, such as Table FA-1 in Exhibit B-2. Table FA-1 Ex Future Value of $1 after n Periods TH Number of Periods Interest Rate (n) 1% 11/2% 5% 6% 8% 10% 12% 15% 20% 1.010 1.015 1.050 1.060 1.080 1.100 1.120 1.150 1.200 2 1.020 1.030 1.103 1.124 1. 166 1.210 1.254 1.323 1.440 3 1.030 1.046 1.158 1.191 1.260 1.331 1.405 1.521 1.728 4 1.041 1.061 1.216 1.262 1.360 1.464 1.574 1.749 2.074 5 1.051 1.077 1.276 1.338 1.469 1.611 1.762 2.011 2.488 6 1.062 1.093 1.340 1.419 1.587 1.772 1.974 2.313 2.986 7 1.072 1.110 1.407 1.504 1.714 1.949 2.211 2.660 3.583 8 1.083 1.126 1.477 1.594 1.851 2.144 2.476 3.059 4.300 9 1.094 1.143 1.551 1.689 1.999 2.358 2.773 3.518 5.160 10 1. 105 1.161 1.629 1.791 2.159 2.594 3.106 4.046 6.192 20 1.220 1.347 2.653 3.207 4.661 6.727 9.646 16.367 38.338 24 1.270 1.430 3.225 4.049 6.341 9.850 15.179 28.625 79.497 36 1.431 1.709 5.792 8.147 15.968 30.913 59.136 153.152 708.802 THE TABLES APPROACHAppendix B The Time Value of Money: Future Amounts and Present Values it B-7 Table PV-1 UE OF $1 Present Values of $1 Due in n Periods Number of Periods Discount Rate (n) 1% 11/2% 5% 6% 8% 10% 12% 15% 20% 990 985 952 943 926 .909 893 870 833 2 980 .971 907 890 857 826 .797 .756 3 971 .956 864 840 .794 .751 .712 .658 .579 4 961 .942 823 .792 .735 .683 .636 572 .482 5 951 .928 .784 747 681 621 567 .497 402 942 .915 1746 705 630 .564 .507 .432 .335 1933 .901 .711 665 .583 .513 .452 376 1279 8 923 .888 .677 627 .540 .467 404 1327 233 9 914 .875 .645 .592 500 424 .361 .284 . 194 10 905 .862 614 .558 .463 .386 .322 .247 162 20 820 .742 .377 1312 215 .149 .104 061 026 24 788 1700 1310 247 158 .102 .066 .035 .013 36 .699 .585 .173 .123 063 .032 1017 007 .001 THE DDECENT VAI LIC C