Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Using Exhibit 1-B, complete the following table. (Round FVA factors to 3 decimal places and final answers to the nearest whole dollar.) Investment Value Total
Using Exhibit 1-B, complete the following table. (Round FVA factors to 3 decimal places and final answers to the nearest whole dollar.) Investment Value Total Amount Total Amount of Annual Deposit Rate of Returm Rate of Return Number of Investment Value Years Earnings Period 4,800 4,800 4,800 4,800 3% 9% 5% 11% 20 20 30 30 Exhibit 1-B Future Value (Compounded Sum) of $1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) 3.215 4.641 8.142 10 26 14.161 16.722 19.561 10.583 10 10.95 12.578 15.937 13.4B6 16.645 18.531 13 412 14.68 15.974 16 87 15.618 26.212 14.947 18.292 21.015 25.129 1.772 1/.258 19.638 23.60 35.80 28.213 30.84 36 974 18 23.414 30.106 33.999 22 941 66 934 24.297 25.37 29.778 57.270 73.106 113.203 259.05 84.701 4.705 18.886 64.463 79 050 101 162 290.336 04.481 189630 406.029 114.413 190.021 081.826 1663.771 G3 439 164 494 331882 412.593 112.797 152.667 209.348 5.141 5.291 5.368 12.523 12.916 17.583 4.24 23 50 15.416 16.185 18 285 19.096 20199 10 17.549 22.393 24.709 33.253 20.655 24.349 25.733 56.405 29 0n2 9 581 48.497 59.196 72 435 23.98 32.089 35.785 42.219 32.303 34.883 43.672 54.841 7 20 47. 50 06 261 109.607 138.109 173.636 218.045 273 656 342.949 1054.791 167.206 466r2 66.549 53.733 18 75.836 403 973 630.164 2348.803 0729 905 1343 y58 30088 655 120392 883 7217.716 10435.49 10089.502 21813.094 31515.335 45497.19 280255.693 1509760.743 80.947 102.444 212.793 434 745 19 09 110.33 130.033 292.105 647 430 3131.522 186.888 155.62 249.214 342.603 402.042 471.981 203 19 790.048 1312 125 2363 0 5029823 3459 507 4994.521
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started