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Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amount Frequency of
Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amount Frequency of payment Length of time Interest rate Payment amount end of each period $ $ 25, 100 Quarterly 5 years 8 % Using the annuity table, complete the following. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct. Payment amount end of each period Length of time Interest rate PV of Annuity Frequency of payment Annually $ 1,320 7 years 9 % $ 14,557.59 TABLE 13-2 Present value of an annuity of $1 Period 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 1 0.9804 0.8850 2 0.9709 1.9135 2.8286 0.9009 1.7125 2.4437 3 0.9434 1.8334 2.6730 3.4651 4.2124 4.9173 1.9416 2.8839 3.8077 4.7134 5.6014 10.9259 1.7833 2.5771 3.3121 3.9927 4.6229 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4 3.7171 4.5797 5.4172 6.2303 7.0197 3.1024 3.6959 4.2305 1.6681 2.3612 2.9745 3.5172 3.9975 5 6 7 8 6.4720 4.4226 5.5824 6.2098 5.2064 5.7466 4.5638 4.9676 7.3255 8.1622 0.9346 1.8080 2.6243 3.3872 4.1002 4.7665 5.3893 5.9713 6.5152 7.0236 7.4987 7.9427 8.3576 8.7455 9.1079 9.4466 9 7.7861 6.8017 6.2469 6.7101 10 0.9615 0.9524 1.8861 1.8594 2.7751 2.7232 3.6299 3.5459 4.4518 4.3295 5.2421 5.0757 6.0021 5.7864 6.7327 6.4632 7.4353 7.1078 8.1109 7.7217 8.7605 8.3064 9.3851 8.8632 9.9856 9.3936 10.5631 9.8986 11.1184 10.3796 11.6523 10.8378 12.1657 112741 12.6593 11.6896 13.1339 12.0853 8.5302 9.2526 7.3601 7.8869 4.7122 5.1461 5.5370 5.8892 6.2065 6.4924 6.7499 6.9819 11 8.9826 9.7868 10.5753 11.3483 12.1062 12.8492 13.5777 7.1390 7.5361 4.7988 5.1317 5.4262 5.6869 5.9176 6.1218 5.3282 5.6502 5.9377 6.1944 6.4235 12 0.9174 0.9091 1.7591 1.7355 2.5313 2.4869 3.2397 3.1699 3.8897 3.7908 4.4859 4.3553 5.0330 4.8684 5.5348 5.3349 5.9952 5.7590 6.4177 6.1446 6.8052 6.4951 7.1607 6.8137 7.4869 7.1034 7.7862 7.3667 8.0607 7.6061 8.3126 7.8237 8.5436 8.0216 8.7556 8.2014 8.9501 8.3649 9.1285 8.5136 9.8226 9.0770 10.2737 9.4269 10.7574 9.7790 10.9617 9.9148 13 14 9.9540 10.6350 11.2961 11.9379 12.5611 13.1661 13.7535 8.3838 8.8527 9.2950 9.7122 10.1059 15 6.3025 6.4624 7.9038 8.2442 8.5595 8.8514 9.1216 9.3719 9.6036 6.6282 6.8109 6.9740 7.1909 7.3792 16 6.6039 17 14.2918 14.9920 15.6784 7.5488 7.7016 18 7.1196 7.2497 7.3658 6.7291 6.8399 6.9380 14.3238 7.8393 19 20 25 9.8181 7.4694 16.3514 19.5234 22.3964 14.8775 17.4131 10.4773 9.7632 10.8276 10.0591 11.1581 10.3356 11.4699 10.5940 12.7834 11.6536 13.7648 12.4090 15.0463 13.3317 15.7619 13.8007 7.9633 8.4217 7.0248 7.3300 10.6748 30 13.5903 12.4622 15.6221 14.0939 17.2920 15.3724 19.7928 17.1591 21.4822 18.2559 19.6004 40 50 7.8431 8.0552 8.2438 27.3554 31.4236 11.2578 11.9246 12.2335 23.1148 25.7298 8.6938 8.9511 9.0417 7.4957 7.6344 7.6752 8.3045
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