Using time value of money tables (Exhibit 1-A, Exhibit 1-8. Exhibit 1-C, Exhibit 1-D), calculate the following a. The future value of $470 six years from now at 5 percent. (Round your factor to 3 decimal places and final answer to 2 decimal places.) Future value b. The future value of $550 saved each year for 10 years at 8 percent. (Round your factor to 3 decimal places and final answer to 2 decimal places.) Future value C. The amount a person would have to deposit today (present value) at a 7 percent interest rate to have $3,200 five years from now. (Round your factor to 3 decimal places and final answer to 2 decimal places.) Deposit Exhibit 1-A Future Value (Compounded Sum) of S1 after a Given Number of Time Periods VE 19 18 71 1.070 1.145 105 1.100 2.210 Period 1 2 33 4 5 6 7 1.020 1.040 1.061 1.082 1.106 1.126 1.311 10 1.019 1.020 1.030 1.001 1.051 1.062 1.022 1.003 1.094 1.105 1.116 1. 127 1.138 1.403 1.030 1.040 1.061 1.082 1.093 1.125 1.126 1.170 1.159 1.217 1.265 1.230.1 1.316 1.267 1.362 1.305 1.344 1.40 1.384 1.53 1.060 1.124 1.191 1.262 1.338 1.419 1.504 1.3974 1.689 98 1.099 1.00 1.295 1.012 1.539 1.672 1.028 16093 2.172 2.17 2.80 1.501 1.606 1.778 8 12172 1.195 1.219 1.23 1.268 1.294 1.319 58 1.050 1.105 1.150 1.216 1.226 10 1.407 1.4777 1.551 1.629 1.710 1.796 1.886 1.900 2.079 2.183 2.292 2.407 2.927 2.653 3.386 111 1.110 1.232 1.368 1.51 1.605 1.070 2.07 2.305 2.558 2.839 3.12 3.498 2.883 4.310 4.05 5.311 5.895 10 11 12 13 14 15 16 12 18 19 20 25 30 2.815 1.464 1.611 1.772 1.949 2.144 2.358 2.594 2.853 3.130 3.02 3.797 4.177 4.595 1.098 2.012 2.133 2.261 2.397 1.080 1.166 1:260 1.360 1.4 1.587 1.214 1.051 1.999 2215 2.332 2.510 2.220 26937 3.172 3.4266 1700 3.996 4.316 4.662 6.848 10.065 21.225 46.902 1.962 2.105 2.252 2.410 2.579 2.259 2.952 3.152 3.300 3.066 3.342 3.642 3.970 1.161 1.173 1.14 1.196 1.208 1.220 1.202 1.348 1.373 1.400 1.428 1.457 1.486 1.469 1.665 1.5131722 1.550 1.801 1.609 1.873 1.653 1.940 1.702 2.026 1.354 2.102 1.806 2.191 2,094 2.6666 2.427 3.243 2.262 0.003 4.384 7.107 6.116 2.69 2.354 3.026 3.207 4.292 5.743 10.286 18.420 5.142 5.600 8.623 13.20 31.409 74.358 3.670 5.427 7.612 14.974 29.457 7.263 8.062 13.585 2222 1.811 2.200 2.692 10.035 17.449 45.259 117.390 OP 7.040 11.467 50 12645 301 1.300 1.690 2.197 2.856 Period 120 130 140 151 160 170 1 1.120 1.160 1.150 1.160 2 1.250 1.277 1.300 1.323 1.346 1.17 3 1.443 1.482 1.521 2.602 4 1.574 1.630 1.60 1.749 1.811 1.874 1.762 1.B42 1.925 21.011 2.100 2.192 6 1.974 2.002 2.195 2.313 2.036 2.565 7 2.2117 2.353 20.02 2.660 2.826 3.001 B 2.4767 2.658 2.09 3.05 3:20 3.511 9 2.773 3.004 3.252 3.518 3.803 4.108 10 3.106 3. 3.707 4.046 4.411 4.802 11 3.470 1.836 4.226 4.652 5.117 5.62 12 4. 4.818 5.350 6.500 13 4.363 2.898 5.422 6.133 6.886 2.699 14 4.87 5.535 6.261 7.076 7.90 9.007 15 5.476 6.254 7. 138 8.137 9.266 10.339 16 6.130 2.067 3.137 9.58 10.748 12330 17 6.366 7.BE 9.276 10.761 12.460 14.026 10 7.690 9.024 10.575 12175 14.463 16.079 19 3.613 10.197 12.056 16.232 16.127 12.7 20 9.646 11.52 16.72 19.461 23.106 25 17.000 21.231 26.462 2.919 40.074 50.650 30 29.960 50.950 66.212 85.650 111.070 40 93.051 132.780 188.00 267.60 370.720 53.870 50 289.000 250.740 700.20 1.03.700 1.670.700 2,566.200 180 195 1.100 1.190 1.32 1.416 1.643 1.685 1999 2.002 2.2013 2.386 2.700 2.00 3:10 3.379 19 4.022 4.435 4.785 5.234 5.696 6.176 6.737 7.288 8.060 8.599 9.596 10.117 11.420 11.974 13.590 14.129 16.172 16.672 19.244 19.673 22.091 23.214 27.252 2293 32.429 62.669 77. 143.370 104.680 750.00 3051700 3.927.400 5,998.900 201 251 11200 1.250 1.440 1.56) 1.220 1. 2.074 2.400 3.052 2.986 3.315 3.503 4.300 5.960 5.160 7.451 6.192 9.21 7.430 11.642 8.916 14.552 10.699 18.190 12.039 22.12.17 15.402 20.422 18.4 35.527 22H1 26.623 55.511 31.948 69.383 38.JJ 86.736 95.396 264.700 2320 802.790 1,489.800 7,523.200 9, 100.400 70,065.000 4.027 6.276 8.157 10.604 13.71 17.922 23.298 30.200 39.74 51.05 66.542 86.504 112.460 146.190 1905050 705.640 220.000 36,219.000 497929.000 Exhibit 1-B Future Value (Compounded Sum) of SI Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) IT IS 19 16 20 1.000 21:00 49 1.000 200 112 9240 1.000 22.050 88 1.000 2010 26 111 11.000 2000 2010 101 1.000 22:00 10 1000 22070 215 4.440 5.25 IGOMS 4310 3.342 710 18220 7.913 SMS 6.105 291035 ME CMT Period 20 11.000 11000 2 2.010 2020 3 H060 4 42060 4.122 5 TOT 5.2014 6.152 6. 7 7.2.10 B 3.286 0.583 9 9.69 9.755 10 10:42 10.950 11 11.567 12.169 12 126) 13.12 13 13:09 14.610 14 14.27 1517 15 16.02 17.293 16 17.250 17 HIIRED 20.012 18 19.615 19 20.011 22.341 20 22.019 2:207 25 283 32.00 30 34.285 40.500 40 60.402 50 64.463 34.53 9.407 11.06 12.50 1.000 2010 3.184 4.375 5.637 6.925 8.394 9.897 11.00 13.181 16.972 16.870 10.802 21.035 6.653 7.098 9.214 10.383 12.006 3.486 15.02 16.627 18.292 20.020 21.825 23.698 25.645 27.67 29.770 8.102 9.549 11.02 12.578 14.207 15.917 17.713 19.599 09 6.46 7.662 0.892 10.159 11.64 12.000 14.112 15.618 17.006 18.599 2017 211762 23.414 2512 26.620 36.459 47575 75201 12.00 3.654 10.260 11.B 13.816 151704 17.601 20.141 22.550 21.139 22.0 0.840 199 37 40.995 63.209 94.469 199.640 406.30 9.200 10.622 11.028 12.486 13.0211 14.487 15.193 16.65 17.500 10.921 20-101 21.495 22153 2425 261019 22.152 2911 30.224 3D 37.650 41.3 41.666 462016 272 51.160 73.100 84.701 113210 136310 2592060 337110 573.770 U15.00 23.657 25.673 21 COOTEC 17996 14:16 16.722 19.561 22.713 26212 30.093 34.405 39.190 445503 50.396 569 641203 114.010 199.020 50101 1, GOOD 90610 OLIE 21 24 27.975 31.772 30 4052 45.599 51.119 5729 900421 1640 402990 1,600 21.12 30.539 3.066 47.722 66.099 120.000 2000 36.005 95.026 152.670 54.85 79.050 154.760 290.340 200 1. ODO 2.200 3.60 3.360 7.40 9.30 12-26 KE TEGIC Period 120 131 155 161 178 180 100 1 1.000 1.000 1.000 1.000 1.000 12.000 1.000 1.000 2 2.120 2.130 2.140 2.150 2.160 2.170 2.10 2.190 3 1.407 3.440 3.473 3.506 2.539 1.572 3.606 4 2.729 4.050 4.921 4.993 5.066 5.141 5.215 52291 5 6353 6.00 6.610 16.742 5.82 7.014 2.154 6 8.135 8.254 8.977 9.207 9.442 9.683 7 10.009 10.405 10.730 11.067 12.142 1223 B 12.300 12.757 13.23) 13.222 14.20 15.327 15.022 9 14.25 15.416 16.085 16. 17.5119 18.2005 19.000 19.92 19 12.549 18.420 19333 20.304 21:22 22.99 23.521 24/01 11 20.655 21.010 23.045 24.349 25.733 27.200 201155 30.402 12 24.133 25.650 22271 29.002 30.850 32.024 37.100 13 28.029 29.965 2.08 30.353 368206 39.404 49.244 14 32.39 30.863 37581 40.505 43.672 876103 50.00 15 37.280 40.017 47.500 51.660 56110 6065 66.261 16 42.753 46.672 50.900 55.217 6015 72939 12.00 12 53.709 59.110 658075 78.5270 07.00 96.0227 55.750 68.394 75.836 18 93.406 84.141 103.70 115.2170 6.440 19 70749 28.969 88.212 90.603 12.00 0.290 10.170 20 221052 80.947 91.025 102.440 115.380 165.420 130.00 146.630 1330 25 155.620 101.370 212.790 249.210 342.600 292.110 402.040 241110 293200 356.790 $30.010 434.750 30 647.40 790.950 9166.700 40 767.090 101.700 122.000 29.000 220.000 34.506 413210 S529.000 2,400.000,450.500 4,500 217.700 15,090.000 10,1.000 SO 2013.000 11,511.000 20.799 25.99 32.150 39.501 0407 39:16 727035 07.02 105.30 128. 120 154.70 16.690 471.980 3,016900 250 301 1.000 1.000 2.00 3.813 5.266 6.101 8.07 3.043 11.259 12.756 15.073 17.593 19.03 23.00 25.02 32.015 3.253 62.619 421 56.405 34.208 74.327 .69.760 86.94 122.330 109.610 162.290 10.10 210.17 17.640 205.01 211.050 321.520 23.560 403970 342.950 30.120 3,054.800 20.000 3,227200 0,100.000 JO U9.000 12.000 10,256000 165,975.000 900. 45,492.000 Exhibit 1-C Present Value of $1 to Be Received at the End of a Given Number of Time Periods Period NE 19 12 16 0.912 2 3 4 5 6 44 0.962 0.925 0.889 0.835 0.822 0.290 0.760 0.731 0.703 0.676 101 0.909 0.026 0251 0.926 0.0577 0-794 0.73 0.68 120 0.89 0.797 0.712 0.636 0.567 0.502 0.452 0.404 L 2 9 10 11 12 0.990 0.980 0.971 0.961 0.91 0.942 0.933 0.923 0.914 0.905 0.896 0.002 0.079 0.870 0.861 0.853 0.840 0.016 0.820 0.820 0.700 0.742 0.672 0.608 21 0.900 0.961 0.942 0.924 0.906 0.83 0.071 0.853 0.832 0.020 0.004 0.76 0.723 020 0.743 0.720 0.714 0.700 0.66 0.63 0.610 0.552 0.455 0.971 0.943 0.915 0.00 0.86 0.837 0.013 DAL 0.766 0.700 0.722 0.701 0.601 0.661 0.60 0.623 0.605 0.587 0.520 0.554 0.47 0.322 0.30 0.890 0.840 0.292 0.747 0.105 0.665 0.627 0.592 0.558 0.527 0.492 0.469 0.442 0.417 0.394 0. 30 0.952 0.902 0.64 0.821 0.784 0.746 0.711 0.622 0.645 0.614 0.305 0.552 0.530 0.505 0.481 0.258 0.36 0.416 0.96 0.377 0.295 0.211 0.142 0.087 110 0.901 0.012 0.231 0.639 0.593 0.535 0.482 0.414 0.91 0.52 0.12 0.286 0.72 0.700 0.650 0.596 0.547 0.502 0.460 0.422 0.000 0.356 0.326 0.299 0.275 0.252 ON231 0.935 0.23 0.016 0.763 0.71 0.666 0.623 0.582 0.540 0.500 0.673 0.444 0.015 0.30 0.12 02 0.317 082973 0.273 0.256 0.184 0.131 0.067 0.034 0.621 0.564 0.5 0.467 0.624 0.16 0.50 0. 0.296 0.263 0.239 0.210 1 0.625 0.602 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.83 0:540 0.500 0.463 0.429 0.397 0.368 0.340 0.315 0.292 0.220 0.250 0.232 0.215 0.146 0.999 0.046 0.21 14 15 16 0.22 0209 0.18 O10 0.153 0.2537 0.229 0.305 0.103 0.163 0.311 0. 10 19 20 25 30 40 50 0.100 0.164 0.149 0.092 0.057 0.022 0.009 0.194 0.178 0.116 0.075 0.032 0.013 0.10 0.116 0.104 0.059 0.033 0.300 0.200 0.241 0.124 0.074 0.044 0.015 0.005 0.174 0.097 0.055 017 0.228 HTORO COMO 141 176 201 150 0.070 0.756 0.658 0.572 101 0.84 0.71 0.609 0.0 0.694 0.579 500 0.667 0.44 0.296 161 0.862 0.743 0.641 04-12 0.476 0.410 0.354 0.05 0.263 0.227 301 0.769 0.52 0.455 30 0.269 0207 0.159 0.055 0.231 0.624 0.534 0.456 0.390 0.333 0.285 0.243 0-200 0.437 0.370 13 0.885 0.78) 0.693 0.613 0.543 0.680 0.42% 0.376 0.33 0.33 0.261 0.231 0.204 0.101 0.160 0.141 190 0.040 0706 0.593 04499 0.419 0.52 0.29% 0.265 0.209 0.176 0.677 0.769 0.675 0.592 02519 0.56 0.400 0.351 0.300 0.270 0.232 0.200 012 0.160 0.140 0.123 0.402 0.25 0270 Period 1 2 3 4 5 6 7 B 9 10 11 12 13 14 15 16 17 18 19 20 25 20 40 50 0.194 0.162 0.155 16010 ELOHOR 0.432 0.376 0.322 0.286 0.247 0.215 0.187 0.163 0.10 0.123 0.107 0.092 0.001 0.070 0.061 258 0.100 0.640 0.512 0.410 0.-20 0272 0.210 0.18 0.134 0.107 0.006 0.069 0.055 0.044 0.035 0.028 0.023 0.01 0.012 0.012 401 0.714 0.510 0.264 0.260 D. 0.13 0.015 0.000 0.040 0,035 0.025 0.010 0.013 0.009 0.006 0.005 0.003 0.02 0.002 0.001 0.266 0.225 0.191 0.162 0.132 0.116 0.099 0.084 0.07 0.000 0.051 0.043 0.02 0.016 0.007 0.001 0.12 0.130 350 0.71 0.52 0.600 0.01 0.223 0.15 0.123 0.091 0.067 0.050 0.037 0.022 0.020 0.019 0.011 0.000 0.006 0.005 0.003 0.002 0.001 0 0 0 0.132 0.00 0.039 0.03 0.026 0.017 0.012 0.000 0.003 0.003 0.002 0.002 0.001 0.001 0.124 0.104 OOT 0.074 0.062 0.052 0.044 0.037 0.031 0.013 0.005 0.001 0.145 0.125 0.100 0.093 0.000 0.069 0.060 0.051 0.074 0.012 0.0032 0.001 0.056 0.043 0.033 0.023 0.020 0.015 0.012 0.009 0.007 0.005 0.001 0.095 0.081 0.069 0.054 0.051 0.00 0.020 0.009 0.002 0 0.023 0.070 0.065 0.054 0.045 0.0 0.031 0.026 0.010 0.004 0.001 0.111 0.098 0.087 0.047 0.020 0.000 0.002 0.095 0.003 0.02 0.038 0.020 GR005 0.001 0 O 0.004 0.015 0.004 0.001 0.001 O 0 0 D O o O 0 0 0 0 0 0 0 D zon.com. 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Quiz: Chapter Exhibit 1-D Present Value of $1 Received at the End of Each Period for a Given Number of Time Periods (an Annuity) 21 48 0.262 1 Period 1 2 16 0.921 21 0-980 1.9E 2.084 3.000 0.017 1. 111 0.901 1.713 E 10 0.900 1.970 ENO 3.902 4.553 5.795 6.728 7.652 50 0.52 110 2.723 3. 6.30 5.07 5.786 1 21.6274 121 0.89) 1,690 22402 0.926 1.703 2.577 3.312 JA 60 0.943 113 2.57 3.465 4.212 4.917 5582 6.210 6002 2010 7.007 105 0.909 1.736 2.402 3.170 3.791 3.240 COME 5090 4.767 5.309 SER 5:206 5.747 4.1 5.0 5.335 7.225 8.162 8.983 1.102 3.696 4.231 112 S17 5.537 5.09 6.202 3.560 5.5 5.759 6.165 7.100 7722 655 7.024 7.499 0.05 24.960 5.328 5.650 5. 6.100 6.424 1.013 6005 7.161 7.487 4 5 6 7 . 9 10 11 1 13 14 15 16 17 10 19 20 23 0 40 50 6710 7.239 7.536 7.704 3.246 10:55 11.40 121106 12.049 20 21275 3.717 3.630 4.500 6.452 SX417 6.270 6.002 TH020 6.233 7.86 21.45 8.530 8.760 9.954 9.85 10.655 9.966 10.56) 11.33 11.11 12.561 11.052 13.166 12.166 13.754 12.659 14.324 13.130 14.07 120 12.40 1526222 19.600 23.111 1913 25.730 21.482 9.491 101) 11.25 12.134 13.004 13.865 14.218 15.362 6.14 7.103 3.750 1.-150 8.245 9.16 9.899 100 20.00 11.274 11.690 12H B05! 122 9.372 9.604 8.853 9.295 19.712 10.106 10.422 10.825 11.150 11.470 12.2012 13.765 15.046 15.72 B.061 3.21 1344 8.256 8.950 14.292 14.992 35.670 16351 12.522 22.396 22355 31.424 17.276 10.04 22.02 25.000 32.63357 39.196 2.604 7.824 L02 8.301 8.5 0314 9.077 9.427 2267 10.059 10.236 10.32 11.650 12.409 13.232 13.001 7.379 7533 1.702 7.89 7575 8.422 6.974 7.102 7.250 7.366 7.42 28 1.055 6.24 8.304 141094 15.12 10.625 11.250 11.25 9.323 10274 10.7577 1072 03 9.042 10.256 52915 Period 150 ILT 100 0.873 1.647 2.222 131 0.885 1.668 2011 2.974 3.512 201 0.0 1.528 2.100 330 2.741 3209 258 0800 1.440 1.52 2 3 4 5 0.035 1.585 2.210 2.73 1.626 2.203 2.855 3.352 160 D.862 1.605 2221 2.790 3:274 3.65 4.039 4.344 4.607 191 0.040 1.547 20140 2.319 3.050 3.430 1.706. 301 Oh 1.361 101 22166 2.436 2.649 28689 2.951 2.61 7 3.09 4.280 4.639 4.95 5.216 4.423 4.299 5.13 5.626 22220 2015 28501 2.591 2005 2215 5.02 6.15 4.3 4.406 3.2 3.589 2.22 4:07 4.453 4.655 4.835 4.98 5.110 5.229 5.324 5.405 401 501 0.214 0.667 1:224 12389 1.40 1.849 1.605 28035 2.160 1.02 2.2631.883 2.3311.922 2.-1948 2.014 1.965 2.000 2.17 1.990 2.478 2.484 1.995 2.401 1.99 2.492 2.454 1999 5.029 181 0.847 1.566 2.174 2.690 2.122 . 3.011 4:07 4.2003 4.494 4.656 4293 4.910 5.08 2.092 5.162 5.222 5.275 5.316 5.353 5.667 5.517 4.407 42222 5019 5.234 5.021 5.583 5.724 5.47 5.50 6.002 4.12 4:22 6.122 ENS 0915 3.650 12 3.700 3.824 3.859 4.715 4.802 4.076 4.9 6.102 9 10 11 12 13 14 15 16 17 10 19 20 25 30 40 50 2.735 2.759 2.816 2.825 3.147 3.190 3.223 3.249 1.200 3.282 3.295 6.604 6.729 6.840 6.938 2.025 2.840 2.660 5.342 6.002 602 6.265 6.373 6.467 6.550 6.623 6.07 2003 3.105 3.575 5.666 5.789 5.0 4.67 4.730 4.775 4.312 4.00 4.1110 5.1534 5.584 5,621 5.766 3.210 3.920 3.942 3.954 3.505 1.995 2.850 6.259 6.464 6.566 5.0: 5.070 5.101 5.195 5.25 5.250 2.262 5.929 6.022 6.177 6.233 6.246 3.31 1.16 23 3.332 3.3 4.99 7.496 2.634 7.675 1.999 2.000 2.000 2.000 2.000 2.49 2.500 22.500 21.500 2.057 5.071 3.10 6.661 5:554 4.000