You decide to deposit $800 at a local bank for three years at a 2% rate of interest What is the future value of your investment? Draw a timeline to ilustrate the problem Interest is compounded annually (Click the icon to view the Future Value of 51 table) (Click the icon to view the Present Value of S1 table) Click the icon to view the Future Value of an ordinary Annuity table) (click the icon to view the Present Value of an ordinary Annuity table) (Click the icon to view the Future Value of an Annuity Due table.) Click the icon to view the Present Value of an Annuty Due table) What is the future value of your investment? (Use the present value and future value tables, the formula method, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method use factor amounts founded to five decimal places, XXXXXX. Round your final answer to the nearest cont sXXX) The tuture value of your investment is Periods Future Value of $1 194 2% 394 4% 15% 6% 7% 3% 994 Period 01000 102000 103000 104000 TOSCOC106000 107000 108000 109000110000111000 112000 10% 119 12% 13% 15% 16% 11 1.13000 1.14000 1 15000 1.16000 1.170 Period 1.02010040401.06090 1.08760 1025 112560 1.144 1.16640 1.18010 121000123210 125440 127690 1.29960 132250 1 34560 1.368 Period 1.030301051211092731243611576319102122504125971 129503133100 13763140490 144290 148154 152088 156090 1601 Period 104060108243112551 1.16906121551 125248 131080136049 141158 46410 1.51807 157352 163047 1 68896 174901 181054 5873 Period 1051010 1040815927 1.21665 127628 133823 140255145903 159862 161051 1.68506 1.76234 1 84244 192541 201135 2.10034 2192 Period 1051521.128161194051 26532154010141852150073 158687 167710 177156 1.87041 1 97382 208195 2.19497 231306 243640 2565 Period 1.07214.48691 22987131593407101500631605781 171382 182804194872 207616 221050 235261 250227 268002282822 Period 1.0620617160129577135857 1.47746159305 71819 185093 199256 2.14359230454 24759 w 265844 285259 J05002 3278491 3511 Period 1 09369.19509130477142331 155133168940183846 199900217189235795255004 27730 300104 3.25195 3.51786 3 80200 4108 Period 1045212189034392 1480241628007908596715 215092235730 253374280942 31050 110 33451 370722 404556 441144 4806 Period 115671243371 3823153945171034 169830 2.10485 233164258043285312 3.15176347855 11 383588 422623 455236 511726 5623 Period 1.12681253241 4257616010379586) 201220 2252192518171 281266 3.13843 349045 38959 12 433452 481790 535025 590603 6580 Period 1.38091 29361 46253166507188565213203240345271962 30850 345221388328 436340 498011 549241 6.15279 13 688579 7.898 Period 1 149413191 51256173160197990226090257853290719334173379750 431044488711 559475 625135 7.07571 798752 9.007 14 Period 16097458755797130094207893239656275900 317217 36424841772473459 5473571 625427 7.13794 815706 926552 10538 3.001 Future Value of an Ordinary Annuity 28 Periods 19 Future Value of an Ordinary Annuity 39 4% 5% 6% 72 8% Period 1.00000 100000 100000 100000 100000 100000 100000 9% 10% 11% 12% 13 1494 15% 1.00000 100000 1.00000 100000 1.00000 1.00000 100000 1.00000 Period 201000202000 20000 20000 205000 20000 207000 208000 2 209000 210000 211000 212000 213000 2. 14000 2 15000 Period 3.03010 3.060403090903.12160 3.15250318360 321490 3.24640 3 327810 3.31000 334210 3.37400 3.40590 3.43960 347250 Period406040 412161 4.18963424646 431013 437462 443994 450511 4.57313 454100 470973 477933 484980 492114 499330 Period 5 10101 5.20404 5.30914 541632 5.52563 563709575074 5 586650 5.98471 6 10510 6 22780 6.35285 6.48027 661010 6.74230 Period 6 15202630812 6.46841 6.63290 680191 697532 715329 7.335901 7.52333 7.71561 791206 811519 832271 6 850552 875374 Period 721354743428 76624729829 8.142011839384 865402 8.92280 7 9.20043 9.48717 978321 10 08901 1040466 10.73049 11.06680 Period 828567858297 8892349.21423 954911 9897471025900 10.63663 1102847 11.43589 11 85940 1229969 1275728 1323276) 1372604 Period 935853 9.75463 10.159111058200 11.02656 1149132 11 97799 12.48750 1302104 13.57948 14 16197 1477566 1541571 18.SI 1678584 Period 10 46221 10 949721146380 12.006111257700 1318079 13816491448656 15.192901 1593742 1672201 17 54874 10 18 41975 1933730 20 30373 Period 11.56680 12 16872 12 80780 13.49635 1420579 1497164 1578360 16.54549 17 56029 1853117 19 56143 2065458 11 2181432 2304452 2434920 Period 1268250 13 4120914 19203 15 02581 15917131636941783845 18977132014072 21354202271319 24 13313 2559018 27.27075 29.00167 12 Period 13 80933 14.680331561771662684 17712901888214 2014054 21.49530 2295308 24 52271 252164 20 0291 2998470 3208365 34 35192 13 Period 14 94742 15 973941700632 18.29191 19.59050 210150722 55049 2421498 2001919 27 97490 30.094923239260 3488271 37581071 4050071 14 Period 16 09090 17 2904218.59091 2002358 21 57858 23 27597 25.12904 2715211 29 36092 3177243 3440536 37 27971 4041745 4384241 4750041 points Future Value of an Annuity Due @ - 5% Periods Future Value of an Annuity Due 15 2% 3 44 5% 6 7% 8% Period 101000 102000 103000104000 105000 106000 107000 9% 104 114 124 1394 14% 15% 108000 109000 1 10000 111000 1.12000 1.13000 1 14000 1.15000 Period 20301020604020909 2.12150215250218360) 221490 2 22640 227810 231000 234210 27440 240690 243960 247280 Period 306040 3.12151 318363 324646 3.31013337462 343994 350611 3.57313 364100 3.70973 3.77930 3.84930 3.92114 3.99833 Penod 410101 420404430914441632 452563463709475074 4,86660 498471 510510 522780 $35285 548027 561010 574230 Period 5.15202 5.30812546841563298580191 5.97532615325 533599 5 652330 671561 691286 711519 7.32271 7.53552 7.75374 Period 621354 644428 5.06246896287.14201 7393947.65402 7 9220 820043 8.487171 8.78227 908901 9.40466 973043 1006630 Period 728567 758297 789234 6.21423854911389747925000 9,63663 10 02147 1043580 1085940 11 29669 1175724 1223276 1272682 Period 35853875463 9.15911958200 10.02650 1049132 10.97799 11.4879612021041257948131832 13.7750 8 14 415711 15 08535 15.70584 Period 946221 99497210438211005111157700 12. 18079 1281545 1340654 14 1280 1490121572201 16.54874 1741975 18.33730 19 303721 Period to 16311.15872 11 800 124351320679 139711470350 15 54548 15 56029 1750117185614 19 6545 10 2081432 2204452 2334920 Period 110250241200 13:15203 1402581 1491713 15.06914 15.0 1797713 19.40721 2020 21.71378 23.1.2018 11 2265010 28 27075 2100167 Period 12300301302033146177915.624 16.71290 1721 19.4064 204530 2795338 23 222 2321164 2702971 20470 3108065 12 33.35198 Period 13.4742 1497394160317.29191 10.500 2001502215042321493 25.01975 29722209031.39250 3320 35 58102 13 3950171 Periods 09 16 23542175981 19.0235020 STESC 222759924129022615211 280 30.77243 33.405363627971 14 02.04M 46.5800 Period 1625780 17.63924 19.15684 20 2450 2265742457253 25 88029324093200340 34.4973 3818995 4175328 4557175 49 90035 547114 > 28.33%, 14.17 of 50 points Present Value of $1 16% Present Value of $1 Periods 2% 3% 4% 5% 5% 7% 8% 9% 10% 11% 124 13% Period 10.99010 0.98009 0.97087 0.96154095238 094340 093458032583091743 OSO90S0.90090, ES20633496 0877191 0.86957 0.85207 0.65470 084745 14% 15% 17% 18% Period 20.9803096117 094250 0.92458 090703069000087344 085734 0341680 B2545 0.81162079719 0.78315 0.76947 075614 074316 073051 071818 Period 3 097058 094232 091514 0889000 86384 083952 081630079383 077218 0.75131 073119 071170089305067497 0657520.54066 062437 050053 Period 40.96098 092380848490354806822700.79209 076280 0,73503 070323 058301065873 063552061332059200057175 0.55229 053355 051579 Period 5 10 95147 090573096261 082193 078353 074726 07129905805805498 062094059345055745054276 0519371 049718 047611) 045611 0.43711 Period 669420608879708374879031 074622 070495056634 0.63017 05962 0.56447053454 050665048032 0.45558 043253 041044 0.38954037063 Period 7 093272087056 081309 075992 0.71060066506052275 0.5834054703 051316 0.43156 045239 042506 099954 0.37594 0.3538033320031393 Period 8 092348 0.85349078941 073069067584 062741 058201 054027 05010005651043999 040350037616 035056 0.32690 030503028478 026604 Period 90914340 83676078642070255 064461 059190054390 OSOOS 04800 043410039092035051 033288 030751020425 025295 020340 022546 Period 10 0.90529082035074609 067556061391 055809 050835 046319 042241 0.33554035218 0.32199 029459 0.26974 020718 022668 020004 0.19106 Period 110.89632080426 072242 0.64958058468052679 0.47509 042880038753 035043031728 0.28743025070 023662 021494 0.19543 0.17781 016182 Period 120 38745 0.78849 070138 062490 055684 049697044401039711 0.35553 031853 020584025568023071 020756010691) 0.16846 0.15797 013722 Period 13 087866077303 0.68056 060051 0.53032046834 041496036770032618 020966 025751 022917 020416018207 0.16253 0.145230.12909011529 Period 14085996075788 0.66112 057748 0.50507 44230038782034046 02992502530 023199 020452 018058015971 014133 0.12520 0.11102 0.09855 Period 150 98135674301 054136 055526048102041727 0.38245 031524 027454 0239390209000182700.15069014010 0.122890 10793009409 0.00352 Period 16085282 072345 062317| 053391 0.45411 0.39365 03387302910025187 021763 0.18828 016912 0141500122800.10686009304 0.00110 0.07078 Period 17094438 071416 050502051337043630 037136 031657 0.27027 021107019784016963 016564012522 0.10780009290008021006932005998 Period 18083602 070016 058739 049363041552035034029506 0250250 21199 0.17996 015202 0.13004 0.11031009456 0.00001 0.0691400592 0.05083 Period 19082774058543 0570204464039573 0.33051 027651 023171 0.19449 016351 0.137600.11611009006008295007027005961 005054 004308 Period 200819540.57297 055364045638 0.37589 031180025843021455017843014864 0.124030 10387 008678007278 0.06110005139004328 003551 Period 250.7797 60953047761 037512029500 0 233000.18425 0.1460210.11597 009230007361 005004710 003775003038/ 002447 01974 001596 Period 30 0.74192 0.55207 041199 030832 0231580 17411 0131370 09930007537 005731 004368 0.03332002557001963 001510 0.0116 0.00900 0.00897 Period 350.70591050003035538 0253420.18129 0.13011 0.0936 0.08763 04899 003558 002592 0.0184 001388 0.01018000751 0.00555000411 0.00305 Period 400 67165045289030656 0.208290 14205 009722 0.06678004603 003104002200 001538 0.01075 000753 0.00520000373 000254 090187 000133 Period 4506905041020 026444 0.07120 0.1193000728004761003139 0.02050001372 0009130.00510 0.00400 0.00275 OD0106 0.0012 0.0000 0.00058 Period 50 1060804037153 022811 0.14071 0672l 0.0542 009 002132 0013451 0.008sal 0.005421 0.0034 0000143 0.0002 0000000000000025 ACE of 50 points Present Value of an Ordinary Annuity - 10% Present Value of an Ordinary Annuity Periods 1% 2 3% 4% 54 54 7% 8% 99 11% 124 13% 14% Period 10.99010 0.98039 097087095154 0.95239, 0.94340 093456 090593 091745 090909, 0.90090085286088498 0.57719 088057 0.85207 0.85470 0.34745084 15% 16% 17% 18% Period 2 197040 194156 191347 158509 185941 1.83339 180802 178326 1.759111735541712521690051 66810154666 162571 160523158521156564154 Period 3 294099 288388 282861 277509 272325267301 26232 257710 253125243665 244371240183 236115232163) 226323 2245092 20956 217427213 Period 4 3.90197 3807733.71710 3.62990 354595346511 338721 3.31213 3.739723.16987310205 3.03735 297447291371 285498 2.79818 274324 269006263 Period 5 485343 471346 457971 4.451824324421236 410020 398271388969 3.790783.69590360472 3.51723 343008 3.3521632742919999 312717305 Period 6579548 560140541719 524214 5.07560491732 475654 46228844859235526 423054 4.11141/399755360057 3.78448 353474558918349760340 Period 76.72819 647199 623028600205578632558234 530923 5 20637 50329540542 4712204563754 42261420830 4 18012403857 3.92238 381153 370 Period 8 7 65168732548 70196 6.73274 6.48321 620979 5.97130 5.74664 553482533495 5.14612495754479877 4.63596 448732, 434359 420716407757395 Period 9 85602816224 27861 743538 71078 6.80165 651523624699 5.99525 5.75900553705 532825 5.13166 494637 477158460654 445057 430302 416. Period 10 9.47130898259 8.53020811090 7.721737.380097023586.710006417866.144575.80923 565022542524 521612 501877483323465060449409433 Period 11 10.36763 9 70685 925262 8.76048 830541 789587 7490577.13896680515 6.495086 2082 5.93770568694545273 523371 5.02064483541455601443 Period 12 1125508 10.57534995400938507 8.66325838334 794269, 753608 7180756.81309 64923861943591765 566029 542062519711 4.98839479322451 Period 13 12.13374 11 34837 1063496 9.985859.39357 8.8526835767.903787486907103386.749876423556 12161584236 5315 5.34233 5.11828 490951471 Period 1413.00370 12 10625 11 29607 10 56312989954 9 29490 8.74547 32424 7.73615 730 6.981976.628776.30249600207572440546753 5229305 000064.80. Period 15 13.86505 12.84925 1193794 11.11808 10:37900 9.71225810791 8550408060760608 7.19087681008646238 6.54217 584737 55754653247 5.09158487 Period 1614717871357771 12.56110 11.65230108377 10 10500 94005885137831256782371737916697399 6.80040 6.25506 595423 56600 S 4052516235493 Period 17 15 562251429187 13.16612 12 16567112740710477249.783229.12164 8 03802155 754875 7199606.729096.37206 6.04716574870347461 522233498 Period 18 163982714.9920 13 75351 12659301168950 10827601005909.3718 875563620141 770163 7249676.639915674512797581705 5533 527316503 Period 19 172250115 678481432300 1313394 12 0532 11158121033560980390 895011835407839973857860755037619623 587746558449 5315245071 Period 201804555 16351431487747 13 590391266221 11 489910594098181512059 851358756333748944702479652313 625933 592604562777535275 5.10 Period 25 22 0231619 5234617413151552200 1409094127839511 553501067478982250907704841747032990687280645415605700 570023 5456915 19 Period 30 25 3077122.3954619.60044 17 29200 15 372413754301240904112577273659.42691 869378805510749565700256 656590517720 512909551601523 Period 35 29 40852499962 2148722 1896451 16.37419 449829 1294757 16545150633 954403855248.175258557770 581550 521534 535820555862 525 Period 40 32 34692735548 23 11477 19792771215909150463013 3317111904510757359.77905 8.95105020707.6343010504 564178 5.23350587135554815525 Period 636 0945129.49016 24 51871 2072004 17.77407 15.45583 13.50552 12.10940|1088120906281300791828252766086712322665429 624214 587733555252525 Periods 30195121423811252297 214121 122 15 76131221degraat 76753212 S205 sels 28.33%, 14.17 of 50 points de pa Present Value of an Annuity Due ( ati seri e fu Present Value of an Annuity Due Periods 19 28 3% 4% 54 6% 7 8% 9% 10% 1194 1294 139 14% 159 Period 11.00000 100000 100000 100000 100000 100000 100000 100000 100000 1.00000 100000 100000 10000 100000 100000 100000 100000 10000 100 16% 17% 18% Period 2 19901019000 197087 196154 195238 1.94340193458192580191743 1.090 1.90090 189206 180496 1.877191359571852071.85470147461.86 Period 3 297040294156 291347 282509 285941 283339 280802 2.78325 279911 273554) 271252 269005256810264666 262571 260523 258521256564 254 Period 4 394099 3.88388 382861 3.7750937232367301 362432 3.57710 353129 3.48685344371340183 3.36115 3.321633 283233.24093209583 174273.13 Period 5 490197 480773471710452990454595 445511 438721 431213423972 4169874 10245403735 3.97447 3.91371 3.85493790183743243690063.633 Period 6585343 571348 557971 545182 532943 521236 5 10020 499271 488965 479075 4.69590 460470 451723 4.433064352164274294.199094.127174057 Period 7 679548 660149641719 6242146.07589 591732 570654 5.6228 548592535525 523054 5.11541 499755466367 4.73443458474450918449750 4.400 Period 8772819 747199 723028 7.00205 678637 6.5824638925 620637 6.03295 586342 5712205563765.42261 5.288305160425.038574922304811534705 Period 98651688.32548 8.01969 7.73274 746321 720979 697130674664 653402633493 6.14612 5.967645.79877563886 5 487325343565207165077574954 Period 10 9.56602 916224878611 8.43533 8.10782780169751523 724609 6.99525 6.75902 653705 6.328296.131665.94637 5.771585606545.450575303025160 Period 1110.4713099825 9 53020 9. 11090 8.721738.360098023507.71008741756 7.14457 680923 6.65022 6 42624621612 6018775.833235.65060 5494055338 Period 1211.367631078685 10 25252 9.76048 930541 888687 8.49067 8.13896780519 7.49508720552 6937706685946452736233716.028645836415656015486 Period 131225508 11.575341095400 10 38507 9.86325 9383848942698536088160737.813697492367.19037 6.91765 6.66029 642062 6.19715900395793225610 Period 1413.13374 12 34837 11.6349610 9856510 39357985268 935765890378848690 10336 774907 7.42355 7.12181654236 6.580156342336118285909515.714 Period 151400370 13.106212.29907 11 5631210.89864 10.29490974547 924424 873615 8.366697.90187 7.526177302497 00207 6.724486457536229306006085804 Period 161436505 13.84926 12.99794 12.11839.11.379661071225 10.10791 9559439.05069 8606088190877810067 462307.14217684737 6575466.32419 5.091585875 Period 17 15.71787 14.57771 13 5611012652301183777 11 10500 10446659851379312566 82371837916797397603807 26508 6.95423656850/6 4052861523515937 Period 18 15.5622515 29187 14 1661213 16567 12 2740711.4772610.76322 10.12164 954353 902155 154879811965 7729097.37205 7047166748706.47466 222395.906 Period 19 173982715.98203147535113 6593012689591182760 11059091037109 975563920141 870162 8.249677339917457427127976017356 533856 273156.030 Period 20 182260116.6784815323801413394 13.08531215812 1133560106036045011 9.36492383308367783797 755037719323/ 877466584486.316245.07 Period 25 22.243391991390179355416 248961479864 13 55036 12.460331152875 10.70561 9984749481475282828280514/7.43377707263/674545645095 180 Period 30260557922 3443820108451798371161410714550721327771215841 1110201038061 9650119021814700970304755068716655682030/6.509036 228 Period 35297028712549858 22 1313419 1120 17 19290153581413 854011259931151784 10809579.029329 15656852170059057809072097058540/6 535576248 Period 40 53 16300 275025023 808222058440100170415949071426499128705011725521075696 2.9356723905 626009975/7638057 2055689466545825 257 Period 456 45545300799425254272454884 18.05277|1638318145579113 07707113005110 84000992764285870612047705247240096.875476.551705266 Perindossava 241471914707571421216 0412MM DATARATAS