Your grandmother just gave you $5,000 You'd like to see what it might grow to if you investit a. Calculate the future value of $5.000 given that it will be invested for 5 years at an annual interest rate of 8% b. Recalculate part (a) using a compounding period that is semiannual (every six months) c. Now let's look at what might happen if you can invest the money at an annual rate of 16% rate rather than a 8% rate, recalculate parts (a) and (b) for an annual interest rate of 16% d. Now let's see what might happen if you invest the money for 12 years rather than 5 years: recalculate part (a) using a time horizon of 12 years (annual interest rate is stil 8%) Click on the table icon to view the FVIF table a. Calculatae future value of $5,000, given that it will be invested for 5 years at an annual interest rate of 89 If you invest for 5 years at 3% annually, the future value is Round to the nearest cont %5 10" 20% 1 1 1 20 2 1630 2% 3% 4% 5% 7% 8% 110101020 10.30 1040 1.050 1.060 1070 1080 1.090 210201040 1061 102 103 1120 1.1451166 1188 31.030 1061 1093 1125 1 150 1191 12251260 1.295 1.041 1 082 1.1261170 1216 1.260 1.311 1.360 1412 5 1.051 1104 1159 1217 1270 1338 1403 14691539 5 1.052 1.129 1.194 1265 1340 1.501 1567 1.677 T 1.072 11491230 1.316 1407 15.00 1606 1714 1828 8 16.172 1257 1.369 1.47 1594 1/18 1.851 199) 9 1094 1.195, 1305 1423 156 1.639 1038 1.999 2172 101 105 12191304 1.400 1620 1967 2.150 2357 11111612431384 1.60 1710 1098 2 10923 250 121127 120 120 1601 1796 2012 2.252 2.5102013 131 130 129 1.469 1665 1004 2.133 2410272 3066 141.149 139 1.513 1732 1900 2261 2575290 3342 15116111 0011207522793172 2 1173 3 160 17218240205317 Compound Sum of S1 (VIE) 11% 12% 13% 14% 1100 1.110 1120 1130 1.140 1 210 1.232 1254 1277 1.300 1331 1 368 1405 1443, 1482 1.464 1.510 1574 1.689 1.511 1.689 1.762 1842 1.525 1.772 1870 1.974 2002 2195 1945 2076 2211 2353 2502 2144 2305 2470 2656 2853 2:50 2550 273 37004 3.252 2594 2.090 3105 3396 3 707 2 353 3152 3474 3.836 4226 3.130 3 ad 3.09 4.335 4018 3.450 3.86 436) 4. 5.92 327 13 4.86 5535 201 4.17 170 5474 6256 700 15951 5011 70677 35 15% 1150 1323 1521 1749 20111 2313 2660 3055 3510 4046 4,652 5360 6 15 701 3133 1 16% 1.160 1316 1.561 1 811 2.100 2436 2826 3.270 3.300) 281 5117 5.90 17% 1.170 1 369 1602 1874 2 192 2565 3.001 3510 1108 4807 5.624 6 500 7699 9001 10.500 12330 1180 1 392 1643 1939 2208 2.700 3.185 3.759 435 5231 15% 1190 1416 1 685 2005 2386 2.840 37379 1021 1785 5595 6.777 0.054 9696 11020 1530 15 1721 5.1 17 617 TE 728 1960 859 10 14 1197 TEN 106 12.00 15:40 TH 9200 10