Using table A.2, determine the following future values: 1. $10 000 invested at the end of each
Question:
Using table A.2, determine the following future values:
1. $10 000 invested at the end of each year for 5 years at 12%, compounded yearly
2. $5000 invested at the end of each 6 months for 5 years at 8% per year, compounded half-yearly
3. $2500 invested at the end of each 3 months for 5 years at 10% per year, compounded quarterly.
Data from in Table A.2
Transcribed Image Text:
Periods 12345 2 3 5 6 679 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 2% 1.0000 2.0200 3.0604 4.1216 5.2040 6.3081 7.4343 8.5830 9.7546 10.9497 3% 1.0000 2.0300 3.0909 4.1836 5.3091 4% 1.0000 2.0400 3.1216 4.2465 5.4163 5% 12.1687 12.8078 13.4864 13.4121 14.1920 14.6803 15.6178 15.9739 17.0863 17.2934 18.5989 1.0000 2.0500 3.1525 4.3101 5.5256 6.4684 6.6330 6.8019 7.6625 7.8983 8.1420 8.8923 9.2142 9.5491 10.1591 10.5828 11.0266 11.4639 12.0061 6% 1.0000 2.0600 3.1836 4.3746 5.6371 6.9753 8.3938 9.8975 11.4913 12.5779 13.1808 14.2068 14.9716 15.0258 15.9171 16.8699 16.6268 17.7130 18.8821 18.2919 19.5986 20.0236 21.5786 21.0151 23.2760 8% 1.0000 2.0800 3.2464 4.5061 5.8666 7.3359 8.9228 10.6366 12.4876 14.4866 16.6455 18.9771 21.4953 24.2149 27.1521 10% 1.0000 2.1000 3.3100 4.6410 6.1051 7.7156 9.4872 11.4359 13.5795 15.9374 18.5312 21.3843 24.5227 27.9750 31.7725 12% 35.9497 40.5447 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 20.6546 24.1331 28.0291 32.3926 37.2797 16% 42.7533 48.8837 55.7497 63.4397 72.0524 1.0000 2.1600 3.5056 5.0665 6.8771 8.9775 11.4139 14.2401 17.5185 21.3215 30.3243 33.7502 18.6393 20.1569 21.8245 23.6575 25.6725 20.0121 21.7616 23.6975 25.8404 28.2129 23.4144 25.6454 28.1324 30.9057 25.1169 27.6712 30.5390 33.7600 33.0660 21.4123 37.4502 45.5992 22.8406 41.4463 51.1591 98.6032 24.2974 26.8704 29.7781 36.7856 45.7620 57.2750 115.3797 32.0303 36.4593 47.7271 54.8645 73.1059 98.3471 133.3339 249.2140 41.6459 56.0849 66.4388 79.0582 113.2832 40.5681 47.5754 164.4940 241.3327 530.3117 25.7329 30.8502 36.7862 43.6720 51.6595 60.9250 71.6730 84.1407 20% 1.0000 2.2000 3.6400 5.3680 7.4416 9.9299 12.9159 16.4991 20.7989 25.9587 32.1504 39.5805 48.4966 59.1959 72.0351 87.4421 105.9306 128.1167 154.7400 186.6880 471.9811 1181.8816
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Related Book For
Financial Accounting
ISBN: 9781118608203
9th Edition
Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie
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