Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your...

   

Transcribed Image Text:

Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Term of Interest Compounded Present Value Amount Investment $22,000 6 years Nominal Rate (%) 4 semiannually $ $ Compound Interest Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Term of Present Value Compound Interest Compounded Amount Investment Interest annually $600,000 10 years Nominal Rate (%) 4 $ tit $ 1% 2% 0.99502 0.99010 0.98522 0.98039 0.99007 0.98030 0.98515 0.97059 4 0.98025 0.96098 5 0.97537 0.95147 Periods 1 2 3 67999 8 10 11 0.94661 0.89632 12 0.94191 0.88745 13 14 15 16 17 18 19 20 0.97052 0.94205 0.96569 0.93272 0.96089 0.92348 095610 0.91434 0.95135 0.90529 21 22 23 24 25 3% 4% 5% 6% 7% 8% 0.94340 0.93458 0.92593 0.97087 0.96154 0.95238 0.97066 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.95632 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.85480 0.82270 0.79209 0.76290 0.73503 0.82193 0.78353 0.74726 0.71299 0.68058 0.94218 0.92385 0.88849 0.92826 0.90573 0.86261 0.92330 0.91871 0.91414 0.83602 0.90959 0.82774 0.90506 0.81954 0.91454 0.88797 0.90103 0.88771 0.87459 0.86167 0.84893 0.83639 0.83748 0.87056 0.81309 0.85349 0.78941 0.83676 0.76642 0.82035 0.74409 0.85282 0.78803 0.84438 0.77639 0.80426 0.78849 0.93722 0.87866 0.82403 0.77303 0.93256 0.86996 0.81185 0.75788 0.66112 0.92792 0.86135 0.79985 0.74301 0.64186 0.72845 0.71416 0.76491 0.70016 0.75361 0.68643 0.74247 0.67297 0.72242 0.70138 0.68095 0.63017 0.79031 0.74622 0.70496 0.66634 0.75992 0.71068 0.66506 0.62275 0.58349 0.73069 0.67684 0.62741 0.58201 0.54027 0.50025 0.70259 0.64461 0.67556 0.61391 0.90056 0.81143 0.73150 0.65978 0.89608 0.80340 0.72069 0.64684 0.89162 0.79544 0.71004 0.63416 0.88719 0.78757 0.69954 0.62172 0.49193 0.88277 0.77977 0.68921 0.60953 0.47761 0.64958 0.58468 0.52679 0.47509 0.42888 0.62460 0.55684 0.49697 0.44401 0.39711 0.53032 0.46884 0.50507 0.44230 0.60057 0.57748 0.55526 0.48102 0.53391 0.45811 0.51337 0.43630 0.62317 0.60502 0.58739 0.49363 0.57029 0.55368 0.59190 0.54393 0.55839 0.50835 0.46319 0.39365 0.33873 0.29189 0.27027 0.37136 0.31657 0.41552 0.35034 0.29586 0.25025 0.47464 0.39573 0.33051 0.27651 0.23171 0.45639 0.37689 0.31180 0.25842 0.21455 0.53755 0.43883 0.52189 0.42196 0.50669 0.40573 0.32557 0.39012 0.31007 0.37512 0.29530 0.41496 0.36770 0.38782 0.34046 0.41727 0.36245 0.31524 0.35894 0.29416 0.24151 0.19866 0.34185 0.27751 0.22571 0.18394 0.26180 0.21095 0.17032 0.24698 0.19715 0.15770 0.23300 0.18425 0.14602 Periods 1 2 3 4 5 66619 8 10 11 12345 16 17 18 19 20 21 22 23 24 25 10% 12% 16% 17% 15% 18% 0.86957 0.86207 0.85470 0.84746 I 2 0.75614 0.74316 0.73051 0.71818 Periods 9% 11% 13% 14% 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 5 0.64993 0.62092 0.59345 0.56743 0.54276 0.51937 3 4 0.49718 0.47611 0.45611 0.43711 0.38984 0.37043 0.31393 6 0.59627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 7 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 9 0.46043 0.42410 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 0.22546 10 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 8 0.20804 0.19106 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 0.38753 0.35049 0.31728 0.28748 0.35553 0.31863 0.28584 0.25668 0.32618 0.28966 0.25751 0.22917 0.23199 0.20462 0.23939 0.20900 0.29925 0.26333 0.27454 0.18270 0.25187 0.21763 0.18829 0.23107 0.19784 0.21199 0.17986 0.19449 0.16351 0.17843 0.14864 0.16370 0.13513 0.15018 0.12285 0.13778 0.11168 0.12640 0.10153 0.11597 0.09230 0.16312 0.14564 0.13004 0.13768 0.11611 0.12403 0.10367 0.16963 0.15282 0.26070 0.23662 0.21494 0.19542 0.23071 0.20756 0.18691 0.16846 0.20416 0.18207 0.18068 0.15971 0.14133 0.15989 0.14010 0.12289 0.14150 0.12522 0.12289 0.10780 0.11081 0.09806 0.08678 0.07276 0.11174 0.09256 0.07680 0.10067 0.08264 0.06796 0.09069 0.08170 0.07361 0.09456 0.08295 0.17781 0.16192 0.15197 0.13722 0.11629 0.07379 0.06014 0.04911 0.06588 0.05323 0.04308 0.05882 0.04710 0.03779 0.16253 0.14523 0.12989 0.12520 0.11102 0.09855 0.10793 0.09489 0.08352 0.10686 0.09304 0.09293 0.08021 0.08110 0.07078 0.06932 0.05998 0.05925 0.05083 0.08081 0.06914 0.07027 0.05961 0.05064 0.04308 0.06110 0.05139 0.04328 0.03651 0.04430 0.06383 0.05313 0.03699 0.03094 0.05599 0.04620 0.03819 0.03162 0.02622 0.04017 0.03292 0.02702 0.02222 0.03493 0.02838 0.02310 0.01883 0.03038 0.02447 0.01974 0.01596 Periods 1 2345 2 67890 DHS 28 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Term of Interest Compounded Present Value Amount Investment $22,000 6 years Nominal Rate (%) 4 semiannually $ $ Compound Interest Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your answers to the nearest cent. Compound Term of Present Value Compound Interest Compounded Amount Investment Interest annually $600,000 10 years Nominal Rate (%) 4 $ tit $ 1% 2% 0.99502 0.99010 0.98522 0.98039 0.99007 0.98030 0.98515 0.97059 4 0.98025 0.96098 5 0.97537 0.95147 Periods 1 2 3 67999 8 10 11 0.94661 0.89632 12 0.94191 0.88745 13 14 15 16 17 18 19 20 0.97052 0.94205 0.96569 0.93272 0.96089 0.92348 095610 0.91434 0.95135 0.90529 21 22 23 24 25 3% 4% 5% 6% 7% 8% 0.94340 0.93458 0.92593 0.97087 0.96154 0.95238 0.97066 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.95632 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.85480 0.82270 0.79209 0.76290 0.73503 0.82193 0.78353 0.74726 0.71299 0.68058 0.94218 0.92385 0.88849 0.92826 0.90573 0.86261 0.92330 0.91871 0.91414 0.83602 0.90959 0.82774 0.90506 0.81954 0.91454 0.88797 0.90103 0.88771 0.87459 0.86167 0.84893 0.83639 0.83748 0.87056 0.81309 0.85349 0.78941 0.83676 0.76642 0.82035 0.74409 0.85282 0.78803 0.84438 0.77639 0.80426 0.78849 0.93722 0.87866 0.82403 0.77303 0.93256 0.86996 0.81185 0.75788 0.66112 0.92792 0.86135 0.79985 0.74301 0.64186 0.72845 0.71416 0.76491 0.70016 0.75361 0.68643 0.74247 0.67297 0.72242 0.70138 0.68095 0.63017 0.79031 0.74622 0.70496 0.66634 0.75992 0.71068 0.66506 0.62275 0.58349 0.73069 0.67684 0.62741 0.58201 0.54027 0.50025 0.70259 0.64461 0.67556 0.61391 0.90056 0.81143 0.73150 0.65978 0.89608 0.80340 0.72069 0.64684 0.89162 0.79544 0.71004 0.63416 0.88719 0.78757 0.69954 0.62172 0.49193 0.88277 0.77977 0.68921 0.60953 0.47761 0.64958 0.58468 0.52679 0.47509 0.42888 0.62460 0.55684 0.49697 0.44401 0.39711 0.53032 0.46884 0.50507 0.44230 0.60057 0.57748 0.55526 0.48102 0.53391 0.45811 0.51337 0.43630 0.62317 0.60502 0.58739 0.49363 0.57029 0.55368 0.59190 0.54393 0.55839 0.50835 0.46319 0.39365 0.33873 0.29189 0.27027 0.37136 0.31657 0.41552 0.35034 0.29586 0.25025 0.47464 0.39573 0.33051 0.27651 0.23171 0.45639 0.37689 0.31180 0.25842 0.21455 0.53755 0.43883 0.52189 0.42196 0.50669 0.40573 0.32557 0.39012 0.31007 0.37512 0.29530 0.41496 0.36770 0.38782 0.34046 0.41727 0.36245 0.31524 0.35894 0.29416 0.24151 0.19866 0.34185 0.27751 0.22571 0.18394 0.26180 0.21095 0.17032 0.24698 0.19715 0.15770 0.23300 0.18425 0.14602 Periods 1 2 3 4 5 66619 8 10 11 12345 16 17 18 19 20 21 22 23 24 25 10% 12% 16% 17% 15% 18% 0.86957 0.86207 0.85470 0.84746 I 2 0.75614 0.74316 0.73051 0.71818 Periods 9% 11% 13% 14% 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 5 0.64993 0.62092 0.59345 0.56743 0.54276 0.51937 3 4 0.49718 0.47611 0.45611 0.43711 0.38984 0.37043 0.31393 6 0.59627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 7 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 9 0.46043 0.42410 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 0.22546 10 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 8 0.20804 0.19106 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 0.38753 0.35049 0.31728 0.28748 0.35553 0.31863 0.28584 0.25668 0.32618 0.28966 0.25751 0.22917 0.23199 0.20462 0.23939 0.20900 0.29925 0.26333 0.27454 0.18270 0.25187 0.21763 0.18829 0.23107 0.19784 0.21199 0.17986 0.19449 0.16351 0.17843 0.14864 0.16370 0.13513 0.15018 0.12285 0.13778 0.11168 0.12640 0.10153 0.11597 0.09230 0.16312 0.14564 0.13004 0.13768 0.11611 0.12403 0.10367 0.16963 0.15282 0.26070 0.23662 0.21494 0.19542 0.23071 0.20756 0.18691 0.16846 0.20416 0.18207 0.18068 0.15971 0.14133 0.15989 0.14010 0.12289 0.14150 0.12522 0.12289 0.10780 0.11081 0.09806 0.08678 0.07276 0.11174 0.09256 0.07680 0.10067 0.08264 0.06796 0.09069 0.08170 0.07361 0.09456 0.08295 0.17781 0.16192 0.15197 0.13722 0.11629 0.07379 0.06014 0.04911 0.06588 0.05323 0.04308 0.05882 0.04710 0.03779 0.16253 0.14523 0.12989 0.12520 0.11102 0.09855 0.10793 0.09489 0.08352 0.10686 0.09304 0.09293 0.08021 0.08110 0.07078 0.06932 0.05998 0.05925 0.05083 0.08081 0.06914 0.07027 0.05961 0.05064 0.04308 0.06110 0.05139 0.04328 0.03651 0.04430 0.06383 0.05313 0.03699 0.03094 0.05599 0.04620 0.03819 0.03162 0.02622 0.04017 0.03292 0.02702 0.02222 0.03493 0.02838 0.02310 0.01883 0.03038 0.02447 0.01974 0.01596 Periods 1 2345 2 67890 DHS 28 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Answer rating: 100% (QA)

1 i 4 2 2 t 62 12 Present value 22000 PF2 1... View the full answer