Exhibit 1 -A Future Value (Compounded Sum) of $1 after a Given Number of Time Periods Period 1% 3% 6% 8% 9% 10% 11% 2% 1.02 4% 1.04 5% 1.05 7% 1.07 1.01 1.06 1.08 1.09 1.1 1.11 1 2 1.03 1.061 1.02 1.04 1062 1.103 1.124 1.145 1.166 1.188 121 1.232 3 1.03 1.061 1.093 1.125 1.158 1.191 1225 1 26 1.295 1.331 1.368 4 1.041 1.082 1.126 1.17 1.216 1.262 1.311 1.36 1.412 1.464 1.518 5 1.051 1.104 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.611 1.685 6 1 062 1.126 1.104 1 265 134 1.419 1501 1.587 1.677 1.772 1.87 7 1.072 1.149 1.23 1.316 1.407 1.504 1.606 1.714 1.828 1949 2.076 8 1.083 1.172 1 267 1.369 1.477 1.594 1.718 1.851 1.993 2144 2.305 9 1 094 1.195 1.305 1.423 1.551 1689 1838 1 000 2 172 2358 2.558 10 1. 105 1219 1344 1.48 1620 1.791 1967 2.150 2 367 2504 2839 11 1.116 1.243 1.384 1.530 1.71 1.898 2 105 2.332 258 2853 3.152 12 1.127 1268 1426 1.601 1.796 2012 2 252 2.518 3.498 2.813 3066 3.138 3.452 13 1.138 1 294 1469 1 665 1 886 2.133 241 2.72 3.883 14 1 149 1 319 1513 1.732 1.98 2 261 2579 2937 3.342 3.797 431 15 1.161 1346 1.558 1.801 2.079 2.397 2.750 3.172 3.642 4.177 4.785 16 1.173 1373 1.605 1.873 2.183 2 54 2952 3.426 397 4595 5.311 17 1 184 14 1653 1948 2292 2693 3.159 37 4.328 5054 5895 18 1.196 1428 1.702 2.407 2854 3.38 3.996 4.717 5.56 6.544 2026 2 107 19 1 208 1.457 1.754 2527 3.026 4316 6.116 7 263 3617 3.87 5.142 5,604 20 1.22 1.486 1 806 2 191 2653 3 207 4661 6727 8 062 25 1 282 1.641 2094 2666 3386 4 292 5.427 6.848 8.623 10835 13 585 30 1 348 1811 2.427 3.243 4.322 10.063 13.268 17 449 22.892 6.743 10 286 7612 14 974 40 1 489 2 208 3 262 4 801 704 21.725 31 409 45 259 65 001 50 1645 2 692 4384 7.107 11 467 18 42 29 457 46 902 74 358 117 391 184 565 Period 12% 13% 14% 15% 16% 17% 18% 19% 20% 30% 25% 1.25 1 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 12 1.3 1.69 2 1.254 1277 13 1.323 1 346 1.369 1.392 1.416 1.44 1.563 3 1.405 1.443 1.482 1.521 1.561 1.602 1.643 1.685 1.728 1.953 2.197 4 1 574 1.63 1.689 1.749 1 1.811 1.874 1.939 2005 2.074 2.441 2856 5 1 762 1 842 1.925 2011 2 2 192 2 288 2386 2.488 3052 3713 6 1.974 2082 2.195 2.313 2436 2.565 2.7 2.84 2.986 4827 3.815 4.768 7 2211 2353 266 2 826 3.001 3.185 3.379 3.583 6275 2.502 2.853 8 2.476 2658 3.059 3278 3.511 3.759 4021 43 8.157 5.96 7451 9 2.773 3.004 3.252 3.518 3803 4. 108 4.435 4.785 5.16 10 604 10 3.106 3395 3.707 4 046 4 411 4807 5 234 5.695 6.192 9.313 13786 11 3479 3836 4226 4 652 5 117 5 624 6.176 6.777 7.43 11 642 17 922 12 3.896 4 335 4818 5.35 5.936 6.58 7288 8064 8.916 14 552 23 298 13 4.363 4 4.898 5.492 6.153 6 886 7.699 8.599 9.596 10.699 18 19 30 288 14 4 887 5.535 6261 7.076 7988 9.007 10.147 11.42 12.839 22.737 39 374 15 5 474 6254 7.138 8.137 9266 10 539 11 974 13.59 15.407 28 422 51. 106 16 6.13 7067 8.137 9.358 10 748 12.33 14.129 16.172 18.488 35,527 66 542 17 6 866 7.986 9.276 10.761 12 468 14.426 16.672 19 244 22.186 44.409 86.504 18 769 9024 10.575 12.375 14 463 16 879 19.673 22 901 26 623 55.511 112 455 19 8 613 10.197 12.056 14232 16 777 19 748 27 252 31.948 146. 192 23 214 27.393 69 389 86.736 20 9.646 11.523 13.743 19.461 23.106 32.429 38.338 16.367 32.919 190.05 705 641 25 17 21231 26.462 40 874 50 658 62 669 77 388 95.396 264.698 807794 30 29.90 39.116 50.95 66 212 85.85 143,371 2619 996 111065 533 869 184.675 1051 668 237 376 1469772 40 93.051 188.884 267 864 378 721 750 378 7523.164 36118 865 132.782 450.736 50 289.002 700.233 1083.657 1670.704 2566.215 3927.357 5988.914 9100.438 70064.923 497929 223 Exhibit 1-B Future Value (Compounded Sum) of $1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) Period % 5 6% 10% 1% 2% 3% 6 7% 8% 9% 11% 1 1 1 1 1 1 1 1 1 1 1 1 2 201 202 203 204 205 2.06 207 208 209 21 2.11 3 303 305 3.091 3.122 3.153 3.184 3215 3.246 3 278 3 31 3 342 4 406 4.122 4.184 4.246 4.31 4.375 4.44 4.506 4.573 4.641 4.71 5 5.204 5.309 5.416 5.637 5.751 5.867 6.105 6228 5.101 6.152 5.526 6.802 5.985 7.523 6 6.305 6.468 6.975 7.153 7.336 7.716 7.913 6.633 7 808 7 7 214 7.434 7.662 8.304 8 654 8923 92 9.487 9.783 8.142 9.549 8 8.286 8.583 8.892 9.214 9.807 10.26 10.637 11.02 11.436 11.850 9.360 9.756 10.150 10.583 11.027 11.401 11.978 12.488 13.021 13.579 14.164 10 10.462 10 95 11 464 12006 12 578 13.181 13 816 4.487 15 193 15.937 16722 11 11 567 12 168 12 808 13 486 14 207 14 972 15.784 16 645 17 56 18 531 19 551 12 12 683 13.412 14. 192 15 025 15 917 16.87 17 888 18. 977 20.141 21.384 22 713 13 13 809 14.68 15618 16 627 17.713 18 882 20 141 21.495 22 953 24 523 26 212 14 14.947 15 974 17 036 18.292 19 599 21.015 2256 24 215 26.019 27.975 30 095 15 16.097 17 293 18.599 20.024 21.579 23.276 25.129 27.152 29 361 31.772 34 405 16 17 250 18 639 20.157 21 825 23 657 25 673 27 888 30.324 33 003 35.95 39.19 17 18.43 20 012 21.762 23 600 25.84 28 213 30 84 33.75 36 974 40.545 44 501 18 19.615 21.412 23.414 25 645 28.132 30.905 33 990 37.45 41.301 45.500 50 306 19 20.811 22.841 27.671 30.539 33.76 37.370 41.446 46 018 51.150 66 930 25.117 26 87 20 22 010 24 297 29.778 33 066 36.786 40 996 45.762 51. 16 57 275 64 203 25 28 243 3203 36 459 41 646 47.727 54 365 63 249 73 106 84 701 98 347 114 413 30 34.785 40 568 47.575 56 085 66 439 79.058 94 461 113 253 136 308 164 494 199 021 40 49 896 60402 75 401 95 026 1208 154.752 190 635 259 057 337 882 442 503 581 82 50 64.463 84.579 112.797 152.667 209.34 290.336 406.529 573.77 815.084 1163.909 1668.771 Period 12% 13% 14% 15% 16% 17% 18% 19% 20% 25% 30% 1. 1 1 1 1 1 1 1 1 1 1 1 1 2.25 2 2.12 2.13 2.14 2.16 2.18 2.2 2.3 2.15 3.473 2.17 3.539 2.19 3.606 3 3.374 3.407 3.44 3.506 3.572 3.64 3.813 3.99 4 4.779 4.65 4.921 4.993 5066 5.141 5215 5.291 5.368 5.766 6.187 5 6.353 6.48 661 6 742 6 877 7014 7 154 7.297 7 442 8207 9043 6 8.115 8.323 8.536 8.754 8 977 9.207 9.442 9.683 9.93 11.259 12756 7 7 10.080 10.400 10.73 11 067 11.414 11.772 12.142 12 523 12 916 15.073 17 583 8 123 12.757 13 233 14 24 14.773 15 327 15.902 19.342 23 858 13.727 16.786 16 490 20.799 9 14.776 15 416 16.085 17 519 18 265 19 086 19.923 25.802 32 015 10 17 549 18.42 19337 20 304 21 321 22 393 23 521 24.709 25 950 33 253 42619 11 20.655 21814 23 045 24.340 25.733 272 28 755 30.404 32.15 42 566 56 406 12 24.133 25.65 27 271 29.002 30.85 32.824 34.931 37.18 39 581 54.208 74 327 13 28.020 29.98 32.000 34.352 36.786 39.404 42219 45.244 48.497 68.76 97.625 14 32 393 34.883 37 581 40 505 43 672 47103 50 818 54 541 59 196 86.949 127 913 15 37 28 40 417 43 842 47 58 51 66 56.11 60 965 66.261 72035 109 687 167 286 16 42.753 46 572 50 98 56.717 60 925 66.649 72 930 79.85 87 442 138. 109 218.472 17 48.884 53 730 59.118 65 075 71 673 78 979 87 068 96.022 105 931 173.636 285 014 18 55 75 61725 68.394 75 836 84.141 93 405 103.74 128. 117 218.045 371 518 115.266 138. 166 19 63 44 70.749 78 969 88.212 98 603 110 235 123 414 154 74 273.556 483 973 20 72 052 80 947 91.025 102 444 115 38 130 033 146 628 165 418 186 688 630 165 342.945 1054.791 25 133 334 155.64 181.871 212.793 249 214 292.105 342 603 402.042 471 981 2348 803 8720.005 30 241.333 293.190 356.787 434.745 530.312 647.430 790.948 966.712 1181.882 3227.174 40 767 091 1013.704 1342.025 1779.09 2360 757 3134.522 4163 213 5529 829 7343 858 120392 883 30088.655 280255693 50 2400018 3459 507 4994 521 7217 716 10435 649 15089 502 21813 094 31515 336 45497 191 1659760 743 Exhibit 1 - Present Value of $1 to Be Received at the End of a Given Number of Time Periods Period 1% 2% 4% 59 79 99 109 11% 12% 0.99 0.98 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 2 0.98 0.96 0.943 0.929 0.907 0.00 0.873 0.857 0.842 0.828 0.812 0.797 3 0.971 0.942 0.915 0.889 0.864 0.84 0.816 0.794 0.772 0.751 0.731 0.712 0.96 0.924 0.888 0.855 0.823 0.792 0.768 0.735 0.708 0.683 0.659 0.636 5 0.951 0.906 0.86 0.622 0.784 0.747 0.713 0.680 0.65 0.621 0.593 0.567 0.94% woo We 0.1 W. 0.602 06 0.596 0.564 0.535 0.507 7 0.933 0.871 0.813 0.76 0.711 0.665 0.623 0.583 0.547 0.513 0.482 0.452 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.54 0.502 0.467 0.434 0.404 0.914 0.837 0.766 0.703 0.6450.592 0544 0.5 0.46 0.424 0.391 0.361 10 0.90 0.82 0.744 0678 0614 0.558 0508 0.463 0.422 0.386 0.358 0.322 11 0.896 0.80 0.722 0.6 0.589 0.527 0.475 0.42 0.388 0.35 0.317 0.287 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 13 0.879 0.773 0.681 0.601 0.5 0.469 0.415 0.368 0.326 0.29 0.258 0.229 14 0.87 0.750 0.66 0.577 0.50 0.442 0.386 0.34 0.299 0.263 0.232 0.205 15 0.88 0.74 0.84 0.5 0.48 0417 0.315 0.275 0.239 0.209 0.183 16 0853 0.728 0.623 0.534 0.458 0.394 0.339 0.299 0.252 0.218 0.188 0.163 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.21 0.231 0.198 0.17 0.146 18 0.836 0.7 0.587 0.494 0416 030 0.29 025 0.212 0.18 0.153 0.13 0.826 0.68 0.331 0.27 0.232 0.194 0.164 0.138 0.116 0.82 0.673 0.554 0.45 0.37 0.312 0.258 0.219 0.178 0.149 0.124 0.104 25 0.78 0.61 0.478 0.375 0.299 0.233 0.18 0.146 0.116 0.09 0.074 0.059 0.742 0.552 0.412 0.308 023 0.174 0.131 0.099 0.075 0.057 0.044 0.033 0.67 0.46: 0.30 0.208 0.14 0.097 0.067 0.046 0.032 0.02 0.015 0.011 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.005 0.003 Period 13% 14% 15% 17% 18% 30% 40% 0.885 0.87 0.855 0.847 0.769 0.714 0.783 0.756 0.743 0.731 0.718 0.592 0.549 0.51 0899 0.675 OBS 0.641 0.624 0.609 0.579 0.613 0.592 0.572 0.55 0.534 0.51 0.499 0.482 were w 0.198 5 0543 0.519 0.497 0.47 0.456 0431 0.419 0.402 0.328 0.265 0.223 0.186 0.13 0.43 0.456 0.432 04 0.39 0.37 0.352 0.335 0.262 0207 0.165 0.133 0088 0.425 04 0.376 0.354 0.333 0.314 0.256 0279 021 0.15 0.122 0.095 0.058 8 0.378 0.351 0.327 0.305 0.285 0.26 0.249 0.233 0.168 0.123 0.091 0.068 0.039 0.333 0.308 0 284 0283 0.243 0209 0.194 0.134 0.094 . 0.067 0,048 0.020 10 0.295 0.27 0.247 0227 0.208 0.191 0.176 0.162 0.107 0.073 0.05 0.035 0.017 11 0.261 0.237 0215 0.195 0.178 0.162 0.148 0.135 0.086 0.056 0.037 0.025 0.012 12 0231 0208 0.187 0.16 0.152 0.137 0.124 0.112 0.069 0.04 0.027 0.016 0.008 0204 0.182 0.163 0.145 0.13 0.116 0.104 0.093 0.055 0.033 0.02 0.013 0.005 14 0.181 0.16 0.141 0.125 0.111 0.099 0.088 0.078 0.044 0.025 0.015 0.009 0.003 15 0.16 0.14 0.123 0.100 0.095 0.084 0.074 0.005 0.035 002 0.011 0.006 0.002 16 0 141 0.123 0.107 0 09 0.081 007 0.062 0.054 0.028 0.015 0.008 0.00 0.002 0.12 0.108 0.09 0.08 0.069 0.00 0.052 0.045 0.023 0.012 0.006 0.001 18 0.111 0.095 0.081 0.069 0.059 0.051 0.044 0.038 0.018 0.009 0.005 0.002 0.001 19 oose 0.083 007 O OF 0.051 0043 0.037 0.031 0014 2007 0.003 0.002 20 0087 0.073 0.051 0.05 0043 0031 003 0.025 0.012 0.00 0.002 0.001 0.04 0.038 0.03 0.02 0.02 0.01 0.013 0.01 0.004 0.001 0.001 30 0.009 0.00 0.005 0.00 0.00 0.002 0.001 0.001 0 o o 0.001 $$ 1. O Exhibit 1 - Present Value of $1 Received at the End of Each Period for a Given Number of Time Periods (an Annuity) Period 3% 7% 0.952 0.926 1% 2% 4% 5% 6% 8% 9% 10% 11% 12% 1 0.99 0.98 0.971 0.962 0.943 0.935 0.917 0.909 0.901 0.893 2 1.97 1.942 1.913 1.888 1.859 1.833 1.80B 1.783 1.759 1.738 1.713 1.69 3 2941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 4 3.902 3.808 3.717 3.63 3.546 3.465 3.387 3.312 3.24 3.17 3.102 3.037 5 4.853 4.452 4.329 4.212 3.993 3.89 3.791 3.696 3.605 4713 5.601 4.58 5.417 6 5.795 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4231 4.111 7 6.728 6.472 8.23 6.002 5.788 5.582 5.389 5.206 5033 4.888 4.712 4.564 8 7.652 7.325 7.02 6.733 6.463 621 5.971 5.747 5.535 5.335 5.146 4.968 9 8 566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.537 5.328 10 9.471 8.983 8.53 8.111 7.722 7.36 7.024 6.71 6.416 6.145 5.889 5.65 11 10.368 9.787 9.253 8.76 8.306 7.887 7.499 7.139 6.805 6.495 6.207 5.938 12 11.255 10 575 9.954 9385 8.863 8.384 7.943 7.536 7.161 6.814 6.492 6.194 13 12.134 11 348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 8.75 6.424 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.982 6.628 15 13.885 12 849 11.938 11.118 10.38 9.712 9.108 8.559 8061 7.606 7.191 6811 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 7.379 6.974 17 15.562 14 292 13.166 12.168 11.274 10.477 9.763 9.122 8.544 8.022 7.549 7.12 18 16 398 14 992 13 754 12.659 11.69 10.628 10.059 9.372 8.756 8. 201 7.702 7.25 19 17 226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.95 8.365 7.839 7.366 20 18.046 16. 351 14 877 13.59 12.462 11.47 10.594 9818 9.129 8.514 7.963 7.489 25 22 023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 8.422 7.843 30 25.808 22.396 19.6 17.292 15.372 13.765 12.409 11.258 10 274 9.427 8.694 8.055 40 32 835 27 355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9779 8 951 8244 50 39. 196 31.424 25.73 21.482 18.256 15.762 13.801 12.233 10.962 9.915 9.042 8.304 Period 13% 14% 15% 16% 17% 18% 19% 25% 30% 35% 40% 50% 20% 0.833 1 0.885 0.877 0.87 0.862 0.856 0.847 0.84 0.8 0.769 0.741 0.714 0.667 2 1.688 1.847 1.628 1.805 1.585 1.566 1.547 1.528 1.44 1.381 1.289 1224 1.111 3 2361 2322 2 283 2.246 2.21 2.174 2.14 2.108 1.952 1.816 1.589 1.407 1.696 1.997 4 2974 2.914 2.855 2.798 2.743 2.69 2.639 2.589 2.362 2.166 1.849 1.605 5 3.517 3.433 3.352 3.274 3.199 3.127 3.058 2.991 2.689 2.436 2.22 2.035 1.737 6 3.998 3.889 3.784 3.685 3.589 3.498 3.41 3.326 2.951 2643 2385 2.168 1.824 7 4423 4 288 4.16 4039 3.922 3.812 3.706 3.605 3.161 2802 2.508 2 263 1 883 8 4.799 4.487 4.344 4207 4,078 3.954 3.837 3.329 2925 2.598 2.331 1.922 4.639 4946 9 5.132 4.772 4.607 4.451 4.303 4.163 4.031 3.463 3.019 1.948 2.665 2715 2.379 2.414 10 5.426 5.216 5.019 4.833 4.659 4.494 4.339 4.192 3.571 3.092 1.965 11 5.687 5234 5.029 4.836 4.656 4.486 3.147 2752 2.438 1.977 5.453 5.66 4.327 4.439 3.656 3.725 12 5.918 5.421 5.197 4.988 4.793 3.19 2.779 2.456 1.985 4.611 4.715 13 6.122 5.842 5.583 5.342 5.118 4.91 4.533 3.78 3223 2.799 2.489 1.99 14 6.302 6.002 5.724 5.468 5229 5.008 4.802 4.611 3.824 3.249 2814 2.478 1.993 15 6.462 6.142 $ 847 $.$75 5.324 5,092 4878 4.675 3.859 3.258 2825 2.484 1.995 16 6.604 5.954 5.688 5.162 4.938 4.73 3.887 3.283 2834 2.489 1.997 6.265 6.373 5.405 5.475 17 6.729 6.047 5.749 5.222 499 4.775 3.91 3.295 2.84 2.492 1.998 18 6.84 8.467 6.128 5.818 5.534 5.273 5,033 4.812 3.928 3.304 2844 2.494 1.999 19 6.938 6.55 6.198 5.877 5.584 5.316 5.07 4.843 3.942 3311 2848 2.490 1.999 20 7025 6621 6.259 5.929 5628 5.353 5.101 4.87 3.954 3.316 2.85 2.497 1.999 25 7.33 6.484 6.097 5.786 5.467 5.195 4.948 3.985 3329 2856 2.499 2 6.873 7.003 30 7.496 6.566 6.177 5.829 5.517 5.235 4.979 3.995 3.332 2.857 2.5 2. 40 7634 7.105 6.642 6.233 5.871 5.548 5258 4 997 3.999 3333 2857 2.5 2 50 7.675 7.133 6.661 6.246 5.88 5.554 5.262 4 999 4 3333 2857 25 2 Using time value of money tables (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D), calculate the following. a. The future value of $520 five years from now at 8 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.) Future value b. The future value of $425 saved each year for 8 years at 7 percent. (Round your FVA 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 an interest rate of 6 percent to have $2,400 five years from now. (Round your PV factor to 3 decimal places and final answer to 2 decimal places.) Deposit d. The amount a person would have to deposit today to be able to take out $500 a year for 7 years from an account earning 7 percent. (Round your PVA factor to 3 decimal places and final answer to 2 decimal places.) Deposit