Look at Table 3 in the Appendix. On Line 8 in the 12% column, you find the factor .40388. This factor in Table 3 means that if you invest about 40 cents for eight years, you will have $1 at the end of each year for eight years and 40 cents at the end of eight years. 40 cents at the end of each year for eight years and $1 at the end of eight years. $1 at the end of eight years. $1 at the end of each year for eight years