Periods 12% 3 1.015 4 1.020 5 1.025 6 1.030 7 1.035 8 1.040 9 1.045...

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Periods 12% 3 1.015 4 1.020 5 1.025 6 1.030 7 1.035 8 1.040 9 1.045 10 1.051 12 1.061 15 1.077 16 1.083 1.088 17 18 1.093 19 1.099 20 1.104 21 1.110 22 1.116 23 1.121 24 1.127 25 1.132 60 1.348 নননননন ও Future Value of a Lump-Sum Rate of interest per period in percent 9% 6% 8% 10% 12% 20% 1.191 1.259 1.295 1.331 1.404 1.728 1.263 1.360 1.411 1.464 1.573 2.073 1.278 1.338 1.469 1.538 1.610 1.762 2.488 1.340 1.418 1.586 1.677 1.771 1.973 2.986 1.407 1.503 1.713 1.828 1.948 2.210 3.583 1.478 1.594 1.851 1.992 2.144 2.476 4.299 1.551 1.689 1.999 2.171 2.357 2.773 5.159 1.629 1.790 2.159 2.367 2.594 3.105 6.191 1.795 2.012 2.518 2.812 3.138 3.896 8.916 2.078 2.396 3.172 3.642 4.177 5.473 15.407 2.182 2.540 3.425 3.970 4.595 6.130 18.488 2.292 2.692 3.700 4.327 5.054 6.866 22.186 2.406 2.854 3.996 4.717 5.559 7.690 12.375 26.623 2.527 3.025 4.315 5.141 6.115 8.612 14.231 31.948 2.653 3.207 4.661 5.604 6.727 9.646 16.366 38.337 2.786 5.033 6.108 7.400 10.803 18.821 46.005 2.925 5.436 6.658 8.140 12.100 21.644 55.206 5.871 7.257 8.954 13.552 24.891 66.247 6.341 7.911 9.849 15.178 28.625 79.496 10.834 17.000 32.919 95.396 6.848 8.623 101.257 176.031 304.482 897.597 4383.99 56347.5 3% 1.092 1.125 1.159 1.194 1.229 1.266 1.304 1.343 1.425 1.558 1.604 1.652 1.702 1.753 1.806 1.860 3.399 1.916 3.603 1.974 3.071 3.819 2.033 2.094 5.891 3.225 4.048 3.386 4.291 18.679 32.987 5% 1.157 1.215 15% 1.520 1.749 2.011 2.313 2.660 3.059 3.517 4.045 5.350 8.137 9.357 10.761 Periods ½2% 0.985 0.980 0.975 4 5 3% 0.915 0.888 0.862 0.970 0.838 0.965 0.813 0.960 0.789 9 0.956 0.766 10 0.951 0.744 12 0.941 0.701 15 0.927 0.641 16 0.923 0.623 17 0.918 0.605 18 0.914 0.587 19 0.909 0.570 20 0.905 21 0.900 22 0.896 0.891 24 0.887 7 3228 Present Value of a Lump-Sum Rate of interest per period in percent 5% 6% 8% 9% 10% 12% 15% 0.863 0.840 0.793 0.772 0.751 0.712 0.657 0.822 0.792 0.735 0.708 0.683 0.635 0.571 0.783 0.747 0.680 0.649 0.621 0.567 0.497 0.746 0.705 0.631 0.596 0.564 0.507 0.432 0.710 0.665 0.583 0.547 0.513 0.452 0.375 0.676 0.627 0.540 0.501 0.466 0.403 0.326 0.644 0.592 0.500 0.460 0.424 0.360 0.284 0.613 0.558 0.463 0.422 0.385 0.322 0.247 0.556 0.497 0.397 0.356 0.318 0.257 0.186 0.481 0.417 0.315 0.274 0.239 0.183 0.122 0.458 0.393 0.291 0.251 0.217 0.163 0.106 0.436 0.371 0.270 0.231 0.197 0.145 0.092 0.415 0.350 0.250 0.212 0.179 0.130 0.080 0.395 0.330 0.231 0.194 0.163 0.116 0.070 0.376 0.311 0.214 0.178 0.148 0.103 0.061 0.553 0.537 0.358 0.294 0.198 0.163 0.135 0.092 0.053 0.522 0.341 0.277 0.183 0.150 0.122 0.082 0.046 0.507 0.325 0.261 0.170 0.137 0.111 0.073 0.040 0.492 0.310 0.247 0.157 0.126 0.101 0.065 0.034 0.478 0.295 0.233 0.146 0.116 0.092 0.058 0.030 0.169 0.053 0.030 0.009 0.005 0.003 0.001 0.001 25 0.882 60 0.741 20% 0.578 0.482 0.401 0.334 0.279 0.232 0.193 0.161 0.112 0.064 0.054 0.045 0.037 0.031 0.026 0.021 0.018 0.015 0.012 0.010 0.001 18 19 Periods ¹2% 3% 12% 15% 3 3.015 3.090 3.374 3.472 4 4.030 4.183 4.779 4.993 5 5.050 5.309 5.525 5.637 6.353 6.742 7.441 6 6.075 6.468 6.801 8.115 8.753 9.929 7 7.105 7.662 8.142 10.089 11.066 12.915 8 8.14 8.892 9.549 9.897 10.636 11.028 11.435 12.299 13.726 16.499 9 9.1821 10.159 11.026 11.491 14.775 16.785 20.798 10 10.228 11.464 13.180 25.958 12.580 15.917 16.870 12 12.335 14.192 17.549 20.303 24.133 29.001 39.580 37.280 47.580 72.035 87.442 21.578 23.276 15 15.536 18.599 16 16.614 20.156 17 17.697 21.761 18.785 23.414 12.487 13.021 13.579 14.486 15.193 15.937 18.977 20.140 21.384 27.152 29.360 31.772 25.672 30.324 33.003 35.949 42.753 55.717 28.218 33.750 36.973 40.544 48.883 65.075 30.905 37.450 41.301 45.599 55.749 75.836 46.018 51.159 63.439 88.211 51.160 57.275 72.052 102.444 186.688 81.698 118.810 225.026 105.931 128.117 19.879 25.116 30.539 33.759 41.446 154.740 20 20.979 26.870 33.065 36.785 45.762 21 22.084 28.676 35.719 39.992 50.422 38.505 43.392 56.764 64.002 22 23.194 30.536 55.456 62.873 71.402 92.502 137.632 271.031 23 24.310 32.452 41.430 46.995 60.893 69.531 79.543 104.603 159.276 326.237 24 25.432 34.426 44.502 50.815 66.764 76.789 88.497 118.155 184.168 392.484 25 26.559 36.459 47.727 54.864 73.105 84.700 98.347 133.334 212.793 471.981 60 69.770 163.053 353.584 533.128 1253.21 1944.79 3034.82 7471.64 29219.9 281732 Periods 3 4 7 8 9 10 12 Rate of interest per period in percent 5% 6% 8% 9% 10% 3.152 3.183 3.246 3.278 3.310 4.310 4.374 4.506 4.573 4.641 5.867 5.985 6.105 7.336 7.523 7.715 8.925 9.200 9.487 3% 2.828 Future Value of an Annuity 23.657 25.840 28.150 Rate of interest per period in percent ½2% 6% 8% 9% 10% 12% 2.577 2.531 2.487 2.970 3.950 2.402 3.170 3.037 2.855 3.312 3.239 5 4.925 3.992 3.889 3.790 3.604 3.352 6 5.896 4.623 4.485 4.355 4.111 3.784 6.862 5.206 5.033 4.868 4.563 4.160 7.823 5.746 5.534 5.334 4.967 4.487 8.779 7.786 6.801 6.247 5.995 5.759 5.328 4.771 9.730 8.530 7.721 7.360 6.417 6.145 5.650 5.018 11.618 9.954 8.863 8.383 7.160 6.813 6.194 5.420 15 9.712 8.559 8.060 7.606 6.810 5.847 8.851 8.312 7.823 6.974 5.954 8.543 8.021 7.119 6.047 8.755 8.201 7.249 9.603 8.950 8.364 7.365 9.128 8.520 7.469 14.416 11.937 10.379 16 15.339 12.561 10.837 10.105 17 16.258 13.166 11.274 10.477 9.121 18 17.172 13.753 11.689 10.827 9.371 19 18.082 14.323 12.085 11.158 20 18.987 14.877 12.460 11.469 9.818 21 19.888 15.415 12.821 11.764 10.016 22 20.784 15.936 13.163 12.041 10.200 23 21.675 16.443 13.488 12.303 10.371 24 22.562 16.935 13.798 12.550 10.528 25 23.445 17.413 14.093 12.783 10.674 60 51.725 27.675 18.929 16.161 12.376 11.048 9.292 8.648 7.562 9.442 8.771 7.644 9.580 8.883 7.718 9.706 8.984 7.784 9.822 9.077 7.843 9.967 8.324 5% 2.723 3.717 3.546 4.579 4.329 5.417 5.076 6.230 5.786 7.019 6.463 7.108 6.975 8.393 Present Value of an Annuity 2.673 3.465 4.212 4.917 5.582 6.209 6.710 7.536 20% 3.640 5.368 15% 20% 2.283 2.106 2.588 6.398 6.433 6.464 6.665 2.990 3.325 3.604 3.837 4.031 4.193 4.439 4.675 4.729 4.774 4.812 4.843 4.869 4.891 6.128 6.198 6.259 6.312 6.358 4.909 4.924 4.937 4.947 4.999 Betty DeRose is going to deposit $4,000 into a bank account at the beginning of every six months for the next 4 years. Assume the bank account will earn 20% interest compounded semi-annually. Calculate the amount of interest Betty will earn over the four-year period. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. ATT Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 at the end of every six months for each of the next four years along with a lump sum payment of $20,000 at the end of the fifth year and a lump sum payment of $15,000 at the end of the sixth year. Assume an interest rate of 10% compounded semi-annually. Calculate the total present value of these payments. Riley wants to have $198,594 in her savings account in 4 years. Riley opened her savings account with a deposit of $17,000. Riley intends to make equal deposits into the savings account at the end of every three months for the next four years. Riley will earn 12% interest compounded quarterly on all deposits with the bank. Calculate the amount of each equal quarterly deposit that Riley must make in order to have $198,594 in her account in four years. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. Periods 12% 3 1.015 4 1.020 5 1.025 6 1.030 7 1.035 8 1.040 9 1.045 10 1.051 12 1.061 15 1.077 16 1.083 1.088 17 18 1.093 19 1.099 20 1.104 21 1.110 22 1.116 23 1.121 24 1.127 25 1.132 60 1.348 নননননন ও Future Value of a Lump-Sum Rate of interest per period in percent 9% 6% 8% 10% 12% 20% 1.191 1.259 1.295 1.331 1.404 1.728 1.263 1.360 1.411 1.464 1.573 2.073 1.278 1.338 1.469 1.538 1.610 1.762 2.488 1.340 1.418 1.586 1.677 1.771 1.973 2.986 1.407 1.503 1.713 1.828 1.948 2.210 3.583 1.478 1.594 1.851 1.992 2.144 2.476 4.299 1.551 1.689 1.999 2.171 2.357 2.773 5.159 1.629 1.790 2.159 2.367 2.594 3.105 6.191 1.795 2.012 2.518 2.812 3.138 3.896 8.916 2.078 2.396 3.172 3.642 4.177 5.473 15.407 2.182 2.540 3.425 3.970 4.595 6.130 18.488 2.292 2.692 3.700 4.327 5.054 6.866 22.186 2.406 2.854 3.996 4.717 5.559 7.690 12.375 26.623 2.527 3.025 4.315 5.141 6.115 8.612 14.231 31.948 2.653 3.207 4.661 5.604 6.727 9.646 16.366 38.337 2.786 5.033 6.108 7.400 10.803 18.821 46.005 2.925 5.436 6.658 8.140 12.100 21.644 55.206 5.871 7.257 8.954 13.552 24.891 66.247 6.341 7.911 9.849 15.178 28.625 79.496 10.834 17.000 32.919 95.396 6.848 8.623 101.257 176.031 304.482 897.597 4383.99 56347.5 3% 1.092 1.125 1.159 1.194 1.229 1.266 1.304 1.343 1.425 1.558 1.604 1.652 1.702 1.753 1.806 1.860 3.399 1.916 3.603 1.974 3.071 3.819 2.033 2.094 5.891 3.225 4.048 3.386 4.291 18.679 32.987 5% 1.157 1.215 15% 1.520 1.749 2.011 2.313 2.660 3.059 3.517 4.045 5.350 8.137 9.357 10.761 Periods 12% 3 1.015 4 1.020 5 1.025 6 1.030 7 1.035 8 1.040 9 1.045 10 1.051 12 1.061 15 1.077 16 1.083 1.088 17 18 1.093 19 1.099 20 1.104 21 1.110 22 1.116 23 1.121 24 1.127 25 1.132 60 1.348 নননননন ও Future Value of a Lump-Sum Rate of interest per period in percent 9% 6% 8% 10% 12% 20% 1.191 1.259 1.295 1.331 1.404 1.728 1.263 1.360 1.411 1.464 1.573 2.073 1.278 1.338 1.469 1.538 1.610 1.762 2.488 1.340 1.418 1.586 1.677 1.771 1.973 2.986 1.407 1.503 1.713 1.828 1.948 2.210 3.583 1.478 1.594 1.851 1.992 2.144 2.476 4.299 1.551 1.689 1.999 2.171 2.357 2.773 5.159 1.629 1.790 2.159 2.367 2.594 3.105 6.191 1.795 2.012 2.518 2.812 3.138 3.896 8.916 2.078 2.396 3.172 3.642 4.177 5.473 15.407 2.182 2.540 3.425 3.970 4.595 6.130 18.488 2.292 2.692 3.700 4.327 5.054 6.866 22.186 2.406 2.854 3.996 4.717 5.559 7.690 12.375 26.623 2.527 3.025 4.315 5.141 6.115 8.612 14.231 31.948 2.653 3.207 4.661 5.604 6.727 9.646 16.366 38.337 2.786 5.033 6.108 7.400 10.803 18.821 46.005 2.925 5.436 6.658 8.140 12.100 21.644 55.206 5.871 7.257 8.954 13.552 24.891 66.247 6.341 7.911 9.849 15.178 28.625 79.496 10.834 17.000 32.919 95.396 6.848 8.623 101.257 176.031 304.482 897.597 4383.99 56347.5 3% 1.092 1.125 1.159 1.194 1.229 1.266 1.304 1.343 1.425 1.558 1.604 1.652 1.702 1.753 1.806 1.860 3.399 1.916 3.603 1.974 3.071 3.819 2.033 2.094 5.891 3.225 4.048 3.386 4.291 18.679 32.987 5% 1.157 1.215 15% 1.520 1.749 2.011 2.313 2.660 3.059 3.517 4.045 5.350 8.137 9.357 10.761 Periods ½2% 0.985 0.980 0.975 4 5 3% 0.915 0.888 0.862 0.970 0.838 0.965 0.813 0.960 0.789 9 0.956 0.766 10 0.951 0.744 12 0.941 0.701 15 0.927 0.641 16 0.923 0.623 17 0.918 0.605 18 0.914 0.587 19 0.909 0.570 20 0.905 21 0.900 22 0.896 0.891 24 0.887 7 3228 Present Value of a Lump-Sum Rate of interest per period in percent 5% 6% 8% 9% 10% 12% 15% 0.863 0.840 0.793 0.772 0.751 0.712 0.657 0.822 0.792 0.735 0.708 0.683 0.635 0.571 0.783 0.747 0.680 0.649 0.621 0.567 0.497 0.746 0.705 0.631 0.596 0.564 0.507 0.432 0.710 0.665 0.583 0.547 0.513 0.452 0.375 0.676 0.627 0.540 0.501 0.466 0.403 0.326 0.644 0.592 0.500 0.460 0.424 0.360 0.284 0.613 0.558 0.463 0.422 0.385 0.322 0.247 0.556 0.497 0.397 0.356 0.318 0.257 0.186 0.481 0.417 0.315 0.274 0.239 0.183 0.122 0.458 0.393 0.291 0.251 0.217 0.163 0.106 0.436 0.371 0.270 0.231 0.197 0.145 0.092 0.415 0.350 0.250 0.212 0.179 0.130 0.080 0.395 0.330 0.231 0.194 0.163 0.116 0.070 0.376 0.311 0.214 0.178 0.148 0.103 0.061 0.553 0.537 0.358 0.294 0.198 0.163 0.135 0.092 0.053 0.522 0.341 0.277 0.183 0.150 0.122 0.082 0.046 0.507 0.325 0.261 0.170 0.137 0.111 0.073 0.040 0.492 0.310 0.247 0.157 0.126 0.101 0.065 0.034 0.478 0.295 0.233 0.146 0.116 0.092 0.058 0.030 0.169 0.053 0.030 0.009 0.005 0.003 0.001 0.001 25 0.882 60 0.741 20% 0.578 0.482 0.401 0.334 0.279 0.232 0.193 0.161 0.112 0.064 0.054 0.045 0.037 0.031 0.026 0.021 0.018 0.015 0.012 0.010 0.001 Periods ½2% 0.985 0.980 0.975 4 5 3% 0.915 0.888 0.862 0.970 0.838 0.965 0.813 0.960 0.789 9 0.956 0.766 10 0.951 0.744 12 0.941 0.701 15 0.927 0.641 16 0.923 0.623 17 0.918 0.605 18 0.914 0.587 19 0.909 0.570 20 0.905 21 0.900 22 0.896 0.891 24 0.887 7 3228 Present Value of a Lump-Sum Rate of interest per period in percent 5% 6% 8% 9% 10% 12% 15% 0.863 0.840 0.793 0.772 0.751 0.712 0.657 0.822 0.792 0.735 0.708 0.683 0.635 0.571 0.783 0.747 0.680 0.649 0.621 0.567 0.497 0.746 0.705 0.631 0.596 0.564 0.507 0.432 0.710 0.665 0.583 0.547 0.513 0.452 0.375 0.676 0.627 0.540 0.501 0.466 0.403 0.326 0.644 0.592 0.500 0.460 0.424 0.360 0.284 0.613 0.558 0.463 0.422 0.385 0.322 0.247 0.556 0.497 0.397 0.356 0.318 0.257 0.186 0.481 0.417 0.315 0.274 0.239 0.183 0.122 0.458 0.393 0.291 0.251 0.217 0.163 0.106 0.436 0.371 0.270 0.231 0.197 0.145 0.092 0.415 0.350 0.250 0.212 0.179 0.130 0.080 0.395 0.330 0.231 0.194 0.163 0.116 0.070 0.376 0.311 0.214 0.178 0.148 0.103 0.061 0.553 0.537 0.358 0.294 0.198 0.163 0.135 0.092 0.053 0.522 0.341 0.277 0.183 0.150 0.122 0.082 0.046 0.507 0.325 0.261 0.170 0.137 0.111 0.073 0.040 0.492 0.310 0.247 0.157 0.126 0.101 0.065 0.034 0.478 0.295 0.233 0.146 0.116 0.092 0.058 0.030 0.169 0.053 0.030 0.009 0.005 0.003 0.001 0.001 25 0.882 60 0.741 20% 0.578 0.482 0.401 0.334 0.279 0.232 0.193 0.161 0.112 0.064 0.054 0.045 0.037 0.031 0.026 0.021 0.018 0.015 0.012 0.010 0.001 18 19 Periods ¹2% 3% 12% 15% 3 3.015 3.090 3.374 3.472 4 4.030 4.183 4.779 4.993 5 5.050 5.309 5.525 5.637 6.353 6.742 7.441 6 6.075 6.468 6.801 8.115 8.753 9.929 7 7.105 7.662 8.142 10.089 11.066 12.915 8 8.14 8.892 9.549 9.897 10.636 11.028 11.435 12.299 13.726 16.499 9 9.1821 10.159 11.026 11.491 14.775 16.785 20.798 10 10.228 11.464 13.180 25.958 12.580 15.917 16.870 12 12.335 14.192 17.549 20.303 24.133 29.001 39.580 37.280 47.580 72.035 87.442 21.578 23.276 15 15.536 18.599 16 16.614 20.156 17 17.697 21.761 18.785 23.414 12.487 13.021 13.579 14.486 15.193 15.937 18.977 20.140 21.384 27.152 29.360 31.772 25.672 30.324 33.003 35.949 42.753 55.717 28.218 33.750 36.973 40.544 48.883 65.075 30.905 37.450 41.301 45.599 55.749 75.836 46.018 51.159 63.439 88.211 51.160 57.275 72.052 102.444 186.688 81.698 118.810 225.026 105.931 128.117 19.879 25.116 30.539 33.759 41.446 154.740 20 20.979 26.870 33.065 36.785 45.762 21 22.084 28.676 35.719 39.992 50.422 38.505 43.392 56.764 64.002 22 23.194 30.536 55.456 62.873 71.402 92.502 137.632 271.031 23 24.310 32.452 41.430 46.995 60.893 69.531 79.543 104.603 159.276 326.237 24 25.432 34.426 44.502 50.815 66.764 76.789 88.497 118.155 184.168 392.484 25 26.559 36.459 47.727 54.864 73.105 84.700 98.347 133.334 212.793 471.981 60 69.770 163.053 353.584 533.128 1253.21 1944.79 3034.82 7471.64 29219.9 281732 Periods 3 4 7 8 9 10 12 Rate of interest per period in percent 5% 6% 8% 9% 10% 3.152 3.183 3.246 3.278 3.310 4.310 4.374 4.506 4.573 4.641 5.867 5.985 6.105 7.336 7.523 7.715 8.925 9.200 9.487 3% 2.828 Future Value of an Annuity 23.657 25.840 28.150 Rate of interest per period in percent ½2% 6% 8% 9% 10% 12% 2.577 2.531 2.487 2.970 3.950 2.402 3.170 3.037 2.855 3.312 3.239 5 4.925 3.992 3.889 3.790 3.604 3.352 6 5.896 4.623 4.485 4.355 4.111 3.784 6.862 5.206 5.033 4.868 4.563 4.160 7.823 5.746 5.534 5.334 4.967 4.487 8.779 7.786 6.801 6.247 5.995 5.759 5.328 4.771 9.730 8.530 7.721 7.360 6.417 6.145 5.650 5.018 11.618 9.954 8.863 8.383 7.160 6.813 6.194 5.420 15 9.712 8.559 8.060 7.606 6.810 5.847 8.851 8.312 7.823 6.974 5.954 8.543 8.021 7.119 6.047 8.755 8.201 7.249 9.603 8.950 8.364 7.365 9.128 8.520 7.469 14.416 11.937 10.379 16 15.339 12.561 10.837 10.105 17 16.258 13.166 11.274 10.477 9.121 18 17.172 13.753 11.689 10.827 9.371 19 18.082 14.323 12.085 11.158 20 18.987 14.877 12.460 11.469 9.818 21 19.888 15.415 12.821 11.764 10.016 22 20.784 15.936 13.163 12.041 10.200 23 21.675 16.443 13.488 12.303 10.371 24 22.562 16.935 13.798 12.550 10.528 25 23.445 17.413 14.093 12.783 10.674 60 51.725 27.675 18.929 16.161 12.376 11.048 9.292 8.648 7.562 9.442 8.771 7.644 9.580 8.883 7.718 9.706 8.984 7.784 9.822 9.077 7.843 9.967 8.324 5% 2.723 3.717 3.546 4.579 4.329 5.417 5.076 6.230 5.786 7.019 6.463 7.108 6.975 8.393 Present Value of an Annuity 2.673 3.465 4.212 4.917 5.582 6.209 6.710 7.536 20% 3.640 5.368 15% 20% 2.283 2.106 2.588 6.398 6.433 6.464 6.665 2.990 3.325 3.604 3.837 4.031 4.193 4.439 4.675 4.729 4.774 4.812 4.843 4.869 4.891 6.128 6.198 6.259 6.312 6.358 4.909 4.924 4.937 4.947 4.999 18 19 Periods ¹2% 3% 12% 15% 3 3.015 3.090 3.374 3.472 4 4.030 4.183 4.779 4.993 5 5.050 5.309 5.525 5.637 6.353 6.742 7.441 6 6.075 6.468 6.801 8.115 8.753 9.929 7 7.105 7.662 8.142 10.089 11.066 12.915 8 8.14 8.892 9.549 9.897 10.636 11.028 11.435 12.299 13.726 16.499 9 9.1821 10.159 11.026 11.491 14.775 16.785 20.798 10 10.228 11.464 13.180 25.958 12.580 15.917 16.870 12 12.335 14.192 17.549 20.303 24.133 29.001 39.580 37.280 47.580 72.035 87.442 21.578 23.276 15 15.536 18.599 16 16.614 20.156 17 17.697 21.761 18.785 23.414 12.487 13.021 13.579 14.486 15.193 15.937 18.977 20.140 21.384 27.152 29.360 31.772 25.672 30.324 33.003 35.949 42.753 55.717 28.218 33.750 36.973 40.544 48.883 65.075 30.905 37.450 41.301 45.599 55.749 75.836 46.018 51.159 63.439 88.211 51.160 57.275 72.052 102.444 186.688 81.698 118.810 225.026 105.931 128.117 19.879 25.116 30.539 33.759 41.446 154.740 20 20.979 26.870 33.065 36.785 45.762 21 22.084 28.676 35.719 39.992 50.422 38.505 43.392 56.764 64.002 22 23.194 30.536 55.456 62.873 71.402 92.502 137.632 271.031 23 24.310 32.452 41.430 46.995 60.893 69.531 79.543 104.603 159.276 326.237 24 25.432 34.426 44.502 50.815 66.764 76.789 88.497 118.155 184.168 392.484 25 26.559 36.459 47.727 54.864 73.105 84.700 98.347 133.334 212.793 471.981 60 69.770 163.053 353.584 533.128 1253.21 1944.79 3034.82 7471.64 29219.9 281732 Periods 3 4 7 8 9 10 12 Rate of interest per period in percent 5% 6% 8% 9% 10% 3.152 3.183 3.246 3.278 3.310 4.310 4.374 4.506 4.573 4.641 5.867 5.985 6.105 7.336 7.523 7.715 8.925 9.200 9.487 3% 2.828 Future Value of an Annuity 23.657 25.840 28.150 Rate of interest per period in percent ½2% 6% 8% 9% 10% 12% 2.577 2.531 2.487 2.970 3.950 2.402 3.170 3.037 2.855 3.312 3.239 5 4.925 3.992 3.889 3.790 3.604 3.352 6 5.896 4.623 4.485 4.355 4.111 3.784 6.862 5.206 5.033 4.868 4.563 4.160 7.823 5.746 5.534 5.334 4.967 4.487 8.779 7.786 6.801 6.247 5.995 5.759 5.328 4.771 9.730 8.530 7.721 7.360 6.417 6.145 5.650 5.018 11.618 9.954 8.863 8.383 7.160 6.813 6.194 5.420 15 9.712 8.559 8.060 7.606 6.810 5.847 8.851 8.312 7.823 6.974 5.954 8.543 8.021 7.119 6.047 8.755 8.201 7.249 9.603 8.950 8.364 7.365 9.128 8.520 7.469 14.416 11.937 10.379 16 15.339 12.561 10.837 10.105 17 16.258 13.166 11.274 10.477 9.121 18 17.172 13.753 11.689 10.827 9.371 19 18.082 14.323 12.085 11.158 20 18.987 14.877 12.460 11.469 9.818 21 19.888 15.415 12.821 11.764 10.016 22 20.784 15.936 13.163 12.041 10.200 23 21.675 16.443 13.488 12.303 10.371 24 22.562 16.935 13.798 12.550 10.528 25 23.445 17.413 14.093 12.783 10.674 60 51.725 27.675 18.929 16.161 12.376 11.048 9.292 8.648 7.562 9.442 8.771 7.644 9.580 8.883 7.718 9.706 8.984 7.784 9.822 9.077 7.843 9.967 8.324 5% 2.723 3.717 3.546 4.579 4.329 5.417 5.076 6.230 5.786 7.019 6.463 7.108 6.975 8.393 Present Value of an Annuity 2.673 3.465 4.212 4.917 5.582 6.209 6.710 7.536 20% 3.640 5.368 15% 20% 2.283 2.106 2.588 6.398 6.433 6.464 6.665 2.990 3.325 3.604 3.837 4.031 4.193 4.439 4.675 4.729 4.774 4.812 4.843 4.869 4.891 6.128 6.198 6.259 6.312 6.358 4.909 4.924 4.937 4.947 4.999 Betty DeRose is going to deposit $4,000 into a bank account at the beginning of every six months for the next 4 years. Assume the bank account will earn 20% interest compounded semi-annually. Calculate the amount of interest Betty will earn over the four-year period. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. Betty DeRose is going to deposit $4,000 into a bank account at the beginning of every six months for the next 4 years. Assume the bank account will earn 20% interest compounded semi-annually. Calculate the amount of interest Betty will earn over the four-year period. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. ATT Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 at the end of every six months for each of the next four years along with a lump sum payment of $20,000 at the end of the fifth year and a lump sum payment of $15,000 at the end of the sixth year. Assume an interest rate of 10% compounded semi-annually. Calculate the total present value of these payments. ATT Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 at the end of every six months for each of the next four years along with a lump sum payment of $20,000 at the end of the fifth year and a lump sum payment of $15,000 at the end of the sixth year. Assume an interest rate of 10% compounded semi-annually. Calculate the total present value of these payments. Riley wants to have $198,594 in her savings account in 4 years. Riley opened her savings account with a deposit of $17,000. Riley intends to make equal deposits into the savings account at the end of every three months for the next four years. Riley will earn 12% interest compounded quarterly on all deposits with the bank. Calculate the amount of each equal quarterly deposit that Riley must make in order to have $198,594 in her account in four years. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. Riley wants to have $198,594 in her savings account in 4 years. Riley opened her savings account with a deposit of $17,000. Riley intends to make equal deposits into the savings account at the end of every three months for the next four years. Riley will earn 12% interest compounded quarterly on all deposits with the bank. Calculate the amount of each equal quarterly deposit that Riley must make in order to have $198,594 in her account in four years. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 10. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question.

Answer rating: 100% (QA)

ANSWER To solve these problems we will use the time value of money table factors provided Problem 1 Interest Earned by Betty Betty is depositing 4000 ... View the full answer