Question: Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) 1. What is the future value of

Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.)

1. What is the future value of $7,000 at the end of 5 periods at 8% compounded interest? Using the appropriate interest table, answer each

2. What is the present value of $7,000 due 8 periods hence, discounted at 11%?
9% 10% 11% 12% 15% 8% 1.08000 1.09000 1.10000 1.11000 1.12000 1.15000

3. What is the future value of 15 periodic payments of $7,000 each made at the end of each period and compounded at 10% 1.16640 1.18810 1.21000 1.23210 1.25440 1.32250 1.25971 1.29503 1.33100 1.36763 1.40493 1.52088

4. What is the present value of $7,000 to be received at the end of each of 20 periods, discounted at 5% compound interest? 1.36049 1.41158 1.46410 1.51807 1.57352 1.74901 1.40933 1.53862 1.61051 1.68506 1.76234 2.01136

9% 10% 11% 12% 15% 8% 1.08000 1.09000 1.10000 1.11000 1.12000 1.15000 1.16640 1.18810 1.21000 1.23210 1.25440 1.32250 1.25971 1.29503 1.33100 1.36763 1.40493 1.52088 1.36049 1.41158 1.46410 1.51807 1.57352 1.74901 1.40933 1.53862 1.61051 1.68506 1.76234 2.01136 1.58687 1.67710 1.77156 1.87041 1.97382 2.31306 1.71382 1.82804 1.94872 2.07616 2.21068 2.66002 1.85093 1.99256 2.14359 2.30454 2.47596 3.05902 1.99900 2.17189 2.35795 2.55803 2.77308 3.51788 2.15892 2.36736 2.59374 2.83942 3.10685 4.04556 10 2.33164 2.58043 2.85312 3.15176 3.47855 4.65239 11 2.51817 2.81267 3.13843 3.49845 3.89698 5.35025 12 2.71962 3.06581 3.45227 3.88328 4.36349 6.15279 13 2.93719 3.34173 3.79750 4.31044 4.88711 7.07571 14 3.17217 3.64248 4.17725 4.78459 5.47357 8.13706 15 3.42594 3.97031 4.59497 5.31089 6.13039 9.35762 16 3.70002 4.32763 5.05447 5.89509 6.86604 10.76126 17 3.99602 4.71712 5.55992 6.54355 7.68997 12.37545 18 4.31570 5.14166 6.11591 7.26334 8.61276 14.23177 19 4.66096 5.60441 6.72750 8.06231 9.64629 16.36654 20 5.03383 6.10881 7.40025 8.94917 10.80385 18.82152 21 5.43654 6.65860 8.14028 9.93357 12.10031 21.64475 22 5.87146 7.25787 8.95430 11.02627 13.55235 24.89146 23 6.34118 7.91108 9.84973 12.23916 15.17863 28.62518 24 6.84847 8.62308 10.83471 13.58546 17.00000 32.91895 25 7.39635 9.39916 11.91818 15.07986 19.04007 37.85680 26 7.98806 10.24508 13.10999 16.73665 21.32488 43.53532 27 8.62711 11.16714 14.42099 18.57990 23.88387 50.06561 28 9.31727 12.17218 15.86309 20.62369 26.74993 57.57545 29 10.06266 13.26768 17.44940 22.89230 29.95992 66.21177 30 10.86767 14.46177 19.19434 25.41045 33.55511 76.14354 31 11.73708 15.76333 21.11378 28.20560 37.58173 87.56507 32 12.67605 17.18203 23.22515 31.30821 42.09153 100.69983 33 13.69013 18.72841 25.54767 34.75212 47.14252 115.80480 34 14.78534 20.41397 28.10244 38.57485 52.79962 133.17552 35 15.96817 22.25123 30.91268 42.81808 59.13557 153.15185 36 17.24563 24.25384 34.00395 47.52807 66.23184 176.12463 37 18.62528 26.43668 37.40434 52.75616 74.17966 202.54332 38 20.11530 28.81598 41.14479 58.55934 83.08122 232.92482 39 21.72452 31.40942 45.25926 65.00087 93.05097 267.86355 40 What is the future value of $7,000 at the end of 5 periods at 8% compounded interest? Periods 1 2345 67699

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