TABLE 12 -1 Future Value (Amount) of an Ordinary Annuity of $1 (Continued) Periods 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% Periods 1 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000...

Extracted text: TABLE 12 -1 Future Value (Amount) of an Ordinary Annuity of $1 (Continued) Periods 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% Periods 1 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1 2.09000 2.10000 2.11000 2.12000 2.13000 2.14000 2.15000 2.16000 2.17000 2.18000 2 3.27810 3.31000 3.34210 3.37440 3.40690 3.43960 3.47250 3.50560 3.53890 3.57240 3 4 4.57313 4.64100 4.70973 4.77933 4.84980 4.92114 4.99338 5.06650 5.14051 5.21543 4 5.98471 6.10510 6.22780 6.35285 6.48027 6.61010 6.74238 6.87714 7.01440 7.15421 6. 7.52333 7.71561 7.91286 8.11519 8.32271 8.53552 8.75374 8.97748 9.20685 9.44197 6. 7 9.20043 9.48717 9.78327 10.08901 10.40466 10.73049 11.06680 11.41387 11.77201 12.14152 7 8. 11.02847 11.43589 11.85943 12.29969 12.75726 13.23276 13.72682 14.24009 14.77325 15.32700 13.02104 13.57948 14.16397 14.77566 15.41571 16.08535 16.78584 17.51851 18.28471 19.08585 9. 10 15.19293 15.93742 16.72201 17.54874 18.41975 19.33730 20.30372 21.32147 22.39311 23.52131 10 11 17.56029 18.53117 19.56143 20.65458 21.81432 23.04452 24.34928 25.73290 27.19994 28.75514 11 12 20.14072 21.38428 22.71319 24.13313 25.65018 27.27075 29.00167 30.85017 32.82393 34.93107 12 13 22.95338 24.52271 26.21164 28.02911 29.98470 32.08865 34.35192 36.78620 39.40399 42.21866 13 14 26.01919 27.97498 30.09492 32.39260 34.88271 37.58107 40.50471 43.67199 47.10267 50.81802 14 15 29.36092 31.77248 34.40536 37.27971 40.41746 43.84241 47.58041 51.65951 56.11013 60.96527 15 16 33.00340 35.94973 39.18995 42.75328 46.67173 50.98035 55.71747 60.92503 66.64885 72.93901 16 17 36.97370 40.54470 44.50084 48.88367 53.73906 59.11760 65.07509 71.67303 78.97915 87.06804 17 18 41.30134 45.59917 50.39594 55.74971 61.72514 68.39407 75.83636 84.14072 93.40561 103.74028 18 19 46.01846 51.15909 56.93949 63.43968 70.74941 78.96923 88.21181 98.60323 110.28456 123.41353 19 20 51.16012 57.27500 64.20283 72.05244 80.94683 91.02493 102.44358 115.37975 130.03294 146.62797 20 21 56.76453 64.00250 72.26514 81.69874 92.46992 104.76842 118.81012 134.84051 153.13854 174.02100 21 22 62.87334 71.40275 81.21431 92.50258 105.49101 120.43600 137.63164 157.41499 180.17209 206.34479 22 23 69.53194 79.54302 91.14788 104.60289 120.20484 138.29704 159.27638 183.60138 211.80134 244.48685 23 24 76.78981 88.49733 102.17415 118.15524 136.83147 158.65862 184.16784 213.97761 248.80757 289.49448 24 25 84.70090 98.34706 114.41331 133.33387 155.61956 181.87083 212.79302 249.21402 292.10486 342.60349 25 26 93.32398 109.18177 127.99877 150.33393 176.85010 208.33274 245.71197 290.08827 342.76268 405.27211 26 27 102.72313 121.09994 143.07864 169.37401 200.84061 238.49933 283.56877 337.50239 402.03234 479.22109 27 28 112.96822 134.20994 159.81729 190.69889 227.94989 272.88923 327.10408 392.50277 471.37783 566.48089 28 29 124.13536 148.63093 178.39719 214.58275 258.58338 312.09373 377.16969 456.30322 552.51207 669.44745 29 30 136.30754 164.49402 199.02088 241.33268 293.19922 356.78685 434.74515 530.31173 647.43912 790.94799 30 31 149.57522 181.94342 221.91317 271.29261 332.31511 407.73701 500.95692 616.16161 758.50377 934.31863 31 32 164.03699 201.13777 247.32362 304.84772 376.51608 465.82019 577.10046 715.74746 888.44941 1103.49598 32 33 179.80032 222.25154 275.52922 342.42945 426.46317 532.03501 664.66552 831.26706 1040.48581 1303.12526 33 34 196.98234 245.47670 306.83744 384.52098 482.90338 607.51991 765.36535 965.26979 1218.36839 1538.68781 34 35 215.71075 271.02437 341.58955 431.66350 546.68082 693.57270 881.17016 1120.71295 1426.49102 1816.65161 35 36 236.12472 299.12681 380.16441 484.46312 618.74933 791.67288 1014.34568 1301.02703 1669.99450 2144.64890 36 (1 + i)" – 1 and rounded to five decimal places, where i is the interest The values in Table 12-1 were generated by the formula rate per period and n is the total number of periods. i


Extracted text: TABLE 12-2 Present Value (Amount) of an Ordinary Annuity of $1 Periods 1% 2 1% 2% 3% 4% 5% 6% 7% 8% Periods 1 0.99502 0.99010 0.98522 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 1 2 1.98510 1.97040 1.95588 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 3 2.97025 2.94099 2.91220 2.88388 2.82861 2.77509 2.72325 2.67301 2.62432 2.57710 3 4 3.95050 3.90197 3.85438 3.80773 3.71710 3.62990 3.54595 3.46511 3.38721 3.31213 4 4.92587 4.85343 4.78264 4.71346 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 6. 5.89638 5.79548 5.69719 5.60143 5.41719 5.24214 5.07569 4.91732 4.76654 4.62288 6. 7 6.86207 6.72819 6.59821 6.47199 6.23028 6.00205 5.78637 5.58238 5.38929 5.20637 7 8 7.82296 7.65168 7.48593 7.32548 7.01969 6.73274 6.46321 6.20979 5.97130 5.74664 9. 8.77906 8.56602 8.36052 8.16224 7.78611 7.43533 7.10782 6.80169 6.51523 6.24689 9. 10 9.73041 9.47130 9.22218 8.98259 8.53020 8.11090 7.72173 7.36009 7.02358 6.71008 10 11 10.67703 10.36763 10.07112 9.78685 9.25262 8.76048 8.30641 7.88687 7.49867 7.13896 11 12 11.61893 11.25508 10.90751 10.57534 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 12 13 12.55615 12.13374 11.73153 11.34837 10.63496 9.98565 9.39357 8.85268 8.35765 7.90378 13 14 13.48871 13.00370 12.54338 12.10625 11.29607 10.56312 9.89864 9.29498 8.74547 8.24424 14 15 14.41662 13.86505 13.34323 12.84926 11.93794 11.11839 10.37966 9.71225 9.10791 8.55948 15 16 15.33993 14.71787 14.13126 13.57771 12.56110 11.65230 10.83777 10.10590 9.44665 8.85137 16 17 16.25863 15.56225 14.90765 14.29187 13.16612 12.16567 11.27407 10.47726 9.76322 9.12164 17 18 17.17277 16.39827 15.67256 14.99203 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189 18 19 18.08236 17.22601 16.42617 15.67846 14.32380 13.13394 12.08532 11.15812 10.33560 9.60360 19 20 18.98742 18.04555 17.16864 16.35143 14.87747 13.59033 12.46221 11.46992 10.59401 9.81815 20 21 19.88798 18.85698 17.90014 17.01121 15.41502 14.02916 12.82115 11.76408 10.83553 10.01680 21 22 20.78406 19.66038 18.62082 17.65805 15.93692 14.45112 13.16300 12.04158 11.06124 10.20074 22 23 21.67568 20.45582 19.33086 18.29220 16.44361 14.85684 13.48857 12.30338 11.27219 10.37106 23 24 22.56287 21.24339 20.03041 18.91393 16.93554 15.24696 13.79864 12.55036 11.46933 10.52876 24 25 23.44564 22.02316 20.71961 19.52346 17.41315 15.62208 14.09394 12.78336 11.65358 10.67478 25 26 24.32402 22.79520 21.39863 20.12104 17.87684 15.98277 14.37519 13.00317 11.82578 10.80998 26 27 25.19803 23.55961 22.06762 20.70690 18.32703 16.32959 14.64303 13.21053 11.98671 10.93516 27 28 26.06769 24.31644 22.72672 21.28127 18.76411 16.66306 14.89813 13.40616 12.13711 11.05108 28 29 26.93302 25.06579 23.37608 21.84438 19.18845 16.98371 15.14107 13.59072 12.27767 11.15841 29 30 27.79405 25.80771 24.01584 22.39646 19.60044 17.29203 15.37245 13.76483 12.40904 11.25778 30 31 28.65080 26.54229 24.64615 22.93770 20.00043 17.58849 15.59281 13.92909 12.53181 11.34980 31 32 29.50328 27.26959 25.26714 23.46833 20.38877 17.87355 15.80268 14.08404 12.64656 11.43500 32 33 30.35153 27.98969 25.87895 23.98856 20.76579 18.14765 16.00255 14.23023 12.75379 11.51389 33 34 31.19555 28.70267 26.48173 24.49859 21.13184 18.41120 16.19290 14.36814 12.85401 11.58693 34 35 32.03537 29.40858 27.07559 24.99862 21.48722 18.66461 16.37419 14.49825 12.94767 11.65457 35 36 32.87102 30.10751 27.66068 25.48884 21.83225 18.90828 16.54685 14.62099 13.03521 11.71719 36 (1 + i)" – 1 The values in Table 12-2 were generated by the formula rate per period and n is the total number of periods. and rounded to five decimal places, where i is the interest i(1 + i)" TABLE 12-2 Present Value (Amount) of an Ordinary Annuity of $1 (Continued) Periods 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% Periods 1 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 1 2 1.75911 1.73554 1.71252 1.69005 1.66810 1.64666 1.62571 1.60523 1.58521 1.56564 2 3 2.53129 2.48685 2.44371 2.40183 2.36115 2.32163 2.28323 2.24589 2.20958 2.17427 3 4 3.23972 3.16987 3.10245 3.03735 2.97447 2.91371 2.85498 2.79818 2.74324 2.69006 4 3.88965 3.79079 3.69590 3.60478 3.51723 3.43308 3.35216 3.27429 3.19935 3.12717 6. 4.48592 4.35526 4.23054 4.11141 3.99755 3.88867 3.78448 3.68474 3.58918 3.49760 6. 7 5.03295 4.86842 4.71220 4.56376 4.42261 4.28830 4.16042 4.03857 3.92238 3.81153 7 8 5.53482 5.33493 5.14612 4.96764 4.79877 4.63886 4.48732 4.34359 4.20716 4.07757 9. 5.99525 5.75902 5.53705 5.32825 5.13166 4.94637 4.77158 4.60654 4.45057 4.30302 10 6.41766 6.14457 5.88923 5.65022 5.42624 5.21612 5.01877 4.83323 4.65860 4.49409 10 11 6.80519 6.49506 6.20652 5.93770 5.68694 5.45273 5.23371 5.02864 4.83641 4.65601 11 12 7.16073 6.81369 6.49236 6.19437 5.91765 5.66029 5.42062 5.19711 4.98839 4.79322 12 13 7.48690 7.10336 6.74987 6.42355 6.12181 5.84236 5.58315 5.34233 5.11828 4.90951 13 14 7.78615 7.36669 6.98187 6.62817 6.30249 6.00207 5.72448 5.46753 5.22930 5.00806 14 15 8.06069 7.60608 7.19087 6.81086 6.46238 6.14217 5.84737 5.57546 5.32419 5.09158 15