TABLE 12-1 Future Value (Amount) of an Ordinary Annuity of Periods % 1% 2% 3% 4% 5% 6% 7% 8% Periods 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2. 2.00500 2.01000...


use table 12-1 to calculate the future value of the ordinary annuity.


TABLE 12-1 Future Value (Amount) of an Ordinary Annuity of<br>Periods %<br>1%<br>2%<br>3%<br>4%<br>5%<br>6%<br>7%<br>8%<br>Periods<br>1.00000<br>1.00000<br>1.00000 1.00000 1.00000 1.00000<br>1.00000<br>1.00000<br>1.00000<br>1.00000<br>2.<br>2.00500 2.01000 2.01500 2.02000 2.03000<br>2.04000<br>2.05000<br>2.06000<br>2.07000<br>2.08000<br>2<br>3<br>3.01502<br>3.03010 3.04522 3.06040 3.09090<br>3.12160<br>3.15250<br>3.18360<br>3.21490<br>3.24640<br>3.<br>4<br>4.03010<br>4.06040 4.09090 4.12161 4.18363<br>4.24646<br>4.31013<br>4.37462<br>4.43994<br>4.50611<br>4<br>5.<br>5.05025<br>5.10101 5.15227 5.20404 5.30914<br>5.41632 5.52563<br>5.63709<br>5.75074<br>5.86660<br>6.07550<br>6.15202<br>6.22955<br>6.30812 6.46841<br>6.63298<br>6.80191<br>6.97532<br>7.15329<br>7.33593<br>6.<br>7.<br>7.10588<br>7.21354<br>7.32299<br>7.43428 7.66246<br>7.89829<br>8.14201<br>8.39384<br>8.65402<br>8.92280<br>7.<br>8.14141<br>8.28567<br>8.43284<br>8.58297 8.89234<br>9.21423<br>9.54911<br>9.89747<br>10.25980<br>10.63663<br>8.<br>9<br>9.18212<br>9.36853<br>9.55933 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799<br>12.48756<br>10<br>10.22803 10.46221 10.70272 10.94972 11.46388 12.00611 12.57789 13.18079 13.81645<br>14.48656<br>10<br>11<br>11.27917 11.56683 11.86326 12.16872 12.80780 13.48635 14.20679 14.97164 15.78360<br>16.64549<br>11<br>12<br>12.33556 12.68250 13.04121 13.41209 14.19203 15.02581 15.91713 16.86994 17.88845<br>18.97713<br>12<br>13<br>13.39724 13.80933 14.23683 14.68033 15.61779 16.62684 17.71298 18.88214 20.14064<br>21.49530<br>13<br>14.46423 14.94742 15.45038 15.97394 17.08632 18,29191 19.59863 21.01507 22.55049 24.21492<br>14<br>14<br>15<br>15.53655 16.09690 16.68214 17.29342 18.59891 20.02359 21.57856 23.27597 25.12902 27.15211<br>15<br>16<br>16<br>16.61423 17.25786 17.93237 18.63929 20.15688 21.82453 23.65749 25.67253 27.88805 30.32428<br>Periods<br>9%<br>10%<br>11%<br>12%<br>13%<br>14%<br>15%<br>16%<br>1.00000<br>1.00000<br>1.00000 1.00000<br>17%<br>18%<br>Periods<br>1.00000<br>1.00000<br>1.00000<br>1.00000<br>1.00000<br>1.00000<br>2.09000<br>2.10000<br>2.11000 2.12000 2.13000<br>2.14000<br>2.15000<br>2.16000<br>2.17000<br>2.18000 2<br>3<br>3.27810 3.31000<br>3.34210<br>3.37440 3.40690 3.43960<br>3.47250<br>3.50560<br>3.53890<br>3.57240 3<br>4<br>4.57313<br>4.64100<br>4.70973<br>4,77933<br>4.84980<br>4.92114<br>4.99338<br>5.06650<br>5.14051<br>5.21543<br>4<br>5.98471<br>6.10510<br>6.22780<br>6.35285<br>6.48027<br>6.61010<br>6.74238<br>6.87714<br>7.01440<br>7.15421<br>5<br>7.52333<br>7.71561<br>7.91286<br>8.11519<br>8.32271<br>9.78327 10.08901 10.40466 10.73049 11.06680<br>11.02847 11.43589 11.85943 12.29969 12.75726 13.23276 13.72682 14.24009<br>8.53552<br>8.75374<br>8.97748<br>9.20685<br>9.44197 6<br>9.20043<br>9.48717<br>11.41387<br>11.77201<br>12.14152 7<br>8.<br>14.77325 15.32700<br>9.<br>13.02104 13.57948 14.16397 14.77566 15.41571 16.08535 16.78584 17.51851<br>18.28471<br>19.08585 9<br>10<br>15.19293 15.93742 16.72201 17.54874 18,41975 19.33730 20.30372 21.32147<br>22.39311<br>23.52131 10<br>11<br>17.56029 18.53117 19.56143 20.65458 21.81432 23.04452 24.34928 25.73290<br>28.75514 11 I<br>27.19994<br>12<br>20.14072 21.38428 22.71319 24.13313 25.65018 27.27075 29.00167<br>30.85017<br>22.95338 24.52271 26.21164 28.02911 29.98470 32.08865 34.35192 36.78620<br>32.82393 34.93107 12<br>13<br>39.40399 42.21866 13<br>14<br>26.01919 27.97498 30.09492 32.39260 34.88271 37.58107 40.50471<br>43.67199<br>47.10267 50.81802 14<br>15<br>29.36092 31.77248 34.40536 37.27971 40.41746 43,84241<br>47.58041<br>51.65951<br>56.11013<br>60,96527 15<br>33.00340 35.94973 39.18995 42.75328 46.67173 50.98035 55.71747 60.92503<br>36.97370 40.54470 44.50084 48.88367 53.73906 59.11760 65.07509 71.67303<br>16<br>66.64885 72.93901 16<br>17<br>78.97915 87.06804 17<br>

Extracted text: TABLE 12-1 Future Value (Amount) of an Ordinary Annuity of Periods % 1% 2% 3% 4% 5% 6% 7% 8% Periods 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2. 2.00500 2.01000 2.01500 2.02000 2.03000 2.04000 2.05000 2.06000 2.07000 2.08000 2 3 3.01502 3.03010 3.04522 3.06040 3.09090 3.12160 3.15250 3.18360 3.21490 3.24640 3. 4 4.03010 4.06040 4.09090 4.12161 4.18363 4.24646 4.31013 4.37462 4.43994 4.50611 4 5. 5.05025 5.10101 5.15227 5.20404 5.30914 5.41632 5.52563 5.63709 5.75074 5.86660 6.07550 6.15202 6.22955 6.30812 6.46841 6.63298 6.80191 6.97532 7.15329 7.33593 6. 7. 7.10588 7.21354 7.32299 7.43428 7.66246 7.89829 8.14201 8.39384 8.65402 8.92280 7. 8.14141 8.28567 8.43284 8.58297 8.89234 9.21423 9.54911 9.89747 10.25980 10.63663 8. 9 9.18212 9.36853 9.55933 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799 12.48756 10 10.22803 10.46221 10.70272 10.94972 11.46388 12.00611 12.57789 13.18079 13.81645 14.48656 10 11 11.27917 11.56683 11.86326 12.16872 12.80780 13.48635 14.20679 14.97164 15.78360 16.64549 11 12 12.33556 12.68250 13.04121 13.41209 14.19203 15.02581 15.91713 16.86994 17.88845 18.97713 12 13 13.39724 13.80933 14.23683 14.68033 15.61779 16.62684 17.71298 18.88214 20.14064 21.49530 13 14.46423 14.94742 15.45038 15.97394 17.08632 18,29191 19.59863 21.01507 22.55049 24.21492 14 14 15 15.53655 16.09690 16.68214 17.29342 18.59891 20.02359 21.57856 23.27597 25.12902 27.15211 15 16 16 16.61423 17.25786 17.93237 18.63929 20.15688 21.82453 23.65749 25.67253 27.88805 30.32428 Periods 9% 10% 11% 12% 13% 14% 15% 16% 1.00000 1.00000 1.00000 1.00000 17% 18% Periods 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2.09000 2.10000 2.11000 2.12000 2.13000 2.14000 2.15000 2.16000 2.17000 2.18000 2 3 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 5 7.52333 7.71561 7.91286 8.11519 8.32271 9.78327 10.08901 10.40466 10.73049 11.06680 11.02847 11.43589 11.85943 12.29969 12.75726 13.23276 13.72682 14.24009 8.53552 8.75374 8.97748 9.20685 9.44197 6 9.20043 9.48717 11.41387 11.77201 12.14152 7 8. 14.77325 15.32700 9. 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 28.75514 11 I 27.19994 12 20.14072 21.38428 22.71319 24.13313 25.65018 27.27075 29.00167 30.85017 22.95338 24.52271 26.21164 28.02911 29.98470 32.08865 34.35192 36.78620 32.82393 34.93107 12 13 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 33.00340 35.94973 39.18995 42.75328 46.67173 50.98035 55.71747 60.92503 36.97370 40.54470 44.50084 48.88367 53.73906 59.11760 65.07509 71.67303 16 66.64885 72.93901 16 17 78.97915 87.06804 17
DETAILS<br>BRECMBC9 12.1.002.<br>1.<br>Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.)<br>Nominal<br>Rate (%) Compounded<br>Interest<br>Future Value<br>Time<br>Annuity<br>Payment<br>Payment<br>Frequency<br>Period (years)<br>of the Annuity<br>semiannually $<br>$5,500<br>every 6 months<br>Need Help?<br>Read<br>2.<br>DETAILS<br>BRECMBC9 12.1.006.<br>Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.)<br>terest<br>Future Value<br>Annulty<br>Payment<br>Payment<br>Frequency<br>Time<br>Period (years)<br>Nominal<br>Rate (%)<br>Compounded<br>of the Annuity<br>$600<br>10<br>semiannually<br>every 6 months<br>11<br>

Extracted text: DETAILS BRECMBC9 12.1.002. 1. Use Table 12-1 to calculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Nominal Rate (%) Compounded Interest Future Value Time Annuity Payment Payment Frequency Period (years) of the Annuity semiannually $ $5,500 every 6 months Need Help? Read 2. DETAILS BRECMBC9 12.1.006. Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) terest Future Value Annulty Payment Payment Frequency Time Period (years) Nominal Rate (%) Compounded of the Annuity $600 10 semiannually every 6 months 11
Jun 04, 2022
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