6%n12345678910Single PaymentsCompound PresentAmountWorthP/FF/P1.06001.12361.19101.26251.3382TABLE 11 Discrete Cash Flow: Compound Interest FactorsUniform Series PaymentsCompoundAmountF/ACapitalRecoveryA/P1.41851.50361.59381.68951.79080.94340.89000.83960.79210.74730.70500.66510.62740.59190.5584SinkingFundA/F1.000000.485440.314110.228590.177400.143360.119140.101040.087020.075871.00002.06003.18364.37465.63716.97538.39389.897511.491313.18081.060000.545440.374110.288590.237400.203360.179140.161040.147020.13587PresentWorthP/A0.94341.83342.67303.46514.21244.91735.58246.20986.80177.3601Arithmetic GradientsGradientPresent WorthP/G0.89002.56924.94557.934511.459415.449719.841624.576829.6023GradientUniform SeriesA/G0.48540.96121.42721.88362.33042.76763.19526%3.61334.0220A family that won a $100,000 prize on America's Funniest Home Videos decided to put one-half of the money in a college fund for their child who was responsible for the prize. Ifthe fund earns interest at 6% per year, how much will be in the account after 10 years?

A family that won a $100,000 prize on America's Funniest Home Videos decided to put one-half of the money in a college fund for their child who was responsible for the prize. If the fund earns interest at 6% per year, how much will be in the account after 10 years?

A family that won a $100,000 prize on America's Funniest Home Videos decided to put one-half of the money in a college fund for their child who was responsible for the prize. If the fund earns interest at 6% per year, how much will be in the account after 10 years?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

6%
n
1
2
3
4
5
6
7
8
9
10
Single Payments
Compound Present
Amount
Worth
P/F
F/P
1.0600
1.1236
1.1910
1.2625
1.3382
TABLE 11 Discrete Cash Flow: Compound Interest Factors
Uniform Series Payments
Compound
Amount
F/A
Capital
Recovery
A/P
1.4185
1.5036
1.5938
1.6895
1.7908
0.9434
0.8900
0.8396
0.7921
0.7473
0.7050
0.6651
0.6274
0.5919
0.5584
Sinking
Fund
A/F
1.00000
0.48544
0.31411
0.22859
0.17740
0.14336
0.11914
0.10104
0.08702
0.07587
1.0000
2.0600
3.1836
4.3746
5.6371
6.9753
8.3938
9.8975
11.4913
13.1808
1.06000
0.54544
0.37411
0.28859
0.23740
0.20336
0.17914
0.16104
0.14702
0.13587
Present
Worth
P/A
0.9434
1.8334
2.6730
3.4651
4.2124
4.9173
5.5824
6.2098
6.8017
7.3601
Arithmetic Gradients
Gradient
Present Worth
P/G
0.8900
2.5692
4.9455
7.9345
11.4594
15.4497
19.8416
24.5768
29.6023
Gradient
Uniform Series
A/G
0.4854
0.9612
1.4272
1.8836
2.3304
2.7676
3.1952
6%
3.6133
4.0220
A family that won a $100,000 prize on America's Funniest Home Videos decided to put one-half of the money in a college fund for their child who was responsible for the prize. If
the fund earns interest at 6% per year, how much will be in the account after 10 years?

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