Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.) Time Principal Rate Compounded Amount Interest 10 years $4 15,100 3% Annually
Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.) Time Principal Rate Compounded Amount Interest 10 years $4 15,100 3% Annually
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Transcribed Image Text:Complete the following using compound future value. (Use the Table provided.) (Round your answers to the nearest cent.)
Time
Principal
Rate
Compounded
Amount
Interest
10 years
15,100
3%
Annually
Ahm Prev
2 of 18
Next >
.... ...
cer
Σ
%24
Transcribed Image Text:Future value interest factor of $1 per period at i% for n periods, FVIF(i,n).
Period 0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
7.0%
6.5%
7.5%
1.0750
1.1556
1.2423
1.3355
1.4356
1.5433
8.0%
8.5%
1.0850
1.1772
1.2773
1.3859
9.0%
9.5%
10.0%
1.0050 1.0100 1.0150 1.0200
1.0100 1.0201 1.0302 1.0404
1.0151 1.0303 1.0457 1.0612
1.0202 1.0406 1.0614 1.0824
1.0253 1.0510 1.0773 1.1041
1.0304 1.0615 1.0934 1.1262
1.0355 1.0721 1.1098 1.1487
1.0407 1.0829 1.1265 1.1717
1.0459 1.0937 1.1434 1.1951
1.0511 1.1046 1.1605 1.2190
1.0564 1.1157 1.1779 1.2434
1.0617 1.1268 1.1956 1.2682
1.0670 1.1381 1.2136 1.2936
1.0723 1.1495 1.2318 1.3195
1.0777 1.1610 1.2502 1.3459
1.0831 1.1726 1.2690 1.3728
1.0885 1.1843 1.2880 1.4002
1.0250
1.0300
1.0350
1.0400
1.0450
1.0500
1.0550
1.0600
1.0650
1.0700
1.0800
1.0900
1.0950
1.1000
1.0506
1.0609
1.0712
1.0816
1.0920
1.1025
1.1130
1.1236
1.1342
1.1449
1.2250
1.3108
1.1664
1.1881
1.1990
1.2100
1.0769
1.0927
1.1087
1.1249
1.1412
1.1576
1.1742
1.1910
1.2079
1.2597
1.2950
1.3129
1.3310
4
1.1038
1.1255
1.1475
1.1699
1.1925
1.2155
1.2388
1.2625
1.2865
1.3605
1.4116
1.4377
1.4641
1.1314
1.1593
1.1877
1.2167
1.2462
1.2763
1.3070
1.3382
1.3701
1.4026
1.4693
1.5037
1.5386
1.5742
1.6105
1.1597
1.1941
1.2293
1.2653
1.3023
1.3401
1.3788
1.4185
1.4591
1.5007
1.5869
1.6315
1.6771
1.7238
1.7716
1.1887
1.2299
1.2723
1.3159
1.3609
1.4071
1.4547
1.5036
1.5540
1.6550
1.7626
1.6058
1.6590
1.7138
1.7701
1.8280
1.8876
1.9487
8.
1.2184
1.2668
1.3168
1.3686
1.4221
1.4775
1.5347
1.5938
1.7835
1.7182
1.8385
1.9672
1.8509
1.9206
1.9926
2.0669
2.1436
6.
1.2489
1.3048
1.3629
1.4233
1.4861
1.5513
1.6191
1.6895
1.7908
1.9172
1.9990
2.0839
2.1719
2.2632
2.3579
10
1.2801
1.3439
1.4106
1.4802
1.5530
1.6289
1.7081
1.8771
2.0610
2.1589
2.2610
2.3674
2.4782
2.5937
11
1.3121
1.3842
1.4600
1.5395
1.6229
1.7103
2.1049
2.2522
1.8021
1.8983
1.9992
2.2156
2.3316
2.4532
2.5804
2.7137
2.8531
12
1.3449
1.4258
1.5111
1.6010
1.6959
1.7959
1.9012
2.0122
2.1291
2.3818
2.5182
2.6617
2.8127
2.9715
3.1384
13
1.3785
1.4685
1.5640
2.4098
2.5785
1.7722
2.8879
3.1334
1.6651
1.8856
2.0058
2.1329
2.2675
2.5604
2.7196
3.0658
3.2537
3.4523
14
1.4130
1.5126
1.6187
1.7317
1.8519
1.9799
2.1161
2.2609
2.4149
2.7524
2.9372
3.3417
3.5629
3.7975
15
1.4483
1.5580
1.6753
1.8009
2.7590
2.9522
3.1588
1.9353
2.0789
2.2325
2.3966
2.5718
2.9589
3.1722
3.3997
3.6425
3.9013
4.1772
16
1.4845
1.6047
1.7340
1.8730
2.0224
2.1829
2.3553
2.7390
3.1808
3.4259
3.6887
3.9703
4.2719
4.6778
4.5950
5.0545
2.5404
17
1.5216
1.6528
1.7947
1.9479
2.1134
2.2920
2.4848
2.6928
2.9170
3.4194
3.7000
4.0023
4.3276
1.1961 1.3073 1.4282
4.3425
3.3799
3.6165
5.5599
3.6758
3.9515
18
1.0939
1.5597
1.7024
1.8575
2.0258
2.2085
2.4066
2.6215
2.8543
3.1067
3.9960
4.7171
5.1222
4.7116
4.3157
4.6610
6.1159
1.0994 1.2081 1.3270 1.4568
1.1049 1.2202 1.3469
1.1104 1.2324 1.3671
1.1160 1.2447 1.3876 1.5460
1.1216 1.2572 1.4084 1.5769
1.1272 1.2697 1.4295 1.6084
1.1328 1.2824 1.4509 1.6406
1.1385 1.2953 1.4727 1.6734
1.1442 1.3082 1.4948 1.7069
1.1499 1.3213 1.5172 1.7410
1.1556 1.3345 1.5400 1.7758
30
1.5987
1.7535
1.9225
5.1417
5.6088
3.3086
3.5236
19
2.1068
2.3079
2.5270
2.7656
3.0256
20
1.4859
1.6386
1.8061
1.9898
2.1911
2.4117
2.6533
2.9178
3.2071
3.8697
4.2479
5.1120
5.6044
6.1416
6.7275
21
1.5157
1.6796
1.8603
2.0594
2.2788
2.5202
2.7860
3.0782
3.3996
3.7527
4.1406
4.5664
5.0338
5.5466
6.1088
6.7251
7.4002
4.9089
5.2771
22
1.7216
1.9161
2.1315
2.3699
2.6337
2.9253
3.2475
3.6035
3.9966
4.4304
5.4365
6.0180
6.6586
7.3639
8.1403
23
1.7646
1.9736
2.2061
2.4647
2.7522
3.0715
3.4262
3.8197
4.2564
4.7405
5.8715
6.5296
7.2579
8.0635
8.9543
9.8497
8.8296
9.6684
10.5869
11.5926
7.0846
7.9111
8.6231
24
1.8087
2.0328
2.2833
2.5633
2.8760
3.2251
3.6146
4.0489
4.5331
5.0724
5.6729
6.3412
7.6868
10.8347
11.9182
25
1.8539
2.0938
2.3632
2.6658
3.0054
3.3864
3.8134
4.2919
4.8277
5.4274
6.0983
6.8485
26
1.9003
2.1566
2.4460
2.7725
3.1407
3.5557
4.0231
4.5494
5.1415
5.8074
6.5557
7.3964
8.3401
9.3992
27
1.9478
2.2213
2.5316
2.8834
3.2820
3.7335
4.2444
4.8223
5.4757
6.2139
7.0474
7.9881
9.0490
10.2451
13.1100
28
1.9965
2.2879
2.6202
2.9987
3.4297
3.9201
4.4778
5.1117
5.8316
6.6488
7.5759
8.6271
9.8182
11.1671
12.6939
14.4210
15.8631
12.1722
13.2677
13.8998
15.2203
29
2.0464
2.3566
2.7119
3.1187
3.5840
4.1161
4.7241
5.4184
6.2107
7.1143
8.1441
9.3173
10.6528
5.7435
6.6144
7.6123
8.7550
10.0627
11.5583
17.4494
4.9840
5.2581
2.4273
2.8068
3.2434
3.7453
4.3219
1.1614 1.3478 1.5631 1.8114
1.1672 1.3613 1.5865 1.8476
1.1730 1.3749 1.6103 1.8845
2.0976
9.4116
14.4618
16.6662
19.1943
10.8677
11.7371
2.1500
2.5001
2.9050
3.3731
3.9139
4.5380
6.0881
7.0443
8.1451
12.5407
31
13.6067
15.7633
18.2495
21.1138
10.1174
10.8763
32
2.2038
2.5751
3.0067
3.5081
4.0900
4.7649
5.5473
6.4534
7.5022
8.7153
2.2589
2.6523
3.1119
3.6484
4.2740
5.0032
5.8524
6.8406
7.9898
9.3253
12.6760
14.7632
17.1820
19.9832
23.2252
33
1.1789
1.3887 1.6345 1.9222
25.5477
21.8816
23.9604
3.2209
3.7943
4.4664
5.2533
6.1742
7.2510
8.5092
9.9781
11.6920
13.6901
16.0181
18.7284
1.1848 1.4026 1.6590 1.9607
1.1907 1.4166 1.6839 1.9999
1.1967 1.4308 1.7091 2.0399
1.2027 1.4451 1.7348 2.0807
34
2.3153
2.7319
2.8139
3.3336
3.9461
4.6673
5.5160
6.5138
7.6861
9.0623
10.6766
12.5689
14.7853
17.3796
20.4140
28.1024
2.3732
35
36
4.8774
5.7918
6.8721
8.1473
9.6513
11.4239
13.5115
15.9682
18.8569
22.2512
26.2366
30.9127
2.4325
2.8983
3.4503
4.1039
17.2456
24.2538
28.7291
34.0039
20.4597
22.1988
10.2786
12.2236
14.5249
8.6361
9.1543
2.4933
2.9852
3.5710
4.2681
5.0969
6.0814
7.2501
37
6.3855
7.6488
10.9467
13.0793
15.6143
18.6253
26.4367
31.4584
37.4043
38
1.2087 1.4595 1.7608 2.1223
2.5557
3.0748
3.6960
4.4388
5.3262
34.4469
41.1448
5.5659
6.7048
8.0695
9.7035
11.6583
13.9948
16.7853
20.1153
24.0857
28.8160
3.1670
3.8254
4.6164
1.2147 1.4741 1.7872 2.1647
1.2208 1.4889 1.8140 2.2080
1.2269 1.5038 1.8412 2.2522
1.2330 1.5188 1.8688 2.2972
39
2.6196
8.5133
10.2857
12.4161
14.9745
18.0442
21.7245
26.1330
31.4094
37.7194
45.2593
2.6851
3.2620
3.9593
4.8010
5.8164
7.0400
49.7852
41.3027
45.2265
40
34.2363
23.4625
25.3395
27.3666
28.3543
16.0227
17.1443
19.3976
20.8524
8.9815
10.9029
13.2231
6.0781
6.3516
2.7522
3.3599
4.0978
4.9931
7.3920
54.7637
41
7.7616
9.4755
11.5570
14.0826
30.7644
37.3175
42
2.8210
3.4607
4.2413
5.1928
40.6761
49.5230
60.2401
18.3444
19.6285
22.4163
24.0975
33.3794
36.2167
4.3897
5.4005
6.6374
8.1497
9.9967
12.2505
14.9980
3.5645
3.6715
43
1.2392 1.5340 1.8969 2.3432
2.8915
29.5560
44.3370
54.2277
66.2641
2.9638
4.5433
5.6165
6.9361
8.5572
10.5465
12.9855
15.9729
59.3793
72.8905
48.3273
52.6767
1.2454 1.5493 1.9253 2.3901
39.2951
42.6352
44
17.0111
21.0025
25.9048
31.9204
11.1266
11.7385
13.7646
14.5905
45
1.2516 1.5648 1.9542 2.4379
3.0379
3.7816
4.7024
5.8412
7.2482
8.9850
65.0204
80.1795
34.4741
22.4726
24.0457
25.7289
27.5299
29.4570
6.0748
7.5744
9.4343
18.1168
27.8477
3.1139
4.8669
88.1975
1.2579 1.5805 1.9835 2.4866
1.2642 1.5963 2.0133 2.5363
1.2705 1.6122 2.0435 2.5871
1.2768 1.6283 2.0741 2.6388
1.2832 1.6446 2.1052 2.6916
3.8950
46.2592
57.4176
71.1973
37.2320
40.2106
46
19.2944
20.5485
29.9363
32.1815
3.1917
4.0119
5.0373
6.3178
7.9153
9.9060
12.3841
15.4659
50.1912
62.5852
77.9611
97.0172
47
16.3939
10.4013
10.9213
11.4674
13.0653
13.7838
3.2715
4.1323
5.2136
6.5705
8.2715
54.4574
68.2179
85.3674
106.7190
48
17.3775
21.8842
34.5951
43.4274
3.3533
4.2562
5.3961
6.8333
8.6437
46.9016
59.0863
74.3575
93.4773
117.3909
49
9.0326
14.5420
18.4202
23.3067
37.1897
3.4371
4.3839
5.5849
7.1067
50
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