N FV $1 PV $1 FVA $1 1 1.03000 0.97087 1.0000 0.97087 2 1.06090 0.94260 2.0300 1.91347 3 3 1.09273 0.91514 3.0909 2.82861 2.02801 4.1836 3.71710 4 1.12551 0.88849 2 1.00043 4.1030 5 1.15927 0.86261 5.3091 4.57971 arent 6 1.19405 0.83748 6.4684 5.41719 6.6625 7.8923 6.41719 7 1.229870.81309 7.6625 6.23028 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 ondra deposits $2,500 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 9 years, how much will she have on deposit on April 14, 2030? Multiple Choice PVA $1 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 3.1836 4.3091 2.91347 3.82861 3.71710 4.3091 3.02001 5.4684 4.71710 HOON 14120 5.57971 $28,776. $26,160. $27,468 $31,392.

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
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Dhapa rakesh 

N
FV $1 PV $1 FVA $1 PVA $1
PVAD $1
FVAD $1
1.0300
1 1.03000 0.97087 1.0000
0.97087
1.00000
2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087
3 1.09273 0.91514 3.0909 2.82861
3.1836
2.91347
3.82861
4 1.12551 0.88849 4.1836 3.71710 4.3091
5.3091 4.57971 5.4684 4.71710
5 1.15927 0.86261
6 1.19405 0.83748
6.4684 5.41719
6.6625 5.57971
7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719
8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028
9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969
10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920
9.53020
12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262
13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400
14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496
15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794
Sondra deposits $2,500 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 9 years, how much will she have on deposit on April 14, 2030?
Multiple Choice
O
$28,776.
$26,160.
$27,468.
$31,392.
Transcribed Image Text:N FV $1 PV $1 FVA $1 PVA $1 PVAD $1 FVAD $1 1.0300 1 1.03000 0.97087 1.0000 0.97087 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 3.82861 4 1.12551 0.88849 4.1836 3.71710 4.3091 5.3091 4.57971 5.4684 4.71710 5 1.15927 0.86261 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Sondra deposits $2,500 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 9 years, how much will she have on deposit on April 14, 2030? Multiple Choice O $28,776. $26,160. $27,468. $31,392.
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