{"id":2513,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"http:\/\/essaysparlor.com\/future-value-of-a-sum\/"},"modified":"2017-02-20T18:16:46","modified_gmt":"2017-02-20T18:16:46","slug":"future-value-of-a-sum","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/future-value-of-a-sum\/","title":{"rendered":"FUTURE VALUE OF A SUM"},"content":{"rendered":"<p>\nFUTURE VALUE OF 1  TABLE. Contains the amounts to which 1 will accumulate if deposited now at a specified rate and left for a specified number of periods (Table 6.1).<br \/>\nTable6.1FUTURE VALUE OF 1 (FUTURE VALUE OF A SUM)<br \/>\nFVFn,i=(1+i)n<br \/>\n(n) Periods<br \/>\n2%<br \/>\n2?%<br \/>\n3%<br \/>\n4%<br \/>\n5%<br \/>\n6%<br \/>\n 1<br \/>\n1.02000<br \/>\n1.02500<br \/>\n1.03000<br \/>\n1.04000<br \/>\n1.05000<br \/>\n1.06000<br \/>\n 2<br \/>\n1.04040<br \/>\n1.05063<br \/>\n1.06090<br \/>\n1.08160<br \/>\n1.10250<br \/>\n1.12360<br \/>\n 3<br \/>\n1.06121<br \/>\n1.07689<br \/>\n1.09273<br \/>\n1.12486<br \/>\n1.15763<br \/>\n1.19102<br \/>\n 4<br \/>\n1.08243<br \/>\n1.10381<br \/>\n1.12551<br \/>\n1.16986<br \/>\n1.21551<br \/>\n1.26248<br \/>\n 5<br \/>\n1.10408<br \/>\n1.13141<br \/>\n1.15927<br \/>\n1.21665<br \/>\n1.27628<br \/>\n1.33823<br \/>\n 6<br \/>\n1.12616<br \/>\n1.15969<br \/>\n1.19405<br \/>\n1.26532<br \/>\n1.34010<br \/>\n1.41852<br \/>\n 7<br \/>\n1.14869<br \/>\n1.18869<br \/>\n1.22987<br \/>\n1.31593<br \/>\n1.40710<br \/>\n1.50363<br \/>\n 8<br \/>\n1.17166<br \/>\n1.21840<br \/>\n1.26677<br \/>\n1.36857<br \/>\n1.47746<br \/>\n1.59385<br \/>\n 9<br \/>\n1.19509<br \/>\n1.24886<br \/>\n1.30477<br \/>\n1.42331<br \/>\n1.55133<br \/>\n1.68948<br \/>\n10<br \/>\n1.21899<br \/>\n1.28008<br \/>\n1.34392<br \/>\n1.48024<br \/>\n1.62889<br \/>\n1.79085<br \/>\n11<br \/>\n1.24337<br \/>\n1.31209<br \/>\n1.38423<br \/>\n1.53945<br \/>\n1.71034<br \/>\n1.89830<br \/>\n12<br \/>\n1.26824<br \/>\n1.34489<br \/>\n1.42576<br \/>\n1.60103<br \/>\n1.79586<br \/>\n2.01220<br \/>\n13<br \/>\n1.29361<br \/>\n1.37851<br \/>\n1.46853<br \/>\n1.66507<br \/>\n1.88565<br \/>\n2.13293<br \/>\n14<br \/>\n1.31948<br \/>\n1.41297<br \/>\n1.51259<br \/>\n1.73168<br \/>\n1.97993<br \/>\n2.26090<br \/>\n15<br \/>\n1.34587<br \/>\n1.44830<br \/>\n1.55797<br \/>\n1.80094<br \/>\n2.07893<br \/>\n2.39656<br \/>\n16<br \/>\n1.37279<br \/>\n1.48451<br \/>\n1.60471<br \/>\n1.87298<br \/>\n2.18287<br \/>\n2.54035<br \/>\n17<br \/>\n1.40024<br \/>\n1.52162<br \/>\n1.65285<br \/>\n1.94790<br \/>\n2.29202<br \/>\n2.69277<br \/>\n18<br \/>\n1.42825<br \/>\n1.55966<br \/>\n1.70243<br \/>\n2.02582<br \/>\n2.40662<br \/>\n2.85434<br \/>\n19<br \/>\n1.45681<br \/>\n1.59865<br \/>\n1.75351<br \/>\n2.10685<br \/>\n2.52695<br \/>\n3.02560<br \/>\n20<br \/>\n1.48595<br \/>\n1.63862<br \/>\n1.80611<br \/>\n2.19112<br \/>\n2.65330<br \/>\n3.20714<br \/>\n21<br \/>\n1.51567<br \/>\n1.67958<br \/>\n1.86029<br \/>\n2.27877<br \/>\n2.78596<br \/>\n3.39956<br \/>\n22<br \/>\n1.54598<br \/>\n1.72157<br \/>\n1.91610<br \/>\n2.36992<br \/>\n2.92526<br \/>\n3.60354<br \/>\n23<br \/>\n1.57690<br \/>\n1.76461<br \/>\n1.97359<br \/>\n2.46472<br \/>\n3.07152<br \/>\n3.81975<br \/>\n24<br \/>\n1.60844<br \/>\n1.80873<br \/>\n2.03279<br \/>\n2.56330<br \/>\n3.22510<br \/>\n4.04893<br \/>\n25<br \/>\n1.64061<br \/>\n1.85394<br \/>\n2.09378<br \/>\n2.66584<br \/>\n3.38635<br \/>\n4.29187<br \/>\n26<br \/>\n1.67342<br \/>\n1.90029<br \/>\n2.15659<br \/>\n2.77247<br \/>\n3.55567<br \/>\n4.54938<br \/>\n27<br \/>\n1.70689<br \/>\n1.94780<br \/>\n2.22129<br \/>\n2.88337<br \/>\n3.73346<br \/>\n4.82235<br \/>\n28<br \/>\n1.74102<br \/>\n1.99650<br \/>\n2.28793<br \/>\n2.99870<br \/>\n3.92013<br \/>\n5.11169<br \/>\n29<br \/>\n1.77584<br \/>\n2.04641<br \/>\n2.35657<br \/>\n3.11865<br \/>\n4.11614<br \/>\n5.41839<br \/>\n30<br \/>\n1.81136<br \/>\n2.09757<br \/>\n2.42726<br \/>\n3.24340<br \/>\n4.32194<br \/>\n5.74349<br \/>\n31<br \/>\n1.84759<br \/>\n2.15001<br \/>\n2.50008<br \/>\n3.37313<br \/>\n4.53804<br \/>\n6.08810<br \/>\n32<br \/>\n1.88454<br \/>\n2.20376<br \/>\n2.57508<br \/>\n3.50806<br \/>\n4.76494<br \/>\n6.45339<br \/>\n33<br \/>\n1.92223<br \/>\n2.25885<br \/>\n2.65234<br \/>\n3.64838<br \/>\n5.00319<br \/>\n6.84059<br \/>\n34<br \/>\n1.96068<br \/>\n2.31532<br \/>\n2.73191<br \/>\n3.79432<br \/>\n5.25335<br \/>\n7.25103<br \/>\n35<br \/>\n1.99989<br \/>\n2.37321<br \/>\n2.81386<br \/>\n3.94609<br \/>\n5.51602<br \/>\n7.68609<br \/>\n36<br \/>\n2.03989<br \/>\n2.43254<br \/>\n2.89828<br \/>\n4.10393<br \/>\n5.79182<br \/>\n8.14725<br \/>\n37<br \/>\n2.08069<br \/>\n2.49335<br \/>\n2.98523<br \/>\n4.26809<br \/>\n6.08141<br \/>\n8.63609<br \/>\n38<br \/>\n2.12230<br \/>\n2.55568<br \/>\n3.07478<br \/>\n4.43881<br \/>\n6.38548<br \/>\n9.15425<br \/>\n39<br \/>\n2.16474<br \/>\n2.61957<br \/>\n3.16703<br \/>\n4.61637<br \/>\n6.70475<br \/>\n9.70351<br \/>\n40<br \/>\n2.20804<br \/>\n2.68506<br \/>\n3.26204<br \/>\n4.80102<br \/>\n7.03999<br \/>\n10.28572<br \/>\n8%<br \/>\n9%<br \/>\n10%<br \/>\n11%<br \/>\n12%<br \/>\n15%<br \/>\n(n) Periods<br \/>\n1.08000<br \/>\n1.09000<br \/>\n1.10000<br \/>\n1.11000<br \/>\n1.12000<br \/>\n1.15000<br \/>\n 1<br \/>\n1.16640<br \/>\n1.18810<br \/>\n1.21000<br \/>\n1.23210<br \/>\n1.25440<br \/>\n1.32250<br \/>\n 2<br \/>\n1.25971<br \/>\n1.29503<br \/>\n1.33100<br \/>\n1.36763<br \/>\n1.40493<br \/>\n1.52088<br \/>\n 3<br \/>\n1.36049<br \/>\n1.41158<br \/>\n1.46410<br \/>\n1.51807<br \/>\n1.57352<br \/>\n1.74901<br \/>\n 4<br \/>\n1.46933<br \/>\n1.53862<br \/>\n1.61051<br \/>\n1.68506<br \/>\n1.76234<br \/>\n2.01136<br \/>\n 5<br \/>\n1.58687<br \/>\n1.67710<br \/>\n1.77156<br \/>\n1.87041<br \/>\n1.97382<br \/>\n2.31306<br \/>\n 6<br \/>\n1.71382<br \/>\n1.82804<br \/>\n1.94872<br \/>\n2.07616<br \/>\n2.21068<br \/>\n2.66002<br \/>\n 7<br \/>\n1.85093<br \/>\n1.99256<br \/>\n2.14359<br \/>\n2.30454<br \/>\n2.47596<br \/>\n3.05902<br \/>\n 8<br \/>\n1.99900<br \/>\n2.17189<br \/>\n2.35795<br \/>\n2.55803<br \/>\n2.77308<br \/>\n3.51788<br \/>\n 9<br \/>\n2.15892<br \/>\n2.36736<br \/>\n2.59374<br \/>\n2.83942<br \/>\n3.10585<br \/>\n4.04556<br \/>\n10<br \/>\n2.33164<br \/>\n2.58043<br \/>\n2.85312<br \/>\n3.15176<br \/>\n3.47855<br \/>\n4.65239<br \/>\n11<br \/>\n2.51817<br \/>\n2.81267<br \/>\n3.13843<br \/>\n3.49845<br \/>\n3.89598<br \/>\n5.35025<br \/>\n12<br \/>\n2.71962<br \/>\n3.06581<br \/>\n3.45227<br \/>\n3.88328<br \/>\n4.36349<br \/>\n6.15279<br \/>\n13<br \/>\n2.93719<br \/>\n3.34173<br \/>\n3.79750<br \/>\n4.31044<br \/>\n4.88711<br \/>\n7.07571<br \/>\n14<br \/>\n3.17217<br \/>\n3.64248<br \/>\n4.17725<br \/>\n4.78459<br \/>\n5.47357<br \/>\n8.13706<br \/>\n15<br \/>\n3.42594<br \/>\n3.97031<br \/>\n4.59497<br \/>\n5.31089<br \/>\n6.13039<br \/>\n9.35762<br \/>\n16<br \/>\n3.70002<br \/>\n4.32763<br \/>\n5.05447<br \/>\n5.89509<br \/>\n6.86604<br \/>\n10.76126<br \/>\n17<br \/>\n3.99602<br \/>\n4.71712<br \/>\n5.55992<br \/>\n6.54355<br \/>\n7.68997<br \/>\n12.37545<br \/>\n18<br \/>\n4.31570<br \/>\n5.14166<br \/>\n6.11591<br \/>\n7.26334<br \/>\n8.61276<br \/>\n14.23177<br \/>\n19<br \/>\n4.66096<br \/>\n5.60441<br \/>\n6.72750<br \/>\n8.06231<br \/>\n9.64629<br \/>\n16.36654<br \/>\n20<br \/>\n5.03383<br \/>\n6.10881<br \/>\n7.40025<br \/>\n8.94917<br \/>\n10.80385<br \/>\n18.82152<br \/>\n21<br \/>\n5.43654<br \/>\n6.65860<br \/>\n8.14028<br \/>\n9.93357<br \/>\n12.10031<br \/>\n21.64475<br \/>\n22<br \/>\n5.87146<br \/>\n7.25787<br \/>\n8.95430<br \/>\n11.02627<br \/>\n13.55235<br \/>\n24.89146<br \/>\n23<br \/>\n6.34118<br \/>\n7.91108<br \/>\n9.84973<br \/>\n12.23916<br \/>\n15.17863<br \/>\n28.62518<br \/>\n24<br \/>\n6.84847<br \/>\n8.62308<br \/>\n10.83471<br \/>\n13.58546<br \/>\n17.00000<br \/>\n32.91895<br \/>\n25<br \/>\n7.39635<br \/>\n9.39916<br \/>\n11.91818<br \/>\n15.07986<br \/>\n19.04007<br \/>\n37.85680<br \/>\n26<br \/>\n7.98806<br \/>\n10.24508<br \/>\n13.10999<br \/>\n16.73865<br \/>\n21.32488<br \/>\n43.53532<br \/>\n27<br \/>\n8.62711<br \/>\n11.16714<br \/>\n14.42099<br \/>\n18.57990<br \/>\n23.88387<br \/>\n50.06561<br \/>\n28<br \/>\n9.31727<br \/>\n12.17218<br \/>\n15.86309<br \/>\n20.62369<br \/>\n26.74993<br \/>\n57.57545<br \/>\n29<br \/>\n10.06266<br \/>\n13.26768<br \/>\n17.44940<br \/>\n22.89230<br \/>\n29.95992<br \/>\n66.21177<br \/>\n30<br \/>\n10.86767<br \/>\n14.46177<br \/>\n19.19434<br \/>\n25.41045<br \/>\n33.55511<br \/>\n76.14354<br \/>\n31<br \/>\n11.73708<br \/>\n15.76333<br \/>\n21.11378<br \/>\n28.20560<br \/>\n37.58173<br \/>\n87.56507<br \/>\n32<br \/>\n12.67605<br \/>\n17.18203<br \/>\n23.22515<br \/>\n31.30821<br \/>\n42.09153<br \/>\n100.69983<br \/>\n33<br \/>\n13.69013<br \/>\n18.72841<br \/>\n25.54767<br \/>\n34.75212<br \/>\n47.14252<br \/>\n115.80480<br \/>\n34<br \/>\n14.78534<br \/>\n20.41397<br \/>\n28.10244<br \/>\n38.57485<br \/>\n52.79962<br \/>\n133.17552<br \/>\n35<br \/>\n15.96817<br \/>\n22.25123<br \/>\n30.91268<br \/>\n42.81808<br \/>\n59.13557<br \/>\n153.15185<br \/>\n36<br \/>\n17.24563<br \/>\n24.25384<br \/>\n34.00395<br \/>\n47.52807<br \/>\n66.23184<br \/>\n176.12463<br \/>\n37<br \/>\n18.62528<br \/>\n26.43668<br \/>\n37.40434<br \/>\n52.75616<br \/>\n74.17966<br \/>\n202.54332<br \/>\n38<br \/>\n20.11530<br \/>\n28.81598<br \/>\n41.14479<br \/>\n58.55934<br \/>\n83.08122<br \/>\n232.92482<br \/>\n39<br \/>\n21.72452<br \/>\n31.40942<br \/>\n45.25926<br \/>\n65.00087<br \/>\n93.05097<br \/>\n267.86355<br \/>\n40<br \/>\n2.PRESENT VALUE OF 1 TABLE. Contains the amounts that must be deposited now at a specified rate of interest to equal 1 at the end of a specified number of periods (Table 6.2).<br \/>\nTable6.2PRESENT VALUE OF 1 (PRESENT VALUE OF A SINGLE SUM)<br \/>\nPVFn,i=1(1+i)n=(1+i)-n<br \/>\n(n) Periods<br \/>\n2%<br \/>\n2?%<br \/>\n3%<br \/>\n4%<br \/>\n5%<br \/>\n6%<br \/>\n 1<br \/>\n.98039<br \/>\n.97561<br \/>\n.97087<br \/>\n.96154<br \/>\n.95238<br \/>\n.94340<br \/>\n 2<br \/>\n.96117<br \/>\n.95181<br \/>\n.94260<br \/>\n.92456<br \/>\n.90703<br \/>\n.89000<br \/>\n 3<br \/>\n.94232<br \/>\n.92860<br \/>\n.91514<br \/>\n.88900<br \/>\n.86384<br \/>\n.83962<br \/>\n 4<br \/>\n.92385<br \/>\n.90595<br \/>\n.88849<br \/>\n.85480<br \/>\n.82270<br \/>\n.79209<br \/>\n 5<br \/>\n.90573<br \/>\n.88385<br \/>\n.86261<br \/>\n.82193<br \/>\n.78353<br \/>\n.74726<br \/>\n 6<br \/>\n.88797<br \/>\n.86230<br \/>\n.83748<br \/>\n.79031<br \/>\n.74622<br \/>\n.70496<br \/>\n 7<br \/>\n.87056<br \/>\n.84127<br \/>\n.81309<br \/>\n.75992<br \/>\n.71068<br \/>\n.66506<br \/>\n 8<br \/>\n.85349<br \/>\n.82075<br \/>\n.78941<br \/>\n.73069<br \/>\n.67684<br \/>\n.62741<br \/>\n 9<br \/>\n.83676<br \/>\n.80073<br \/>\n.76642<br \/>\n.70259<br \/>\n.64461<br \/>\n.59190<br \/>\n10<br \/>\n.82035<br \/>\n.78120<br \/>\n.74409<br \/>\n.67556<br \/>\n.61391<br \/>\n.55839<br \/>\n11<br \/>\n.80426<br \/>\n.76214<br \/>\n.72242<br \/>\n.64958<br \/>\n.58468<br \/>\n.52679<br \/>\n12<br \/>\n.78849<br \/>\n.74356<br \/>\n.70138<br \/>\n.62460<br \/>\n.55684<br \/>\n.49697<br \/>\n13<br \/>\n.77303<br \/>\n.72542<br \/>\n.68095<br \/>\n.60057<br \/>\n.53032<br \/>\n.46884<br \/>\n14<br \/>\n.75788<br \/>\n.70773<br \/>\n.66112<br \/>\n.57748<br \/>\n.50507<br \/>\n.44230<br \/>\n15<br \/>\n.74301<br \/>\n.69047<br \/>\n.64186<br \/>\n.55526<br \/>\n.48102<br \/>\n.41727<br \/>\n16<br \/>\n.72845<br \/>\n.67362<br \/>\n.62317<br \/>\n.53391<br \/>\n.45811<br \/>\n.39365<br \/>\n17<br \/>\n.71416<br \/>\n.65720<br \/>\n.60502<br \/>\n.51337<br \/>\n.43630<br \/>\n.37136<br \/>\n18<br \/>\n.70016<br \/>\n.64117<br \/>\n.58739<br \/>\n.49363<br \/>\n.41552<br \/>\n.35034<br \/>\n19<br \/>\n.68643<br \/>\n.62553<br \/>\n.57029<br \/>\n.47464<br \/>\n.39573<br \/>\n.33051<br \/>\n20<br \/>\n.67297<br \/>\n.61027<br \/>\n.55368<br \/>\n.45639<br \/>\n.37689<br \/>\n.31180<br \/>\n21<br \/>\n.65978<br \/>\n.59539<br \/>\n.53755<br \/>\n.43883<br \/>\n.35894<br \/>\n.29416<br \/>\n22<br \/>\n.64684<br \/>\n.58086<br \/>\n.52189<br \/>\n.42196<br \/>\n.34185<br \/>\n.27751<br \/>\n23<br \/>\n.63416<br \/>\n.56670<br \/>\n.50669<br \/>\n.40573<br \/>\n.32557<br \/>\n.26180<br \/>\n24<br \/>\n.62172<br \/>\n.55288<br \/>\n.49193<br \/>\n.39012<br \/>\n.31007<br \/>\n.24698<br \/>\n25<br \/>\n.60953<br \/>\n.53939<br \/>\n.47761<br \/>\n.37512<br \/>\n.29530<br \/>\n.23300<br \/>\n26<br \/>\n.59758<br \/>\n.52623<br \/>\n.46369<br \/>\n.36069<br \/>\n.28124<br \/>\n.21981<br \/>\n27<br \/>\n.58586<br \/>\n.51340<br \/>\n.45019<br \/>\n.34682<br \/>\n.26785<br \/>\n.20737<br \/>\n28<br \/>\n.57437<br \/>\n.50088<br \/>\n.43708<br \/>\n.33348<br \/>\n.25509<br \/>\n.19563<br \/>\n29<br \/>\n.56311<br \/>\n.48866<br \/>\n.42435<br \/>\n.32065<br \/>\n.24295<br \/>\n.18456<br \/>\n30<br \/>\n.55207<br \/>\n.47674<br \/>\n.41199<br \/>\n.30832<br \/>\n.23138<br \/>\n.17411<br \/>\n31<br \/>\n.54125<br \/>\n.46511<br \/>\n.39999<br \/>\n.29646<br \/>\n.22036<br \/>\n.16425<br \/>\n32<br \/>\n.53063<br \/>\n.45377<br \/>\n.38834<br \/>\n.28506<br \/>\n.20987<br \/>\n.15496<br \/>\n33<br \/>\n.52023<br \/>\n.44270<br \/>\n.37703<br \/>\n.27409<br \/>\n.19987<br \/>\n.14619<br \/>\n34<br \/>\n.51003<br \/>\n.43191<br \/>\n.36604<br \/>\n.26355<br \/>\n.19035<br \/>\n.13791<br \/>\n35<br \/>\n.50003<br \/>\n.42137<br \/>\n.35538<br \/>\n.25342<br \/>\n.18129<br \/>\n.13011<br \/>\n36<br \/>\n.49022<br \/>\n.41109<br \/>\n.34503<br \/>\n.24367<br \/>\n.17266<br \/>\n.12274<br \/>\n37<br \/>\n.48061<br \/>\n.40107<br \/>\n.33498<br \/>\n.23430<br \/>\n.16444<br \/>\n.11579<br \/>\n38<br \/>\n.47119<br \/>\n.39128<br \/>\n.32523<br \/>\n.22529<br \/>\n.15661<br \/>\n.10924<br \/>\n39<br \/>\n.46195<br \/>\n.38174<br \/>\n.31575<br \/>\n.21662<br \/>\n.14915<br \/>\n.10306<br \/>\n40<br \/>\n.45289<br \/>\n.37243<br \/>\n.30656<br \/>\n.20829<br \/>\n.14205<br \/>\n.09722<br \/>\n8%<br \/>\n9%<br \/>\n10%<br \/>\n11%<br \/>\n12%<br \/>\n15%<br \/>\n(n) Periods<br \/>\n.92593<br \/>\n.91743<br \/>\n.90909<br \/>\n.90090<br \/>\n.89286<br \/>\n.86957<br \/>\n 1<br \/>\n.85734<br \/>\n.84168<br \/>\n.82645<br \/>\n.81162<br \/>\n.79719<br \/>\n.75614<br \/>\n 2<br \/>\n.79383<br \/>\n.77218<br \/>\n.75132<br \/>\n.73119<br \/>\n.71178<br \/>\n.65752<br \/>\n 3<br \/>\n.73503<br \/>\n.70843<br \/>\n.68301<br \/>\n.65873<br \/>\n.63552<br \/>\n.57175<br \/>\n 4<br \/>\n.68058<br \/>\n.64993<br \/>\n.62092<br \/>\n.59345<br \/>\n.56743<br \/>\n.49718<br \/>\n 5<br \/>\n.63017<br \/>\n.59627<br \/>\n.56447<br \/>\n.53464<br \/>\n.50663<br \/>\n.43233<br \/>\n 6<br \/>\n.58349<br \/>\n.54703<br \/>\n.51316<br \/>\n.48166<br \/>\n.45235<br \/>\n.37594<br \/>\n 7<br \/>\n.54027<br \/>\n.50187<br \/>\n.46651<br \/>\n.43393<br \/>\n.40388<br \/>\n.32690<br \/>\n 8<br \/>\n.50025<br \/>\n.46043<br \/>\n.42410<br \/>\n.39092<br \/>\n.36061<br \/>\n.28426<br \/>\n 9<br \/>\n.46319<br \/>\n.42241<br \/>\n.38554<br \/>\n.35218<br \/>\n.32197<br \/>\n.24719<br \/>\n10<br \/>\n.42888<br \/>\n.38753<br \/>\n.35049<br \/>\n.31728<br \/>\n.28748<br \/>\n.21494<br \/>\n11<br \/>\n.39711<br \/>\n.35554<br \/>\n.31863<br \/>\n.28584<br \/>\n.25668<br \/>\n.18691<br \/>\n12<br \/>\n.36770<br \/>\n.32618<br \/>\n.28966<br \/>\n.25751<br \/>\n.22917<br \/>\n.16253<br \/>\n13<br \/>\n.34046<br \/>\n.29925<br \/>\n.26333<br \/>\n.23199<br \/>\n.20462<br \/>\n.14133<br \/>\n14<br \/>\n.31524<br \/>\n.27454<br \/>\n.23939<br \/>\n.20900<br \/>\n.18270<br \/>\n.12289<br \/>\n15<br \/>\n.29189<br \/>\n.25187<br \/>\n.21763<br \/>\n.18829<br \/>\n.16312<br \/>\n.10687<br \/>\n16<br \/>\n.27027<br \/>\n.23107<br \/>\n.19785<br \/>\n.16963<br \/>\n.14564<br \/>\n.09293<br \/>\n17<br \/>\n.25025<br \/>\n.21199<br \/>\n.17986<br \/>\n.15282<br \/>\n.13004<br \/>\n.08081<br \/>\n18<br \/>\n.23171<br \/>\n.19449<br \/>\n.16351<br \/>\n.13768<br \/>\n.11611<br \/>\n.07027<br \/>\n19<br \/>\n.21455<br \/>\n.17843<br \/>\n.14864<br \/>\n.12403<br \/>\n.10367<br \/>\n.06110<br \/>\n20<br \/>\n.19866<br \/>\n.16370<br \/>\n.13513<br \/>\n.11174<br \/>\n.09256<br \/>\n.05313<br \/>\n21<br \/>\n.18394<br \/>\n.15018<br \/>\n.12285<br \/>\n.10067<br \/>\n.08264<br \/>\n.04620<br \/>\n22<br \/>\n.17032<br \/>\n.13778<br \/>\n.11168<br \/>\n.09069<br \/>\n.07379<br \/>\n.04017<br \/>\n23<br \/>\n.15770<br \/>\n.12641<br \/>\n.10153<br \/>\n.08170<br \/>\n.06588<br \/>\n.03493<br \/>\n24<br \/>\n.14602<br \/>\n.11597<br \/>\n.09230<br \/>\n.07361<br \/>\n.05882<br \/>\n.03038<br \/>\n25<br \/>\n.13520<br \/>\n.10639<br \/>\n.08391<br \/>\n.06631<br \/>\n.05252<br \/>\n.02642<br \/>\n26<br \/>\n.12519<br \/>\n.09761<br \/>\n.07628<br \/>\n.05974<br \/>\n.04689<br \/>\n.02297<br \/>\n27<br \/>\n.11591<br \/>\n.08955<br \/>\n.06934<br \/>\n.05382<br \/>\n.04187<br \/>\n.01997<br \/>\n28<br \/>\n.10733<br \/>\n.08216<br \/>\n.06304<br \/>\n.04849<br \/>\n.03738<br \/>\n.01737<br \/>\n29<br \/>\n.09938<br \/>\n.07537<br \/>\n.05731<br \/>\n.04368<br \/>\n.03338<br \/>\n.01510<br \/>\n30<br \/>\n.09202<br \/>\n.06915<br \/>\n.05210<br \/>\n.03935<br \/>\n.02980<br \/>\n.01313<br \/>\n31<br \/>\n.08520<br \/>\n.06344<br \/>\n.04736<br \/>\n.03545<br \/>\n.02661<br \/>\n.01142<br \/>\n32<br \/>\n.07889<br \/>\n.05820<br \/>\n.04306<br \/>\n.03194<br \/>\n.02376<br \/>\n.00993<br \/>\n33<br \/>\n.07305<br \/>\n.05340<br \/>\n.03914<br \/>\n.02878<br \/>\n.02121<br \/>\n.00864<br \/>\n34<br \/>\n.06763<br \/>\n.04899<br \/>\n.03558<br \/>\n.02592<br \/>\n.01894<br \/>\n.00751<br \/>\n35<br \/>\n.06262<br \/>\n.04494<br \/>\n.03235<br \/>\n.02335<br \/>\n.01691<br \/>\n.00653<br \/>\n36<br \/>\n.05799<br \/>\n.04123<br \/>\n.02941<br \/>\n.02104<br \/>\n.01510<br \/>\n.00568<br \/>\n37<br \/>\n.05369<br \/>\n.03783<br \/>\n.02674<br \/>\n.01896<br \/>\n.01348<br \/>\n.00494<br \/>\n38<br \/>\n.04971<br \/>\n.03470<br \/>\n.02430<br \/>\n.01708<br \/>\n.01204<br \/>\n.00429<br \/>\n39<br \/>\n.04603<br \/>\n.03184<br \/>\n.02210<br \/>\n.01538<br \/>\n.01075<br \/>\n.00373<br \/>\n40<br \/>\n3.FUTURE VALUE OF AN ORDINARY ANNUITY OF 1 TABLE. Contains the amounts to which periodic rents of 1 will accumulate if the payments (rents) are invested at the end of each period at a specified rate of interest for a specified number of periods TABLE 6.3).<br \/>\nTable6.3FUTURE VALUE OF AN ORDINARY ANNUITY OF 1<br \/>\nFVF-OAn,i=(1+i)n-1i<br \/>\n(n) Periods<br \/>\n2%<br \/>\n2?%<br \/>\n3%<br \/>\n4%<br \/>\n5%<br \/>\n6%<br \/>\n 1<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n 2<br \/>\n2.02000<br \/>\n2.02500<br \/>\n2.03000<br \/>\n2.04000<br \/>\n2.05000<br \/>\n2.06000<br \/>\n 3<br \/>\n3.06040<br \/>\n3.07563<br \/>\n3.09090<br \/>\n3.12160<br \/>\n3.15250<br \/>\n3.18360<br \/>\n 4<br \/>\n4.12161<br \/>\n4.15252<br \/>\n4.18363<br \/>\n4.24646<br \/>\n4.31013<br \/>\n4.37462<br \/>\n 5<br \/>\n5.20404<br \/>\n5.25633<br \/>\n5.30914<br \/>\n5.41632<br \/>\n5.52563<br \/>\n5.63709<br \/>\n 6<br \/>\n6.30812<br \/>\n6.38774<br \/>\n6.46841<br \/>\n6.63298<br \/>\n6.80191<br \/>\n6.97532<br \/>\n 7<br \/>\n7.43428<br \/>\n7.54743<br \/>\n7.66246<br \/>\n7.89829<br \/>\n8.14201<br \/>\n8.39384<br \/>\n 8<br \/>\n8.58297<br \/>\n8.73612<br \/>\n8.89234<br \/>\n9.21423<br \/>\n9.54911<br \/>\n9.89747<br \/>\n 9<br \/>\n9.75463<br \/>\n9.95452<br \/>\n10.15911<br \/>\n10.58280<br \/>\n11.02656<br \/>\n11.49132<br \/>\n10<br \/>\n10.94972<br \/>\n11.20338<br \/>\n11.46338<br \/>\n12.00611<br \/>\n12.57789<br \/>\n13.18079<br \/>\n11<br \/>\n12.16872<br \/>\n12.48347<br \/>\n12.80780<br \/>\n13.48635<br \/>\n14.20679<br \/>\n14.97164<br \/>\n12<br \/>\n13.41209<br \/>\n13.79555<br \/>\n14.19203<br \/>\n15.02581<br \/>\n15.91713<br \/>\n16.86994<br \/>\n13<br \/>\n14.68033<br \/>\n15.14044<br \/>\n15.61779<br \/>\n16.62684<br \/>\n17.71298<br \/>\n18.88214<br \/>\n14<br \/>\n15.97394<br \/>\n16.51895<br \/>\n17.08632<br \/>\n18.29191<br \/>\n19.59863<br \/>\n21.01507<br \/>\n15<br \/>\n17.29342<br \/>\n17.93193<br \/>\n18.59891<br \/>\n20.02359<br \/>\n21.57856<br \/>\n23.27597<br \/>\n16<br \/>\n18.63929<br \/>\n19.38022<br \/>\n20.15688<br \/>\n21.82453<br \/>\n23.65749<br \/>\n25.67253<br \/>\n17<br \/>\n20.01207<br \/>\n20.86473<br \/>\n21.76159<br \/>\n23.69751<br \/>\n25.84037<br \/>\n28.21288<br \/>\n18<br \/>\n21.41231<br \/>\n22.38635<br \/>\n23.41444<br \/>\n25.64541<br \/>\n28.13238<br \/>\n30.90565<br \/>\n19<br \/>\n22.84056<br \/>\n23.94601<br \/>\n25.11687<br \/>\n27.67123<br \/>\n30.53900<br \/>\n33.75999<br \/>\n20<br \/>\n24.29737<br \/>\n25.54466<br \/>\n26.87037<br \/>\n29.77808<br \/>\n33.06595<br \/>\n36.78559<br \/>\n21<br \/>\n25.78332<br \/>\n27.18327<br \/>\n28.67649<br \/>\n31.96920<br \/>\n35.71925<br \/>\n39.99273<br \/>\n22<br \/>\n27.29898<br \/>\n28.86286<br \/>\n30.53678<br \/>\n34.24797<br \/>\n38.50521<br \/>\n43.39229<br \/>\n23<br \/>\n28.84496<br \/>\n30.58443<br \/>\n32.45288<br \/>\n36.61789<br \/>\n41.43048<br \/>\n46.99583<br \/>\n24<br \/>\n30.42186<br \/>\n32.34904<br \/>\n34.42647<br \/>\n39.08260<br \/>\n44.50200<br \/>\n50.81558<br \/>\n25<br \/>\n32.03030<br \/>\n34.15776<br \/>\n36.45926<br \/>\n41.64591<br \/>\n47.72710<br \/>\n54.86451<br \/>\n26<br \/>\n33.67091<br \/>\n36.01171<br \/>\n38.55304<br \/>\n44.31174<br \/>\n51.11345<br \/>\n59.15638<br \/>\n27<br \/>\n35.34432<br \/>\n37.91200<br \/>\n40.70963<br \/>\n47.08421<br \/>\n54.66913<br \/>\n63.70577<br \/>\n28<br \/>\n37.05121<br \/>\n39.85980<br \/>\n42.93092<br \/>\n49.96758<br \/>\n58.40258<br \/>\n68.52811<br \/>\n29<br \/>\n38.79223<br \/>\n41.85630<br \/>\n45.21885<br \/>\n52.96629<br \/>\n62.32271<br \/>\n73.63980<br \/>\n30<br \/>\n40.56808<br \/>\n43.90270<br \/>\n47.57542<br \/>\n56.08494<br \/>\n66.43885<br \/>\n79.05819<br \/>\n31<br \/>\n42.37944<br \/>\n46.00027<br \/>\n50.00268<br \/>\n59.32834<br \/>\n70.76079<br \/>\n84.80168<br \/>\n32<br \/>\n44.22703<br \/>\n48.15028<br \/>\n52.50276<br \/>\n62.70147<br \/>\n75.29883<br \/>\n90.88978<br \/>\n33<br \/>\n46.11157<br \/>\n50.35403<br \/>\n55.07784<br \/>\n66.20953<br \/>\n80.06377<br \/>\n97.34316<br \/>\n34<br \/>\n48.03380<br \/>\n52.61289<br \/>\n57.73018<br \/>\n69.85791<br \/>\n85.06696<br \/>\n104.18376<br \/>\n35<br \/>\n49.99448<br \/>\n54.92821<br \/>\n60.46208<br \/>\n73.65222<br \/>\n90.32031<br \/>\n111.43478<br \/>\n36<br \/>\n51.99437<br \/>\n57.30141<br \/>\n63.27594<br \/>\n77.59831<br \/>\n95.83632<br \/>\n119.12087<br \/>\n37<br \/>\n54.03425<br \/>\n59.73395<br \/>\n66.17422<br \/>\n81.70225<br \/>\n101.62814<br \/>\n127.26812<br \/>\n38<br \/>\n56.11494<br \/>\n62.22730<br \/>\n69.15945<br \/>\n85.97034<br \/>\n107.70955<br \/>\n135.90421<br \/>\n39<br \/>\n58.23724<br \/>\n64.78298<br \/>\n72.23423<br \/>\n90.40915<br \/>\n114.09502<br \/>\n145.05846<br \/>\n40<br \/>\n60.40198<br \/>\n67.40255<br \/>\n75.40126<br \/>\n95.02552<br \/>\n120.79977<br \/>\n154.76197<br \/>\n8%<br \/>\n9%<br \/>\n10%<br \/>\n11%<br \/>\n12%<br \/>\n15%<br \/>\n(n) Periods<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n 1<br \/>\n2.08000<br \/>\n2.09000<br \/>\n2.10000<br \/>\n2.11000<br \/>\n2.12000<br \/>\n2.15000<br \/>\n 2<br \/>\n3.24640<br \/>\n3.27810<br \/>\n3.31000<br \/>\n3.34210<br \/>\n3.37440<br \/>\n3.47250<br \/>\n 3<br \/>\n4.50611<br \/>\n4.57313<br \/>\n4.64100<br \/>\n4.70973<br \/>\n4.77933<br \/>\n4.99338<br \/>\n 4<br \/>\n5.86660<br \/>\n5.98471<br \/>\n6.10510<br \/>\n6.22780<br \/>\n6.35285<br \/>\n6.74238<br \/>\n 5<br \/>\n7.33592<br \/>\n7.52334<br \/>\n7.71561<br \/>\n7.91286<br \/>\n8.11519<br \/>\n8.75374<br \/>\n 6<br \/>\n8.92280<br \/>\n9.20044<br \/>\n9.48717<br \/>\n9.78327<br \/>\n10.08901<br \/>\n11.06680<br \/>\n 7<br \/>\n10.63663<br \/>\n11.02847<br \/>\n11.43589<br \/>\n11.85943<br \/>\n12.29969<br \/>\n13.72682<br \/>\n 8<br \/>\n12.48756<br \/>\n13.02104<br \/>\n13.57948<br \/>\n14.16397<br \/>\n14.77566<br \/>\n16.78584<br \/>\n 9<br \/>\n14.48656<br \/>\n15.19293<br \/>\n15.93743<br \/>\n16.72201<br \/>\n17.54874<br \/>\n20.30372<br \/>\n10<br \/>\n16.64549<br \/>\n17.56029<br \/>\n18.53117<br \/>\n19.56143<br \/>\n20.65458<br \/>\n24.34928<br \/>\n11<br \/>\n18.97713<br \/>\n20.14072<br \/>\n21.38428<br \/>\n22.71319<br \/>\n24.13313<br \/>\n29.00167<br \/>\n12<br \/>\n21.49530<br \/>\n22.95339<br \/>\n24.52271<br \/>\n26.21164<br \/>\n28.02911<br \/>\n34.35192<br \/>\n13<br \/>\n24.21492<br \/>\n26.01919<br \/>\n27.97498<br \/>\n30.09492<br \/>\n32.39260<br \/>\n40.50471<br \/>\n14<br \/>\n27.15211<br \/>\n29.36092<br \/>\n31.77248<br \/>\n34.40536<br \/>\n37.27972<br \/>\n47.58041<br \/>\n15<br \/>\n30.32428<br \/>\n33.00340<br \/>\n35.94973<br \/>\n39.18995<br \/>\n42.75328<br \/>\n55.71747<br \/>\n16<br \/>\n33.75023<br \/>\n36.97371<br \/>\n40.54470<br \/>\n44.50084<br \/>\n48.88367<br \/>\n65.07509<br \/>\n17<br \/>\n37.45024<br \/>\n41.30134<br \/>\n45.59917<br \/>\n50.39593<br \/>\n55.74972<br \/>\n75.83636<br \/>\n18<br \/>\n41.44626<br \/>\n46.01846<br \/>\n51.15909<br \/>\n56.93949<br \/>\n63.43968<br \/>\n88.21181<br \/>\n19<br \/>\n45.76196<br \/>\n51.16012<br \/>\n57.27500<br \/>\n64.20283<br \/>\n72.05244<br \/>\n102.44358<br \/>\n20<br \/>\n50.42292<br \/>\n56.76453<br \/>\n64.00250<br \/>\n72.26514<br \/>\n81.69874<br \/>\n118.81012<br \/>\n21<br \/>\n55.45676<br \/>\n62.87334<br \/>\n71.40275<br \/>\n81.21431<br \/>\n92.50258<br \/>\n137.63164<br \/>\n22<br \/>\n60.89330<br \/>\n69.53194<br \/>\n79.54302<br \/>\n91.14788<br \/>\n104.60289<br \/>\n159.27638<br \/>\n23<br \/>\n66.76476<br \/>\n76.78981<br \/>\n88.49733<br \/>\n102.17415<br \/>\n118.15524<br \/>\n184.16784<br \/>\n24<br \/>\n73.10594<br \/>\n84.70090<br \/>\n98.34706<br \/>\n114.41331<br \/>\n133.33387<br \/>\n212.79302<br \/>\n25<br \/>\n79.95442<br \/>\n93.32398<br \/>\n109.18177<br \/>\n127.99877<br \/>\n150.33393<br \/>\n245.71197<br \/>\n26<br \/>\n87.35077<br \/>\n102.72314<br \/>\n121.09994<br \/>\n143.07864<br \/>\n169.37401<br \/>\n283.56877<br \/>\n27<br \/>\n95.33883<br \/>\n112.96822<br \/>\n134.20994<br \/>\n159.81729<br \/>\n190.69889<br \/>\n327.10408<br \/>\n28<br \/>\n103.96594<br \/>\n124.13536<br \/>\n148.63093<br \/>\n178.39719<br \/>\n214.58275<br \/>\n377.16969<br \/>\n29<br \/>\n113.28321<br \/>\n136.30754<br \/>\n164.49402<br \/>\n199.02088<br \/>\n241.33268<br \/>\n434.74515<br \/>\n30<br \/>\n123.34587<br \/>\n149.57522<br \/>\n181.94343<br \/>\n221.91317<br \/>\n271.29261<br \/>\n500.95692<br \/>\n31<br \/>\n134.21354<br \/>\n164.03699<br \/>\n201.13777<br \/>\n247.32362<br \/>\n304.84772<br \/>\n577.10046<br \/>\n32<br \/>\n145.95062<br \/>\n179.80032<br \/>\n222.25154<br \/>\n275.52922<br \/>\n342.42945<br \/>\n644.66553<br \/>\n33<br \/>\n158.62667<br \/>\n196.98234<br \/>\n245.47670<br \/>\n306.83744<br \/>\n384.52098<br \/>\n765.36535<br \/>\n34<br \/>\n172.31680<br \/>\n215.71076<br \/>\n271.02437<br \/>\n341.58955<br \/>\n431.66350<br \/>\n881.17016<br \/>\n35<br \/>\n187.10215<br \/>\n236.12472<br \/>\n299.12681<br \/>\n380.16441<br \/>\n484.46312<br \/>\n1014.34568<br \/>\n36<br \/>\n203.07032<br \/>\n258.37595<br \/>\n330.03949<br \/>\n422.98249<br \/>\n543.59869<br \/>\n1167.49753<br \/>\n37<br \/>\n220.31595<br \/>\n282.62978<br \/>\n364.04343<br \/>\n470.51056<br \/>\n609.83053<br \/>\n1343.62216<br \/>\n38<br \/>\n238.94122<br \/>\n309.06646<br \/>\n401.44778<br \/>\n523.26673<br \/>\n684.01020<br \/>\n1546.16549<br \/>\n39<br \/>\n259.05652<br \/>\n337.88245<br \/>\n442.59256<br \/>\n581.82607<br \/>\n767.09142<br \/>\n1779.09031<br \/>\n40<br \/>\n4.PRESENT VALUE OF AN ORDINARY ANNUITY OF 1  TABLE. Contains the amounts that must be deposited now at a specified rate of interest to permit withdrawals of 1 at the end of regular periodic intervals for the specified number of periods (Table 6.4).<br \/>\nTable6.4PRESENT VALUE OF AN ORDINARY ANNUITY OF 1<br \/>\nPVF-OAn,i=1-1(1+i)ni<br \/>\n(n) Periods<br \/>\n2%<br \/>\n2?%<br \/>\n3%<br \/>\n4%<br \/>\n5%<br \/>\n6%<br \/>\n 1<br \/>\n.98039<br \/>\n.97561<br \/>\n.97087<br \/>\n.96154<br \/>\n.95238<br \/>\n.94340<br \/>\n 2<br \/>\n1.94156<br \/>\n1.92742<br \/>\n1.91347<br \/>\n1.88609<br \/>\n1.85941<br \/>\n1.83339<br \/>\n 3<br \/>\n2.88388<br \/>\n2.85602<br \/>\n2.82861<br \/>\n2.77509<br \/>\n2.72325<br \/>\n2.67301<br \/>\n 4<br \/>\n3.80773<br \/>\n3.76197<br \/>\n3.71710<br \/>\n3.62990<br \/>\n3.54595<br \/>\n3.46511<br \/>\n 5<br \/>\n4.71346<br \/>\n4.64583<br \/>\n4.57971<br \/>\n4.45182<br \/>\n4.32948<br \/>\n4.21236<br \/>\n 6<br \/>\n5.60143<br \/>\n5.50813<br \/>\n5.41719<br \/>\n5.24214<br \/>\n5.07569<br \/>\n4.91732<br \/>\n 7<br \/>\n6.47199<br \/>\n6.34939<br \/>\n6.23028<br \/>\n6.00205<br \/>\n5.78637<br \/>\n5.58238<br \/>\n 8<br \/>\n7.32548<br \/>\n7.17014<br \/>\n7.01969<br \/>\n6.73274<br \/>\n6.46321<br \/>\n6.20979<br \/>\n 9<br \/>\n8.16224<br \/>\n7.97087<br \/>\n7.78611<br \/>\n7.43533<br \/>\n7.10782<br \/>\n6.80169<br \/>\n10<br \/>\n8.98259<br \/>\n8.75206<br \/>\n8.53020<br \/>\n8.11090<br \/>\n7.72173<br \/>\n7.36009<br \/>\n11<br \/>\n9.78685<br \/>\n9.51421<br \/>\n9.25262<br \/>\n8.76048<br \/>\n8.30641<br \/>\n7.88687<br \/>\n12<br \/>\n10.57534<br \/>\n10.25776<br \/>\n9.95400<br \/>\n9.38507<br \/>\n8.86325<br \/>\n8.38384<br \/>\n13<br \/>\n11.34837<br \/>\n10.98319<br \/>\n10.63496<br \/>\n9.98565<br \/>\n9.39357<br \/>\n8.85268<br \/>\n14<br \/>\n12.10625<br \/>\n11.69091<br \/>\n11.29607<br \/>\n10.56312<br \/>\n9.89864<br \/>\n9.29498<br \/>\n15<br \/>\n12.84926<br \/>\n12.38138<br \/>\n11.93794<br \/>\n11.11839<br \/>\n10.37966<br \/>\n9.71225<br \/>\n16<br \/>\n13.57771<br \/>\n13.05500<br \/>\n12.56110<br \/>\n11.65230<br \/>\n10.83777<br \/>\n10.10590<br \/>\n17<br \/>\n14.29187<br \/>\n13.71220<br \/>\n13.16612<br \/>\n12.16567<br \/>\n11.27407<br \/>\n10.47726<br \/>\n18<br \/>\n14.99203<br \/>\n14.35336<br \/>\n13.75351<br \/>\n12.65930<br \/>\n11.68959<br \/>\n10.82760<br \/>\n19<br \/>\n15.67846<br \/>\n14.97889<br \/>\n14.32380<br \/>\n13.13394<br \/>\n12.08532<br \/>\n11.15812<br \/>\n20<br \/>\n16.35143<br \/>\n15.58916<br \/>\n14.87747<br \/>\n13.59033<br \/>\n12.46221<br \/>\n11.46992<br \/>\n21<br \/>\n17.01121<br \/>\n16.18455<br \/>\n15.41502<br \/>\n14.02916<br \/>\n12.82115<br \/>\n11.76408<br \/>\n22<br \/>\n17.65805<br \/>\n16.76541<br \/>\n15.93692<br \/>\n14.45112<br \/>\n13.16300<br \/>\n12.04158<br \/>\n23<br \/>\n18.29220<br \/>\n17.33211<br \/>\n16.44361<br \/>\n14.85684<br \/>\n13.48857<br \/>\n12.30338<br \/>\n24<br \/>\n18.91393<br \/>\n17.88499<br \/>\n16.93554<br \/>\n15.24696<br \/>\n13.79864<br \/>\n12.55036<br \/>\n25<br \/>\n19.52346<br \/>\n18.42438<br \/>\n17.41315<br \/>\n15.62208<br \/>\n14.09394<br \/>\n12.78336<br \/>\n26<br \/>\n20.12104<br \/>\n18.95061<br \/>\n17.87684<br \/>\n15.98277<br \/>\n14.37519<br \/>\n13.00317<br \/>\n27<br \/>\n20.70690<br \/>\n19.46401<br \/>\n18.32703<br \/>\n16.32959<br \/>\n14.64303<br \/>\n13.21053<br \/>\n28<br \/>\n21.28127<br \/>\n19.96489<br \/>\n18.76411<br \/>\n16.66306<br \/>\n14.89813<br \/>\n13.40616<br \/>\n29<br \/>\n21.84438<br \/>\n20.45355<br \/>\n19.18845<br \/>\n16.98371<br \/>\n15.14107<br \/>\n13.59072<br \/>\n30<br \/>\n22.39646<br \/>\n20.93029<br \/>\n19.60044<br \/>\n17.29203<br \/>\n15.37245<br \/>\n13.76483<br \/>\n31<br \/>\n22.93770<br \/>\n21.39541<br \/>\n20.00043<br \/>\n17.58849<br \/>\n15.59281<br \/>\n13.92909<br \/>\n32<br \/>\n23.46833<br \/>\n21.84918<br \/>\n20.38877<br \/>\n17.87355<br \/>\n15.80268<br \/>\n14.08404<br \/>\n33<br \/>\n23.98856<br \/>\n22.29188<br \/>\n20.76579<br \/>\n18.14765<br \/>\n16.00255<br \/>\n14.23023<br \/>\n34<br \/>\n24.49859<br \/>\n22.72379<br \/>\n21.13184<br \/>\n18.41120<br \/>\n16.19290<br \/>\n14.36814<br \/>\n35<br \/>\n24.99862<br \/>\n23.14516<br \/>\n21.48722<br \/>\n18.66461<br \/>\n16.37419<br \/>\n14.49825<br \/>\n36<br \/>\n25.48884<br \/>\n23.55625<br \/>\n21.83225<br \/>\n18.90828<br \/>\n16.54685<br \/>\n14.62099<br \/>\n37<br \/>\n25.96945<br \/>\n23.95732<br \/>\n22.16724<br \/>\n19.14258<br \/>\n16.71129<br \/>\n14.73678<br \/>\n38<br \/>\n26.44064<br \/>\n24.34860<br \/>\n22.49246<br \/>\n19.36786<br \/>\n16.86789<br \/>\n14.84602<br \/>\n39<br \/>\n26.90259<br \/>\n24.73034<br \/>\n22.80822<br \/>\n19.58448<br \/>\n17.01704<br \/>\n14.94907<br \/>\n40<br \/>\n27.35548<br \/>\n25.10278<br \/>\n23.11477<br \/>\n19.79277<br \/>\n17.15909<br \/>\n15.04630<br \/>\n8%<br \/>\n9%<br \/>\n10%<br \/>\n11%<br \/>\n12%<br \/>\n15%<br \/>\n(n) Periods<br \/>\n.92593<br \/>\n.91743<br \/>\n.90909<br \/>\n.90090<br \/>\n.89286<br \/>\n.86957<br \/>\n 1<br \/>\n1.78326<br \/>\n1.75911<br \/>\n1.73554<br \/>\n1.71252<br \/>\n1.69005<br \/>\n1.62571<br \/>\n 2<br \/>\n2.57710<br \/>\n2.53130<br \/>\n2.48685<br \/>\n2.44371<br \/>\n2.40183<br \/>\n2.28323<br \/>\n 3<br \/>\n3.31213<br \/>\n3.23972<br \/>\n3.16986<br \/>\n3.10245<br \/>\n3.03735<br \/>\n2.85498<br \/>\n 4<br \/>\n3.99271<br \/>\n3.88965<br \/>\n3.79079<br \/>\n3.69590<br \/>\n3.60478<br \/>\n3.35216<br \/>\n 5<br \/>\n4.62288<br \/>\n4.48592<br \/>\n4.35526<br \/>\n4.23054<br \/>\n4.11141<br \/>\n3.78448<br \/>\n 6<br \/>\n5.20637<br \/>\n5.03295<br \/>\n4.86842<br \/>\n4.71220<br \/>\n4.56376<br \/>\n4.16042<br \/>\n 7<br \/>\n5.74664<br \/>\n5.53482<br \/>\n5.33493<br \/>\n5.14612<br \/>\n4.96764<br \/>\n4.48732<br \/>\n 8<br \/>\n6.24689<br \/>\n5.99525<br \/>\n5.75902<br \/>\n5.53705<br \/>\n5.32825<br \/>\n4.77158<br \/>\n 9<br \/>\n6.71008<br \/>\n6.41766<br \/>\n6.14457<br \/>\n5.88923<br \/>\n5.65022<br \/>\n5.01877<br \/>\n10<br \/>\n7.13896<br \/>\n6.80519<br \/>\n6.49506<br \/>\n6.20652<br \/>\n5.93770<br \/>\n5.23371<br \/>\n11<br \/>\n7.53608<br \/>\n7.16073<br \/>\n6.81369<br \/>\n6.49236<br \/>\n6.19437<br \/>\n5.42062<br \/>\n12<br \/>\n7.90378<br \/>\n7.48690<br \/>\n7.10336<br \/>\n6.74987<br \/>\n6.42355<br \/>\n5.58315<br \/>\n13<br \/>\n8.24424<br \/>\n7.78615<br \/>\n7.36669<br \/>\n6.98187<br \/>\n6.62817<br \/>\n5.72448<br \/>\n14<br \/>\n8.55948<br \/>\n8.06069<br \/>\n7.60608<br \/>\n7.19087<br \/>\n6.81086<br \/>\n5.84737<br \/>\n15<br \/>\n8.85137<br \/>\n8.31256<br \/>\n7.82371<br \/>\n7.37916<br \/>\n6.97399<br \/>\n5.95424<br \/>\n16<br \/>\n9.12164<br \/>\n8.54363<br \/>\n8.02155<br \/>\n7.54879<br \/>\n7.11963<br \/>\n6.04716<br \/>\n17<br \/>\n9.37189<br \/>\n8.75563<br \/>\n8.20141<br \/>\n7.70162<br \/>\n7.24967<br \/>\n6.12797<br \/>\n18<br \/>\n9.60360<br \/>\n8.95012<br \/>\n8.36492<br \/>\n7.83929<br \/>\n7.36578<br \/>\n6.19823<br \/>\n19<br \/>\n9.81815<br \/>\n9.12855<br \/>\n8.51356<br \/>\n7.96333<br \/>\n7.46944<br \/>\n6.25933<br \/>\n20<br \/>\n10.01680<br \/>\n9.29224<br \/>\n8.64869<br \/>\n8.07507<br \/>\n7.56200<br \/>\n6.31246<br \/>\n21<br \/>\n10.20074<br \/>\n9.44243<br \/>\n8.77154<br \/>\n8.17574<br \/>\n7.64465<br \/>\n6.35866<br \/>\n22<br \/>\n10.37106<br \/>\n9.58021<br \/>\n8.88322<br \/>\n8.26643<br \/>\n7.71843<br \/>\n6.39884<br \/>\n23<br \/>\n10.52876<br \/>\n9.70661<br \/>\n8.98474<br \/>\n8.34814<br \/>\n7.78432<br \/>\n6.43377<br \/>\n24<br \/>\n10.67478<br \/>\n9.82258<br \/>\n9.07704<br \/>\n8.42174<br \/>\n7.84314<br \/>\n6.46415<br \/>\n25<br \/>\n10.80998<br \/>\n9.92897<br \/>\n9.16095<br \/>\n8.48806<br \/>\n7.89566<br \/>\n6.49056<br \/>\n26<br \/>\n10.93516<br \/>\n10.02658<br \/>\n9.23722<br \/>\n8.54780<br \/>\n7.94255<br \/>\n6.51353<br \/>\n27<br \/>\n11.05108<br \/>\n10.11613<br \/>\n9.30657<br \/>\n8.60162<br \/>\n7.98442<br \/>\n6.53351<br \/>\n28<br \/>\n11.15841<br \/>\n10.19828<br \/>\n9.36961<br \/>\n8.65011<br \/>\n8.02181<br \/>\n6.55088<br \/>\n29<br \/>\n11.25778<br \/>\n10.27365<br \/>\n9.42691<br \/>\n8.69379<br \/>\n8.05518<br \/>\n6.56598<br \/>\n30<br \/>\n11.34980<br \/>\n10.34280<br \/>\n9.47901<br \/>\n8.73315<br \/>\n8.08499<br \/>\n6.57911<br \/>\n31<br \/>\n11.43500<br \/>\n10.40624<br \/>\n9.52638<br \/>\n8.76860<br \/>\n8.11159<br \/>\n6.59053<br \/>\n32<br \/>\n11.51389<br \/>\n10.46444<br \/>\n9.56943<br \/>\n8.80054<br \/>\n8.13535<br \/>\n6.60046<br \/>\n33<br \/>\n11.58693<br \/>\n10.51784<br \/>\n9.60858<br \/>\n8.82932<br \/>\n8.15656<br \/>\n6.60910<br \/>\n34<br \/>\n11.65457<br \/>\n10.56682<br \/>\n9.64416<br \/>\n8.85524<br \/>\n8.17550<br \/>\n6.61661<br \/>\n35<br \/>\n11.71719<br \/>\n10.61176<br \/>\n9.67651<br \/>\n8.87859<br \/>\n8.19241<br \/>\n6.62314<br \/>\n36<br \/>\n11.77518<br \/>\n10.65299<br \/>\n9.70592<br \/>\n8.89963<br \/>\n8.20751<br \/>\n6.62882<br \/>\n37<br \/>\n11.82887<br \/>\n10.69082<br \/>\n9.73265<br \/>\n8.91859<br \/>\n8.22099<br \/>\n6.63375<br \/>\n38<br \/>\n11.87858<br \/>\n10.72552<br \/>\n9.75697<br \/>\n8.93567<br \/>\n8.23303<br \/>\n6.63805<br \/>\n39<br \/>\n11.92461<br \/>\n10.75736<br \/>\n9.77905<br \/>\n8.95105<br \/>\n8.24378<br \/>\n6.64178<br \/>\n40<br \/>\n5.PRESENT VALUE OF AN ANNUITY DUE OF 1 TABLE. Contains the amounts that must be deposited now at a specified rate of interest to permit withdrawals of 1 at the beginning of regular periodic intervals for the specified number of periods (Table 6.5).<br \/>\nTable6.5PRESENT VALUE OF AN ANNUITY DUE OF 1<br \/>\nPVF-ADn,i=1+1-1(1+i)n-1i<br \/>\n(n) Periods<br \/>\n2%<br \/>\n2?%<br \/>\n3%<br \/>\n4%<br \/>\n5%<br \/>\n6%<br \/>\n 1<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n 2<br \/>\n1.98039<br \/>\n1.97561<br \/>\n1.97087<br \/>\n1.96154<br \/>\n1.95238<br \/>\n1.94340<br \/>\n 3<br \/>\n2.94156<br \/>\n2.92742<br \/>\n2.91347<br \/>\n2.88609<br \/>\n2.85941<br \/>\n2.83339<br \/>\n 4<br \/>\n3.88388<br \/>\n3.85602<br \/>\n3.82861<br \/>\n3.77509<br \/>\n3.72325<br \/>\n3.67301<br \/>\n 5<br \/>\n4.80773<br \/>\n4.76197<br \/>\n4.71710<br \/>\n4.62990<br \/>\n4.54595<br \/>\n4.46511<br \/>\n 6<br \/>\n5.71346<br \/>\n5.64583<br \/>\n5.57971<br \/>\n5.45182<br \/>\n5.32948<br \/>\n5.21236<br \/>\n 7<br \/>\n6.60143<br \/>\n6.50813<br \/>\n6.41719<br \/>\n6.24214<br \/>\n6.07569<br \/>\n5.91732<br \/>\n 8<br \/>\n7.47199<br \/>\n7.34939<br \/>\n7.23028<br \/>\n7.00205<br \/>\n6.78637<br \/>\n6.58238<br \/>\n 9<br \/>\n8.32548<br \/>\n8.17014<br \/>\n8.01969<br \/>\n7.73274<br \/>\n7.46321<br \/>\n7.20979<br \/>\n10<br \/>\n9.16224<br \/>\n8.97087<br \/>\n8.78611<br \/>\n8.43533<br \/>\n8.10782<br \/>\n7.80169<br \/>\n11<br \/>\n9.98259<br \/>\n9.75206<br \/>\n9.53020<br \/>\n9.11090<br \/>\n8.72173<br \/>\n8.36009<br \/>\n12<br \/>\n10.78685<br \/>\n10.51421<br \/>\n10.25262<br \/>\n9.76048<br \/>\n9.30641<br \/>\n8.88687<br \/>\n13<br \/>\n11.57534<br \/>\n11.25776<br \/>\n10.95400<br \/>\n10.38507<br \/>\n9.86325<br \/>\n9.38384<br \/>\n14<br \/>\n12.34837<br \/>\n11.98319<br \/>\n11.63496<br \/>\n10.98565<br \/>\n10.39357<br \/>\n9.85268<br \/>\n15<br \/>\n13.10625<br \/>\n12.69091<br \/>\n12.29607<br \/>\n11.56312<br \/>\n10.89864<br \/>\n10.29498<br \/>\n16<br \/>\n13.84926<br \/>\n13.38138<br \/>\n12.93794<br \/>\n12.11839<br \/>\n11.37966<br \/>\n10.71225<br \/>\n17<br \/>\n14.57771<br \/>\n14.05500<br \/>\n13.56110<br \/>\n12.65230<br \/>\n11.83777<br \/>\n11.10590<br \/>\n18<br \/>\n15.29187<br \/>\n14.71220<br \/>\n14.16612<br \/>\n13.16567<br \/>\n12.27407<br \/>\n11.47726<br \/>\n19<br \/>\n15.99203<br \/>\n15.35336<br \/>\n14.75351<br \/>\n13.65930<br \/>\n12.68959<br \/>\n11.82760<br \/>\n20<br \/>\n16.67846<br \/>\n15.97889<br \/>\n15.32380<br \/>\n14.13394<br \/>\n13.08532<br \/>\n12.15812<br \/>\n21<br \/>\n17.35143<br \/>\n16.58916<br \/>\n15.87747<br \/>\n14.59033<br \/>\n13.46221<br \/>\n12.46992<br \/>\n22<br \/>\n18.01121<br \/>\n17.18455<br \/>\n16.41502<br \/>\n15.02916<br \/>\n13.82115<br \/>\n12.76408<br \/>\n23<br \/>\n18.65805<br \/>\n17.76541<br \/>\n16.93692<br \/>\n15.45112<br \/>\n14.16300<br \/>\n13.04158<br \/>\n24<br \/>\n19.29220<br \/>\n18.33211<br \/>\n17.44361<br \/>\n15.85684<br \/>\n14.48857<br \/>\n13.30338<br \/>\n25<br \/>\n19.91393<br \/>\n18.88499<br \/>\n17.93554<br \/>\n16.24696<br \/>\n14.79864<br \/>\n13.55036<br \/>\n26<br \/>\n20.52346<br \/>\n19.42438<br \/>\n18.41315<br \/>\n16.62208<br \/>\n15.09394<br \/>\n13.78336<br \/>\n27<br \/>\n21.12104<br \/>\n19.95061<br \/>\n18.87684<br \/>\n16.98277<br \/>\n15.37519<br \/>\n14.00317<br \/>\n28<br \/>\n21.70690<br \/>\n20.46401<br \/>\n19.32703<br \/>\n17.32959<br \/>\n15.64303<br \/>\n14.21053<br \/>\n29<br \/>\n22.28127<br \/>\n20.96489<br \/>\n19.76411<br \/>\n17.66306<br \/>\n15.89813<br \/>\n14.40616<br \/>\n30<br \/>\n22.84438<br \/>\n21.45355<br \/>\n20.18845<br \/>\n17.98371<br \/>\n16.14107<br \/>\n14.59072<br \/>\n31<br \/>\n23.39646<br \/>\n21.93029<br \/>\n20.60044<br \/>\n18.29203<br \/>\n16.37245<br \/>\n14.76483<br \/>\n32<br \/>\n23.93770<br \/>\n22.39541<br \/>\n21.00043<br \/>\n18.58849<br \/>\n16.59281<br \/>\n14.92909<br \/>\n33<br \/>\n24.46833<br \/>\n22.84918<br \/>\n21.38877<br \/>\n18.87355<br \/>\n16.80268<br \/>\n15.08404<br \/>\n34<br \/>\n24.98856<br \/>\n23.29188<br \/>\n21.76579<br \/>\n19.14765<br \/>\n17.00255<br \/>\n15.23023<br \/>\n35<br \/>\n25.49859<br \/>\n23.72379<br \/>\n22.13184<br \/>\n19.41120<br \/>\n17.19290<br \/>\n15.36814<br \/>\n36<br \/>\n25.99862<br \/>\n24.14516<br \/>\n22.48722<br \/>\n19.66461<br \/>\n17.37419<br \/>\n15.49825<br \/>\n37<br \/>\n26.48884<br \/>\n24.55625<br \/>\n22.83225<br \/>\n19.90828<br \/>\n17.54685<br \/>\n15.62099<br \/>\n38<br \/>\n26.96945<br \/>\n24.95732<br \/>\n23.16724<br \/>\n20.14258<br \/>\n17.71129<br \/>\n15.73678<br \/>\n39<br \/>\n27.44064<br \/>\n25.34860<br \/>\n23.49246<br \/>\n20.36786<br \/>\n17.86789<br \/>\n15.84602<br \/>\n40<br \/>\n27.90259<br \/>\n25.73034<br \/>\n23.80822<br \/>\n20.58448<br \/>\n18.01704<br \/>\n15.94907<br \/>\n8%<br \/>\n9%<br \/>\n10%<br \/>\n11%<br \/>\n12%<br \/>\n15%<br \/>\n(n) Periods<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n1.00000<br \/>\n 1<br \/>\n1.92593<br \/>\n1.91743<br \/>\n1.90909<br \/>\n1.90090<br \/>\n1.89286<br \/>\n1.86957<br \/>\n 2<br \/>\n2.78326<br \/>\n2.75911<br \/>\n2.73554<br \/>\n2.71252<br \/>\n2.69005<br \/>\n2.62571<br \/>\n 3<br \/>\n3.57710<br \/>\n3.53130<br \/>\n3.48685<br \/>\n3.44371<br \/>\n3.40183<br \/>\n3.28323<br \/>\n 4<br \/>\n4.31213<br \/>\n4.23972<br \/>\n4.16986<br \/>\n4.10245<br \/>\n4.03735<br \/>\n3.85498<br \/>\n 5<br \/>\n4.99271<br \/>\n4.88965<br \/>\n4.79079<br \/>\n4.69590<br \/>\n4.60478<br \/>\n4.35216<br \/>\n 6<br \/>\n5.62288<br \/>\n5.48592<br \/>\n5.35526<br \/>\n5.23054<br \/>\n5.11141<br \/>\n4.78448<br \/>\n 7<br \/>\n6.20637<br \/>\n6.03295<br \/>\n5.86842<br \/>\n5.71220<br \/>\n5.56376<br \/>\n5.16042<br \/>\n 8<br \/>\n6.74664<br \/>\n6.53482<br \/>\n6.33493<br \/>\n6.14612<br \/>\n5.96764<br \/>\n5.48732<br \/>\n 9<br \/>\n7.24689<br \/>\n6.99525<br \/>\n6.75902<br \/>\n6.53705<br \/>\n6.32825<br \/>\n5.77158<br \/>\n10<br \/>\n7.71008<br \/>\n7.41766<br \/>\n7.14457<br \/>\n6.88923<br \/>\n6.65022<br \/>\n6.01877<br \/>\n11<br \/>\n8.13896<br \/>\n7.80519<br \/>\n7.49506<br \/>\n7.20652<br \/>\n6.93770<br \/>\n6.23371<br \/>\n12<br \/>\n8.53608<br \/>\n8.16073<br \/>\n7.81369<br \/>\n7.49236<br \/>\n7.19437<br \/>\n6.42062<br \/>\n13<br \/>\n8.90378<br \/>\n8.48690<br \/>\n8.10336<br \/>\n7.74987<br \/>\n7.42355<br \/>\n6.58315<br \/>\n14<br \/>\n9.24424<br \/>\n8.78615<br \/>\n8.36669<br \/>\n7.98187<br \/>\n7.62817<br \/>\n6.72448<br \/>\n15<br \/>\n9.55948<br \/>\n9.06069<br \/>\n8.60608<br \/>\n8.19087<br \/>\n7.81086<br \/>\n6.84737<br \/>\n16<br \/>\n9.85137<br \/>\n9.31256<br \/>\n8.82371<br \/>\n8.37916<br \/>\n7.97399<br \/>\n6.95424<br \/>\n17<br \/>\n10.12164<br \/>\n9.54363<br \/>\n9.02155<br \/>\n8.54879<br \/>\n8.11963<br \/>\n7.04716<br \/>\n18<br \/>\n10.37189<br \/>\n9.75563<br \/>\n9.20141<br \/>\n8.70162<br \/>\n8.24967<br \/>\n7.12797<br \/>\n19<br \/>\n10.60360<br \/>\n9.95012<br \/>\n9.36492<br \/>\n8.83929<br \/>\n8.36578<br \/>\n7.19823<br \/>\n20<br \/>\n10.81815<br \/>\n10.12855<br \/>\n9.51356<br \/>\n8.96333<br \/>\n8.46944<br \/>\n7.25933<br \/>\n21<br \/>\n11.01680<br \/>\n10.29224<br \/>\n9.64869<br \/>\n9.07507<br \/>\n8.56200<br \/>\n7.31246<br \/>\n22<br \/>\n11.20074<br \/>\n10.44243<br \/>\n9.77154<br \/>\n9.17574<br \/>\n8.64465<br \/>\n7.35866<br \/>\n23<br \/>\n11.37106.<br \/>\n10.58021<br \/>\n9.88322<br \/>\n9.26643<br \/>\n8.71843<br \/>\n7.39884<br \/>\n24<br \/>\n11.52876<br \/>\n10.70661<br \/>\n9.98474<br \/>\n9.34814<br \/>\n8.78432<br \/>\n7.43377<br \/>\n25<br \/>\n11.67478<br \/>\n10.82258<br \/>\n10.07704<br \/>\n9.42174<br \/>\n8.84314<br \/>\n7.46415<br \/>\n26<br \/>\n11.80998<br \/>\n10.92897<br \/>\n10.16095<br \/>\n9.48806<br \/>\n8.89566<br \/>\n7.49056<br \/>\n27<br \/>\n11.93518<br \/>\n11.02658<br \/>\n10.23722<br \/>\n9.54780<br \/>\n8.94255<br \/>\n7.51353<br \/>\n28<br \/>\n12.05108<br \/>\n11.11613<br \/>\n10.30657<br \/>\n9.60162<br \/>\n8.98442<br \/>\n7.53351<br \/>\n29<br \/>\n12.15841<br \/>\n11.19828<br \/>\n10.36961<br \/>\n9.65011<br \/>\n9.02181<br \/>\n7.55088<br \/>\n30<br \/>\n12.25778<br \/>\n11.27365<br \/>\n10.42691<br \/>\n9.69379<br \/>\n9.05518<br \/>\n7.56598<br \/>\n31<br \/>\n12.34980<br \/>\n11.34280<br \/>\n10.47901<br \/>\n9.73315<br \/>\n9.08499<br \/>\n7.57911<br \/>\n32<br \/>\n12.43500<br \/>\n11.40624<br \/>\n10.52638<br \/>\n9.76860<br \/>\n9.11159<br \/>\n7.59053<br \/>\n33<br \/>\n12.51389<br \/>\n11.46444<br \/>\n10.56943<br \/>\n9.80054<br \/>\n9.13535<br \/>\n7.60046<br \/>\n34<br \/>\n12.58693<br \/>\n11.51784<br \/>\n10.60858<br \/>\n9.82932<br \/>\n9.15656<br \/>\n7.60910<br \/>\n35<br \/>\n12.65457<br \/>\n11.56682<br \/>\n10.64416<br \/>\n9.85524<br \/>\n9.17550<br \/>\n7.61661<br \/>\n36<br \/>\n12.71719<br \/>\n11.61176<br \/>\n10.67651<br \/>\n9.87859<br \/>\n9.19241<br \/>\n7.62314<br \/>\n37<br \/>\n12.77518<br \/>\n11.65299<br \/>\n10.70592<br \/>\n9.89963<br \/>\n9.20751<br \/>\n7.62882<br \/>\n38<br \/>\n12.82887<br \/>\n11.69082<br \/>\n10.73265<br \/>\n9.91859<br \/>\n9.22099<br \/>\n7.63375<br \/>\n39<br \/>\n12.87858<br \/>\n11.72552<br \/>\n10.75697<br \/>\n9.93567<br \/>\n9.23303<br \/>\n7.63805<br \/>\n40<br \/>\nCopyright ? 2016 John Wiley &#038; Sons, Inc. All rights reserved.<\/p>\n<p>Exercise 21-8 (Part Level Submission)<br \/>\nThe following facts pertain to a noncancelable lease agreement between Windsor Leasing Company and Sheridan Company, a lessee.<\/p>\n<p>Inception date:\t \tMay 1, 2017\t <br \/>\nAnnual lease payment due at the beginning of\t \t \t <br \/>\n   each year, beginning with May 1, 2017\t \t$21,737.01\t <br \/>\nBargain-purchase option price at end of lease term\t \t$3,800\t <br \/>\nLease term\t \t5 \tyears<br \/>\nEconomic life of leased equipment\t \t10\tyears<br \/>\nLessor?s cost\t \t$68,000\t <br \/>\nFair value of asset at May 1, 2017\t \t$93,000\t <br \/>\nLessor?s implicit rate\t \t10\t%<br \/>\nLessee?s incremental borrowing rate\t \t10\t%<\/p>\n<p>\nThe collectibility of the lease payments is reasonably predictable, and there are no important uncertainties surrounding the costs yet to be incurred by the lessor. The lessee assumes responsibility for all executory costs.<\/p>\n<p>Click here to view factor tables<\/p>\n<p>\nCollapse question part<br \/>\n(c)<\/p>\n<p>Partially correct answer.\tYour answer is partially correct.  Try again.<\/p>\n<p>Prepare a lease amortization schedule for Sheridan Company for the 5-year lease term. (Round present value factor calculations to 5 decimal places, e.g. 1.25125 and Round answers to 2 decimal places, e.g. 15.25.)<\/p>\n<p>SHERIDAN COMPANY (Lessee)<\/p>\n<p>Lease Amortization Schedule<br \/>\nDate<\/p>\n<p>Annual Lease Payment Plus<\/p>\n<p>BPO<\/p>\n<p>Interest on<\/p>\n<p>Liability<\/p>\n<p>Reduction of Lease<\/p>\n<p>Liability<\/p>\n<p>Lease Liability<br \/>\n5\/1\/17\t \t<br \/>\n$Entry field with correct answer<\/p>\n<p>$Entry field with correct answer<\/p>\n<p>$Entry field with correct answer<\/p>\n<p>$Entry field with incorrect answer<br \/>\n90,640.50<br \/>\n5\/1\/17\t \t<br \/>\nEntry field with correct answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with correct answer<br \/>\n0.00<\/p>\n<p>Entry field with correct answer<br \/>\n21,737.03<\/p>\n<p>Entry field with incorrect answer<br \/>\n68,903.47<br \/>\n5\/1\/18\t \t<br \/>\nEntry field with correct answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with incorrect answer<br \/>\n6,890.35<\/p>\n<p>Entry field with incorrect answer<br \/>\n14,846.69<\/p>\n<p>Entry field with incorrect answer<br \/>\n54,056.78<br \/>\n5\/1\/19\t \t<br \/>\nEntry field with correct answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with incorrect answer<br \/>\n5,405.68<\/p>\n<p>Entry field with incorrect answer<br \/>\n16,331.35<\/p>\n<p>Entry field with incorrect answer<br \/>\n37,725.43<br \/>\n5\/1\/20\t \t<br \/>\nEntry field with correct answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with incorrect answer<br \/>\n3,772.54<\/p>\n<p>Entry field with incorrect answer<br \/>\n17,964.49<\/p>\n<p>Entry field with incorrect answer<br \/>\n19,760.94<br \/>\n5\/1\/21\t \t<br \/>\nEntry field with correct answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with incorrect answer<br \/>\n1,976.09<\/p>\n<p>Entry field with incorrect answer<br \/>\n19,760.94<\/p>\n<p>Entry field with incorrect answer<br \/>\n0<br \/>\n4\/30\/22\t \t<br \/>\nEntry field with incorrect answer<br \/>\n$21,737.03<\/p>\n<p>Entry field with incorrect answer<\/p>\n<p>Entry field with incorrect answer<br \/>\n \tEntry field with correct answer<\/p>\n<p>$Entry field with incorrect answer<\/p>\n<p>$Entry field with incorrect answer<\/p>\n<p>$Entry field with incorrect answer<\/p>\n<p>\nSHOW LIST OF ACCOUNTS<br \/>\nLINK TO TEXT<br \/>\nAttempts: 1 of 3 used\t \t<br \/>\nSAVE FOR LATER<br \/>\nSUBMIT ANSWER<\/p>\n<p>Expand question part<br \/>\n(d)<br \/>\nThe parts of this question must be completed in order. This part will be available when you complete the part above.<\/p>\n<p>Question 28<br \/>\nOn January 1, 2017, Bonita Corporation signed a 5-year noncancelable lease for a machine. The terms of the lease called for Bonita to make annual payments of $8,026 at the beginning of each year, starting January 1, 2017. The machine has an estimated useful life of 6 years and a $4,900 unguaranteed residual value. The machine reverts back to the lessor at the end of the lease term. Bonita uses the straight-line method of depreciation for all of its plant assets. Bonita?s incremental borrowing rate is 10%, and the lessor?s implicit rate is unknown.<\/p>\n<p>Click here to view factor tables<\/p>\n<p>\nCOMPUTEthe present value of the minimum lease payments. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.)<\/p>\n<p>The present value of the minimum lease payments\t \t<br \/>\n$<\/p>\n<p>\nPrepare all necessary journal entries for Bonita for this lease through January 1, 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select &#8220;No Entry&#8221; for the account titles and enter 0 for the amounts. Round answers to 0 decimal places e.g. 58,971.)<\/p>\n<p>Date<br \/>\nAccount Titles and Explanation<br \/>\nDebit<br \/>\nCredit<\/p>\n<p>\nLeased Equipment<\/p>\n<p>\nLease Liability<\/p>\n<p>(To record the lease.)<\/p>\n<p>Lease Liability<\/p>\n<p>8026<\/p>\n<p>Cash<\/p>\n<p>\n8026<\/p>\n<p>(To record first payment.)<\/p>\n<p>Depreciation Expense<\/p>\n<p>\nAccumulated Depreciation-Capital Leases<\/p>\n<p>(To record depreciation.)<\/p>\n<p>Interest Expense<\/p>\n<p>\nInterest Payable<\/p>\n<p>(To record interest.)<\/p>\n<p>1\/1\/18<\/p>\n<p>Lease Liability<\/p>\n<p>\nInterest Payable<\/p>\n<p>\nCash<\/p>\n<p>(To record second payament.)<\/p>\n<p>\nQuestion 27<br \/>\nPEARLCorporation manufactures replicators. On January 1, 2017, it leased to Althaus Company a replicator that had cost $100,000 to manufacture. The lease agreement covers the 5-year useful life of the replicator and requires 5 equal annual rentals of $40,200 payable each January 1, beginning January 1, 2017. An interest rate of 12% is implicit in the lease agreement. Collectibility of the rentals is reasonably assured, and there are no IMPORTANT uncertainties concerning costs.<\/p>\n<p>Prepare Pearl?s January 1, 2017, journal entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select &#8220;No Entry&#8221; for the account titles and enter 0 for the amounts. Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. 58,971.)<\/p>\n<p>Click here to view factor tables<\/p>\n<p>Date<br \/>\nAccount Titles and Explanation<br \/>\nDebit<br \/>\nCredit<br \/>\nJanuary 1, 2017<\/p>\n<p>Lease Receivable<\/p>\n<p>\nSales Revenue<\/p>\n<p>(To record the lease.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FUTURE VALUE OF 1 TABLE. Contains the amounts to which 1 will accumulate if deposited now at a specified rate and left for a specified number of periods (Table 6.1). Table6.1FUTURE VALUE OF 1 (FUTURE VALUE OF A SUM) FVFn,i=(1+i)n <a href=\"https:\/\/www.benedictsol.com\/blogs\/future-value-of-a-sum\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2513","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/2513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=2513"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/2513\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=2513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=2513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=2513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}