Complete the following using compound future value. (Use the Table provided.) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Time 2 years Principal S 15,000 Rate Compounded 8% Quarterly Amount I Interest
Complete the following using compound future value. (Use the Table provided.) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Time 2 years Principal S 15,000 Rate Compounded 8% Quarterly Amount I Interest
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please Provided details solution and Do not Give image format
Transcribed Image Text:Complete the following using compound future value. (Use the Table provided.)
Note: Do not round intermediate calculations. Round your final answers to the nearest cent.
Time
2 years
Principal
S 15,000
Rate
Compounded
8% Quarterly
Amount
I
Interest
Transcribed Image Text:Future value interest factor of $1 per period at i% for n periods, FVIF(i,n).
Period
3.096
4.0%
0.5% 1.0%
1.0050 10100
1
1.5%
10150
10100 10201 1.0302
2
2.0%
1.0200
1.0506 10609 1.0712
1.0404
1.0769 1.0927 11087
1.1475
2.5%
4.5%
3.59
1.0250 10300 10350 10400 10450
1.0920
10816
1.1249 1.1412
1.1925
10151
1.0303
10612
1.0457
1.1038 1.1255
1.0614
1.0202 1.0406
1.0824
1.0253 10510
1.0773
1.1041
1.1314
1.1877
1.0304
1.0934
1.1262
11597
1.2293 1.2653
10155
1.1487
11887
1:2299
1.2723
13159
1.3686
1.0407
1.1717 1.2184
1.2668 13168
1.0459
1.1951 1.2489
1.2801
12190
12434
13121
12682
1.3449
1.1381
1.2136
1.2936
1.7722
11495 12318
1.7317
1.8519
13195
1.3459
12690 1.3728
12502
18009
1.9353
1.4845 1.6047 1.7340
1.8730
2.0224
1.4002
1.3216
19479 2.1134
1.7947
1.6528
1.7024
14282
1.5597
1.8575
2.0258
2.2015
14568 1.3987 1.7535 1.9225 2.1068 2.3079
14859 16386 1.8061 1.9898 2.1911 24117
15157 1.6796 1.8603 2.0594 22788 25202
15460 1.7216 1.9161 2.1315 2.3699 2.6337
1.7646 1.9736 22061 2.4647 2.7522
1.8087 2.0328 2.2833 2.5633 2.8760
1.1216
1.5769
24 11272 1:2697 14295) 1,6084
25 1.1328 12824 14509 16406 1.8539 2:0938 2.3632 2.6658 3.0054
19941 14999
10001 3146
27775 11409
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
BARABARAN
19
20
21
22
23
1.0511
1.0564
1.0617
1.0670
09111
1:0615
1:0721
1.1098
1.0829 1.1265
1.0937
1.1434
11046
11605
1.0723
1.0777 1.1610.
1.0831
1.0885
1,0939
1.0994 12051
1.2202
1:1049
1.1104
12324 1.3671
1.2447 1.3876
12572 14014
SELE
1.1157
1.1779
1.1268 1.1956
1.1726
1.1843
1.2880
1.1961 1.3073
1.3270
13469
One Most Dance
FILY
1.1593
1.1941
1.3048 13629
13439 14106
13842 14600
14258
13111
13785 14685 1.5640
14130 15126
16187
14483 1.5580 1.6753
URY C
1.1699
12167
1.2462
1.3023
15991
1.3609
14221
1.4861
1.4233
1.4802
15530
1.5395
1.6229
1601016959
5.5%
60%
1.0550 1,0600
5.0%
1.0500
1.1025 1.1130 1.1236
1.1910
1.2625
1.3382
1.1576 1.1742
12155
1.2388
1.2763
1.3070
1.3401
1.3788
14185
1.4547
1.4071
1.5036 1.5540
1.6590
14775
1.6550
1.5938
1.7835
15347
16191
1.5513
1.6895
1.7626
1.6289
1.7081
1.7908
18771
1.9172
20610
2.2156
2.3818
1.7103
1.8021
1.8983
1.9992
1.7959
19012
20122
2.1291
2.2522
1.8856
2.1329
2.2675
2.4098
2.5604
1.9799
2.2609
2.4149
2.3785
2.0789
2.3966
2.5718
2.7590
2.1829
2.3553
25404
22920
2.7524
2.9589
2.7390 2.9522 3.1808
24548 2.6928 2.9170 3.1588 3.4194
24066
2.8543
2.6215
3.1067 33799 3.6758
2.3270 2.7656 3.0256 3.3086 3.6165 3.9515
29178
26533
3.2071
42479
3.5236 3.5697
2.7860 3.0782 3.3996 3.7527 4.1406 4.3664
29253 3.2475 3.6015 3.9966 44304 4.9089
3.0715
3.4262 3.8197
4.7405 5.2771
3.2251 36146 4.0489 4.3331 5,0724 5.6729
3.8134 4.2919 4.5277 5.4274 6.0983
4 0911
64447
4.2564
3.3864
24447
2:0058
2.1161
2.2325
POPS F
7.0%
6.5%
1.0650 1,0700
1.1449
1.1342
1.2079 1.2250
1.2865 1.3108
1.3701 14026
1.5007
14591
1.6058
1.7182
18385
7.5%
1.0750
1.1556
1.2423
1.3355
1.9672
2.1049
FLUNS
1.4356
1.5433
8.0%
8.5%
1.0800
1.0850
1.1664
1.1772
12773
1.25.97
1.3605
14693
1.5037
1.5869 1.6315
1.7138
1.85.09
1.9990 2.0839
2.1589 2.2610
9,0%
1.0900
1.09
1.1881 1.19
1.2950
131
1.3859 14116
143
BE
9.5
1.7701
1.9206 1.9926
2.1719
2.3674
2:3804
JUPES
--
1.5386
1.6771 1.72
1.8280 138
2.00
2.20
242
271
137
2.97
3.25
3.36
3.90
427
2.3316 2.4532
2.5182
2.8127
2.6617
2.8879 3.0658
2.7196
3.1334
29372
33417
3.3997 3.6425
3.1122
3.42:59 3.6887 3.9703
4.0023 4.3276
4.3425 4,7171
5.1417
4.7116
5.1120 5.6044
5.03:38 5.5466 6.1088 6.72
5.43.65 6.0180 6.6586 7.36
5.8715 6.5296 7.2579 8.00
63412 7.0546 79111 8.82
6.8485 7.6368 8.6231 9.64
71064
3.7000
3.9960
4.3157
4.6610
467
5.12
5.60
6.14
BUT COOL D
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education