TN Appendix A.1 Future Value of a Single Amount ($1 at the End of n Periods) (Used to Compute the Compounded Future Value of a Known Lump Sum) Tie ae ae a SCI CC*NOGCATTS~CTaN~C«dSWGS~C*aS~*~«*dSSS*~*C*NHSSSCTI~«C«NWS CTS 1200 1.1300 11400) yen 1.1700 1.1600 1:1900 12000 1254412769 12996 13456 1268913924416 14400 rao 140914815, 15609 16016 4643016852 17280 15735146305 16890 1810818739 19388 20053 20736, 17623 18424 19254 21003 21924 2287823864 2.4883, 19738 20820 21950 24364 25652 26996-28398 2.9860 2207 23525 25023, 29262 30012-31855 3379335832 24760 26584 248526 3.0590 32784 «35115 3.7589 40714 4.2998 27731 30080 3251935179 38030 41084 44355 47854 5.1598 51058 33946 37072 4045644114 48058 5.2538 56947 6.1917 347es 38359 4.2262 46524 5.1173 S240 6.1759 6776774301 39960 43345 48179 53503 5.9360 65801 7.2875 © 8064289161 43635 48960 54924 6.1528 68858 7.6987 85994 9.5964 106993, 48871 55348 6261370757 7.9875 9.0075. 101472 11.4198 128392 54736 62543 7.1379 81371-92655 105387 11.9737 13.5895 15.4070 61906 7.0673 61372 9.3578 Ya7480 123303 141290 16.1715 888 68660 79861 92765 10.7613 124677 Y4a26s 166722 192441 72.1861 76900 90243 105752 123755 144625 168790 19.6733 229005 26.6233, 86128 10.1974 120557 142918 167765 19.7484 23.2144 272516 31.9480 96463 115231 137435 163655 194608 23.1056 77.3930 324294 383376 yna0ae 130211 15.6676 188215225745 27.0336 323238 385910 460051 121003 14,7138 17.8610 21.6447 26.1864 31.6293 38.1421 459233 55.2061 110263 135523 166266 202616 248915 30.3762 370062 45.0076 546487 662474 122392 15.1786 187881 23.2122 286252 352364 432973 53.1000 65.0320 79.4968 108347 135855 170001 212305 264619 329190 408742 506578 626686 77.3681 953962 nse 190401 239905 30.1666 37.8568 47.A141 59.2697 739490 920918 1144755, 1.3249 77.1093 343899 435353 55.0004 69.3455 87.2598 1095893 137.3706, 185799 23.8639 306925 39.2045 50.0656 63.8004 81.1342 1029666 1304112 1648487 1.7758 23866 3.1187 41161 54184 wm 206237 267499 346158 446031 575755 740085 949271 1215005 155.1893 1978136 ania 24273 32434 43219 5.7435 7.6123 100627 13.2677 228923 299599 38.159 509502 662118 858499 1110647 1433706 1846753 2373763 22080 32620 48010 7.0400 102857 149745 217245 314094 45.2595 65.0009 93.0510 1327816 1888835 267.8635 378.7212 5338687 7503783 1051.668 1469.72 246916 43839 7.1057 11.4674 184202 29.4570 469016 74.3575 117.3909 184.5648 289.0022 4507359 700.2330 1083657 1670.704 2566215 3977.57 5988914 9100.38 1.0200 1.0300 1.0400 1.0500 1.0600 1.0700 1.0800 1.0900 1025 1576 2155, aoa 12768 ang 11941 12653 13401, 1147 12299 13159 14071 LAT? 12668 13685. 14775, 11951 13048 1473315513, 12190 1.3439 1.4802 1.6289 12434 13842 15395 1.7103 2682 14258 1.6010 1.7959 2936 1.4685 1.6651 1.8856 9799 20789 13728 1.6087 18730. 2.1829 14002 1.6528 1.9479 2.2920 114262 17024 20258 2.4066 1.4368 1.7535 2.1068 25270 1.4859 1.8061 21911 2.6533, 15157 1.8603 22788 2.7860 1.5860 19161 23699 29253 115769 19736 24647 30715 1.6004 20328 25633 3.2251 6805 20938 26658 3.3864 6734 2.1366 2725 3.5557 7069 22213 28834 3.7335 7410 22878. 29987 m1 102451ov Appendix A.2 Present Valueof asi (Used to Compute the Discounted Present Value of Some Known Future Single Lump Sum) Ce ee ee ee ee es ee 1 09901 09804 09709 09615 0.9524 08686 08621 08587 08475 0.8003 2 09803 09612 09426 09246 0.9070 07561 07432 07305 07182 07062 3 09706 09423 09151 08890 O63 06575 06407 06244 06096 05924 4 09610 09738 08885 oRs4® 08227 os7ie 05523 05337 Oise 0.4987 5 09515 09057 08626 08219 07835 04972 04761 04561 04371 04190 6 09420 08880 08375 07903 0.7462 04323 04104 03898 03704 03521, 7 09327 08706 om1m 07599 o7107 03759 03538 03332 03139 02959 8 09235 08535 07894 07307 06768 03269 03050 0.2848 02660 0.2487 9 0914 08368 07684 07026 6446 02843 02630 0.2438 02255 0.2050 09053 08203 07481 06756 06139 02472 02267 02080 arse 09963 0.8083 07224 06496 05847 12 08874 07885 07014 046246 05568 13 08787 07730 06810 06006 05303 14 08700 07579 08611 05775 05051 15 08613 07430 06119 05553 o4810 16 08528 07288 06232 05339 04581 17 aged 07142 06050 05134 04363 18 08360 07002 05874 04936 0.4155 19 08277 06864 05703 0.4746 03957 20 08195 06730 05537 04564 03769 21 08114 046598 05375 04388 03589 22 08034 06468 05219 0.4220 03418 23 07954 06342 05067 04057 03256 2 07876 06217 04919 03901 03101 2 07798 06095 04776 03751 02953 26 07720 05976 04637 03607 02812 27 07644 05859 04502 03468 02678 2B 07568 05744 04371 03335 02551 2 07493 05631 04243 03207 0.2629 30 07419 05521 04120 03083 02314 40 06717 04529 03066 0.2083 0.1420 5006080 03715 02281 01407 0.0872 02149 01954 0178 ows 01869 0.1685 0.1520 0.1372 0.1280 01625 01452 0.1299 0.1163 0.1082 01413 01252 0.1170 0098s 0.9876 01229 0.1079 0.0949 00835 0.90736 01069 00930 o.9811 00708 an6t8 0.0929 00802 0.0653 0600 0.9520 0.0808 00591 0.0552 00508 0.0437 0703 00596 0.0505 00831 0.0367 O01 00514 0.0433 00365 0.0308 00531 00443 00370 0309 0.0258 0.0462 00382 00316 00262 0.0218 0402 00329 0.0270 00222 0.9183 00s9 corse 00231 ooiee on1ss 00304 0245 0.0197 ao160 0129 0.0264 0211 0.0169 00135 0.0109 00230 00182 0.0148 a0115 0.0081, 00200 00157 9.0123 00097 0.0077 00174 0135 0.0105 0082 0.9068 0118 0.0050 0.0070 o.0054 00028 a.019 00013 0010 (20008 0.0004 0.0003 o.00027 Appendix A.3 Future Value of a Series of Equal Amounts (an Annuity of $1 P: at the End of Each Period) (Used to Compute the Compounded Future Value of a Stream of Income Payments) a 1% 3% 4% 5% 66 12% 14% 19% 1 1.9000 ‘0000 1.9000 7.9000. .0000| 1.00 | 1.0000| 1.0000 2 20100 20300 20400 20500 20600 21200 2.400 900 3 001 30909 3.1216 31525 3.1836 337 5.396 2 4 40608 41836 42465 43101 43746 a7 asm 52813, 5 s:i010 53091 5.4163 55256 S371 528 73966 6 61520 64684 66330 58019 69753 96830 7 12135 76625 7998 81420 83938 1.0880 125227 8 82857 bees 92142 95491 98975 106366 122957 137268 15020 9 93685 1oss1 105828 Tho266 114913 124876 130210 vars 167858 199036 10 104622 114639 12006112579. 131808 ‘Wsal66 15.1929 189374 167220 175887 203037 247089 Y 128078 142068 149716 166455. 175603 195616 208546 2301as 243903 257329 77.1998 300 2 13 13.6088 14 149474 15 160969 16 172579, 17 184304 18 196147 19 208109 20 20190, 21 232382 z mane 23 25.7168, 26 269735, 25 262832 25 295256 27 30909 23 22 29 n2as04 a0 247009 0 48864 50 644632 we9771 20.407 141920 159171 158699 132 46003 156178 166268 17.7130 188821 24953 729538 159739 170863 182919 195886 210151 242149 260192 172904 185989 200236 215785 23.2760 25.1290 27.1821 293600, 186393 201569 D1AM45 236575 256725 27.8881 303782 33.0034 TiTe6 236975 IA404 262129 30RM02 337502 369737 Boise 281324 309057 339990 37.4502 613013 2672 305390 37600 373790 414463 460185 262} so094s dos 243008 503959 569395 228006 242574 268704 29.7781 330660 367856 409955 457620 51.1601 57.2750 642028, 257833 286765 31.962 35.7195 399927 448652 504729 567645 640025 72.2651 y73s00 305362 342460 385052 433923 490057 554568 GROTH 714027 812 rasaso 324529 366179 414305 45.9958, 608933 695319 795430 saari9 344265 390826 445020 508156 67648 767858 88457310 320303 364593. 41.6459 47.7271 S4A645 632490 73.1059 947000 983 336703. 385530 443117 51.1135 59.1564 686765 799544 933240 100.1818 127.9588 353443 40.7096 «7002 $46691 63.7058 744838 87350 370512 429308 439676 564026 685281 806377 953388 1129682 387922 45.2188 529663 623227 736398 673465 1039689 1241386 1486309 1783972 405681. 475754 360849 664389 790582 944608 113.2832 1363075 1644940 199.0709 s0a020 754013. 950255 1207998 1547620 1994351 2590505 337.8878 4425925 581.8260 145796 1127969 1526671 2093480 2903259 40635299 5737701 8150834 1163908 1668771, 391889 4 dare} 256502 272707 280017 308502 328239 371002 yearn 299847 320887 343519 ao4o0 422187 452645, 32396 349827375811 40.5087 473027 sosi90 S48408 372797 4OAI7S 438424 536595 56.1101 609653, 662607 S33 ABGNT SO9EDS 55.7175 609250 66.6488 729390 798502 45837 53.7391 59.1176 718130 739791 870580. 960217 557497 6835 1407 93.4056 103.7403. 1152659 634397 789602 882118 9846032 1102846 123.4135 138.1668 720504 910249 1024436 1153797 1300329 1466280 1654180 218987 047684 1188101 1348405 153.1385 1740210 1978474 925026 16 157.4950 180.1721 2063448 2364384 1046029 2asases 2223618, 299.4945 337.0105, 1333339 15546196 181.8708 212.7930 2492140 202.1048 342.6035 4020826 1503838 1768501 208 0 7900883 3427626 4052721 4734305 1693740 2008406 2364993 283.5688 3375024 4020523 4792211 S715223, 1906989 227.9459 27239892 327.1041 3925027 4713778 5664808 681.1116 2145827 7585854 312, 1697 4863032 5525120 669.4474 8 2413327 2931992 3567868 4347451 $303117 647.4390 7909479 966.71 We10914 1013704 1342025 1779090 7360787 3134522 4163.22 5529829, 2400018 3459507 4994522 721.714 1063545 1506950 21813.09 315153345 28.4955 591959 720351 e74ant 1059306 ane? 7400 195880 0256 mow7 3262368 3o24en2 811 5673773 6918827 9192233 908.0879 82Oly Appendix A.4 Present Value of a Series of Equal Amounts (an Annuity of $1 Received at the End of Each Period) (Used to Compute the Discounted Present Value of a Stream of Income Payments) 1 1% 2% 3% 4% 5% 6% —-7% 8% —-9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 20% 1 0901 09804 09709 09615 09524 09K 09346 09259 G9I7 09001 09009 08929 08850 08772 08655 ORGZI OBS47 ORATS 0333 2 19704 1946 19135 18061 1.8594 18324 14080 17653 17591-17355 17125 16901 16681 1.6467 16257 16052 1.5852. 15656 1778 3 29410 28639 28286 27751 27232 26730 264325771 25313 24969 24437 24O1B 23612 23216 22882 22459 22096 2.1763 2.1085 4 39020 3807 3.7171 346299 35460 34651 33872 33121 3.2397 3.1699 3.1024 30373 29745 29137 28550 2.7982 27432 26901 25887 5 B34 47135 45797 44518 4.3295 4.2124 41002 39627 38897 37508 36959 36048 35172 34331 33522 32743 3.1993 3.272 29906 & 57955 56014 54172 52421 SOTST 49173 47665 46229 44059 43553 42305 41114 39975 38887 3.7865 30847 3.5892 34976 33255 7 67282 64720 62303 60021 57866 55824 5.3893 $2064 50330 48654 47122 45638 44226 42863 4.1604 40386 3.9224 38115 3046 B 76517 73255 70197 67327 64632 62098 59713 57465 5538 53349 5.1461 49676 47958 46309 44973 43436 42072 4076 38372 9 5660 81622 77861 74353 7.1078 6BOIT 6515262469 59952 57590 55370 $3282 5.1317 49464-47716 46065 44505 4.3020 40310 10 94713 9826 85302 8.1109 77217 73601 7.0236 67101 GAIT7 E1446 SBE 56802 54262 52161 50188 48332 46586 44941 4995 11 103676 97868 92526 87605 83004 7.8969 74987 7.1390 68052 64951 6.2065 59377 5.6869 54577 52337 5.0286 48364 46560 4am 12 112551 105753 99540 93851 98623 €2838 79827 75361 7.1607 68137 64924 GIBH 59176 56603 5.4205 S197) 4988s 47932 aassr 13 121337 113484 106350 9.9856 93936 8527 8.3577 79038 74869 7.1034 67499 64735 6.1218 584m 55831 53423. 5.1183 49095 ass 14 130037 121062 112961 105631 9.8986 92950 87455 8.2442 77862 73667 69819 66282 63025 60021 S745 54675 52293 50081 46108 15 128651 128493 119379 1.1184 103797 97122 9.1079 85595 8.0607 7.6061 7.1909 68109 6.4524 6.1422 5.8474 55755 53242 SOR16 49755 16 147179 135777 125611 116523 108378 10.059 9.4455 ASIA 3125 78237 73792 69740 66039 62651 59542 54685 54053 5.1624 47236 17 155623 142919 131651 12.1687 112741 10477397632 85436 80216 75488 7.1196 67291 63729 60472 57487 5.4746 5.2223 ams 18 16393 149920 137535. 126593 11.6896 10.9591 87555 82004 77016 72897 68399 64674 61280 58178 55339 52732 4312 19172260 156785 143238. 13.1339 120853 03355, 89501 83649 78393 73658 69360 65504 61982 58775 55845 53162 48835 20 180456 148775 135903 124622 105980, 91285 85136 79633 74694 70¢B 66231 6.2593 59289 546278 53527 43696 21 188570 1sais0 140282 128212 108355 100168 92922 B6487 80751 75620 7.1016 66870 63125 59731 5.6648. 53837 43913 22 19.6604 176580 159369 144511 13.1630 V10612 102007 94424 A771 81757 7.6446 71695 67429 63587 60113 56964 5.4089 49094 23 204558 182922 164436 148568 134866 123034 112722 103711 95802 88832 82664 77184 72257 67921 63988 6.0442 57294 54321 sous 24 212434 189139 169355 152470 137986 12550 114693 105288 9.7066 89847 . 83481 77843 72829 68351 64338 6.0725 5.7465 5.4509 sari 25 220232 195035 T4131 156221 140939 127634 116536 106748 9822 9.0770 84217 78431 73300 68729 GAGA 6.0971 57662 5.4669 49076 26 227952 201210 178768 159828 143752 130032 118258 108100 99290 9.1609 84881 78957 7.3717 69061 6.4906 6.1182 57831 5.4804 49363 27 235596 207069 183270 163296 146430 132105 119867 109352 100266 9.2372 85478 79426 74096 69352 65135 6.1364 57975 5919 49836 28 243166 712613 187661 166631 148961 134062 121371 01161 93066 B6016 79844 74612 69607 65335 6.1520 58099 S016 49687 29 250658 218446 19.1885 169837 15.1411 13.5907 122777 101983 93696 86501 80218 74701 69630 65509 6.1656 58204 5.5058 ag7 30 258077 223965 196004 172520 15.3725 13.7648 12.4050 94269 86938 80552 74857 7.0027 65660 61772 SAID 55168 49789 49328247 273555 23.1148 197528 17.1591 150463 13.3317 977M BSI 82438 7.6344 7.1050 6418 6.2335 58713. 5.5482 49966 $0 39.1961 314236 25.7298 214822 182559 157619 138007 122335 109617 99143 90417 E3045 76752 7.1327 66605 62463 5.8801 535M 5.2623 49995