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CH 7 Model 3 Growing Annuities
CH 7 Model 3 Growing Annuities
CH 7 Model 3 Growing Annuities
$1,000
10
8.00%
4.00%
3.85%
Computations using
Table
Formulas
Functions
Annuity in arrears
Present value
Future value
$8,173
$17,646
$8,173
$17,646
$8,173
$17,646
Annuity in advance
Present value
Future value
$8,488
$18,324
$8,488
$18,324
$8,488
$18,324
Time
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
$963
$927
$893
$860
$828
$797
$768
$739
$712
$686
$2,079
$2,002
$1,928
$1,856
$1,788
$1,721
$1,658
$1,596
$1,537
$1,480