ABSTRACT

Annuity () 2.5 3.0 3.5 4.0 4.5 1 100.00 150.00 200.00 250.00 300.00 350.00 2 41.42 58.11 73.20 87.08 100.00 112.13 3 25.99 35.72 44.23 51.83 58.74 65.10 4 18.92 25.74 31.61 36.78 41.42 45.65 5 14.87 20.11 24.57 28.47 31.95 35.10 10 7.18 9.60 11.61 13.35 14.87 16.23 12 5.95 7.93 9.59 11.00 12.25 13.35 20 3.53 4.69 5.65 6.46 7.18 7.81 24 2.93 3.89 4.68 5.36 5.95 6.47 36 1.94 2.58 3.10 3.54 3.93 4.27 48 1.46 1.93 2.31 2.64 2.93 3.18 60 1.16 1.54 1.85 2.11 2.34 2.54 72 0.97 1.28 1.54 1.75 1.94 2.11

Annuity () 5.5 6.0 6.5 7.0 7.5 1 400.00 450.00 500.00 550.00 600.00 650.00 2 123.61 134.52 144.95 154.95 164.57 173.86 3 71.00 76.52 81.71 86.63 91.29 95.74 4 49.53 53.14 56.51 59.67 62.66 65.49 5 37.97 40.63 43.10 45.41 47.58 49.63 10 17.46 18.59 19.62 20.58 21.48 22.32 12 14.35 15.27 16.10 16.88 17.61 18.28 20 8.38 8.90 9.37 9.81 10.22 10.60 24 6.94 7.36 7.75 8.11 8.45 8.76 36 4.57 4.85 5.10 5.34 5.55 5.76 48 3.41 3.62 3.80 3.98 4.14 4.29 60 2.72 2.88 3.03 3.17 3.30 3.42 72 2.26 2.40 2.52 2.63 2.74 2.84

1 700.00 750.00 800.00 850.00 900.00 950.00 2 182.84 191.55 200.00 208.22 216.23 224.04 3 100.00 104.08 108.01 111.79 115.44 118.98 4 68.18 70.75 73.20 75.56 77.83 80.01 5 51.57 53.42 55.19 56.87 58.49 60.04 10 23.11 23.86 24.57 25.25 25.89 26.51 12 18.92 19.52 20.09 20.64 21.15 21.65 20 10.96 11.29 11.61 11.91 12.20 12.48 24 9.05 9.33 9.59 9.83 10.07 10.29 36 5.95 6.12 6.29 6.45 6.61 6.75 48 4.43 4.56 4.68 4.80 4.91 5.02 60 3.53 3.63 3.73 3.82 3.91 4.00 72 2.93 3.02 3.10 3.18 3.25 3.32

Annuity () 12.0 13.0 14.0 15.0 16.0 1 1000.00 1100.00 1200.00 1300.00 1400.00 1500.00 2 231.66 246.41 260.56 274.17 287.30 300.00 3 122.40 128.94 135.13 141.01 146.62 151.98 4 82.12 86.12 89.88 93.43 96.80 100.00 5 61.54 64.38 67.03 69.52 71.88 74.11 10 27.10 28.21 29.24 30.20 31.10 31.95 12 22.12 23.01 23.83 24.60 25.32 25.99 20 12.74 13.23 13.68 14.11 14.50 14.87 24 10.51 10.91 11.28 11.62 11.95 12.25 36 6.89 7.15 7.38 7.61 7.81 8.01 48 5.12 5.31 5.49 5.65 5.80 5.95 60 4.08 4.23 4.37 4.50 4.62 4.73 72 3.39 3.51 3.63 3.73 3.83 3.93

Annuity () 18.0 19.0 20.0 25.0 30.0 1 1600.00 1700.00 1800.00 1900.00 2400.00 2900.00 2 312.31 324.26 335.89 347.21 400.00 447.72 3 157.13 162.07 166.84 171.44 192.40 210.72 4 103.05 105.98 108.78 111.47 123.61 134.03 5 76.23 78.26 80.20 82.06 90.36 97.44 10 32.75 33.51 34.24 34.93 37.97 40.51 12 26.63 27.23 27.81 28.36 30.77 32.77 20 15.22 15.55 15.86 16.16 17.46 18.54 24 12.53 12.80 13.05 13.29 14.35 15.22 36 8.19 8.36 8.52 8.68 9.35 9.91 48 6.08 6.21 6.33 6.44 6.94 7.34 60 4.83 4.93 5.03 5.12 5.51 5.83 72 4.01 4.10 4.17 4.25 4.57 4.84

These tables use Equation (9.1.4) to determine the annuity (or mortgage) payment that must be paid each time period, for time periods, at an interest rate of % per time period, to pay off a loan of one dollar ( ). For example, if $1 is borrowed at 3% interest per time period, and the amount is to be paid back in equal amounts over 10 time periods, then the amount paid back per time period is $0.12 (see the following table). Analogously, if $100 had been borrowed, then the mortgage amount would be $11.72.