Use future value and present value calculations to determine the following: (Exhibit 1-A, Exhibit 1-8,...
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Use future value and present value calculations to determine the following: (Exhibit 1-A, Exhibit 1-8, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. a. The future value of a $510 savings deposit after eight years at an annual interest rate of 2 percent. b. The future value of saving $2,350 a year for five years at an annual interest rate of 3 percent. c. The present value of a $6,550 savings account that will earn 2 percent interest for four years. Complete this question by entering your answers in the tabs below. The future value of a $510 savings deposit after eight years at an annual interest rate of 2 percent. Note: Round time value factor to 3 decimal places and final answer to 2 decimal places. Fahibit 1-B Future Value (Compounded Sum) of \$1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity) Exhibit 1-C. Present Valoc of \$1 to Be Receivod at the End of a Given Number of Time Periods Exhibit 1-D Fresent Value of S1 Received at the Eed of Each Prriod for a Given Number of Time Periods (an Annuity)
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