Question: 4 10 Dots Scipped Book Hint Using time value of money tables, calculate the following. Use (Euture value of lume sum. Future value of annully

 4 10 Dots Scipped Book Hint Using time value of money

4 10 Dots Scipped Book Hint Using time value of money tables, calculate the following. Use (Euture value of lume sum. Future value of annully Present value of lumpsum. Present value of annuity) (a) The future value of $500 six years from now at 7 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value (b)The future value of $600 saved each year for 10 years at 9 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value (c) The amount a person would have to deposit today (present value) at a 5 percent interest rate to have $1100 five years from now. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Present value (d) The amount o person would have to deposit today to be able to take out $800 a year for 8 years from an account earning 7 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Print References Present value

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