Question: a 3 part question a) b) c) (a) The future value of a $790 savings deposit after eight years at an annual interest rate of

a 3 part question a) b) c)

(a) The future value of a $790 savings deposit after eight years at an annual interest rate of 4 percent. Use Exhibit 1:A. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value 5 5,319.07 (b) The future value of saving $2,400 a year for five years at an annual interest rate of 5 percent. Use Exhibit 1-3. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value 10,389.80 (c) The present value of a $2,160 savings account that will earn 5 percent interest for four years. Use Exhibit 1-C. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)

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