Attempts: Average: /3 4. Ch04 Financial Planning Exercise 7 eBook Chapter 4 Financial Planning Exercise 7 Calculating interest earned and future value of savings account If you put $6,000 in a savings account that pays interest at the rate of 6 percent, compounded annually, a. how much will you have in five years Round the answer to the nearest cent. Round FV-factor to three decimal places or use the Appendix A. (Hint $ b. how much interest will you earn during the five years? Round the answer to the nearest cent. $ c. If you put $6,000 at the end of each year into a savings account that pays interest at the rate of 6 percent a year, how much would you have after five years? Use the Appendix Round the answer to the nearest cent. Round PV-factor to three decimal places. Grade it Now Save & Continue Continue without saving