Question: Can you assist with the following question? 19 Computing Time Value of Money for Savings. Use future value and present value calculations (see tables in

Can you assist with the following question?

19

Computing Time Value of Money for Savings. Use future value and present value calculations (see tables in Appendix) to determine the following:

a. The future value of a $500 savings deposit after eight years at an annual interest rate of 7 percent.

A:

b. The future value of saving $1,500 a year for five years at an annual interest rate of 8 percent.

A:

c. The present value of a $2,000 savings account that will earn 6 percent interest for four years.

A:

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