Question: Sauod Help Save & Exit Submit Use future value and present value calculations to determine the following a. The future value of a $600 savings
Sauod Help Save & Exit Submit Use future value and present value calculations to determine the following a. The future value of a $600 savings deposit after eight years at an annual Interest rate of 2 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-1 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Future value b. The future value of saving $2,040 a year for five years at an annual interest rate of 3 percent. If you are using a table to calculate your answer , please only use the table in this link Appendix 18-2. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Future value c. The present value of a $2,450 savings account that will earn 6 percent interest for four years. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-3 (Round time value factors to 3 decimal places and final answer to 2 decimal places, Omit the "$" sign in your response.) Present value
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