Question: Saved Help Save & Exit Submit Check my work Problem 1-6 Computing the Time Value of Money (L01-4) Using time value of money tables, calculate

 Saved Help Save & Exit Submit Check my work Problem 1-6
Computing the Time Value of Money (L01-4) Using time value of money

Saved Help Save & Exit Submit Check my work Problem 1-6 Computing the Time Value of Money (L01-4) Using time value of money tables, calculate the following. Use (Exhibit 1:A. Exhibit 1-B. Exhibit 1-C. Exhibit 1-D). (a) The future value of $450 six years from now at 7 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value cos (b) The future value of $900 saved each year for 10 years at 8 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 todav (present value) at an interest rate of 6 percent to have $1.000 five vears And The Help Save & Exit Submit Check my work (c) The amount a person would have to deposit today (present value) at an interest rate of 6 percent to have $1.000 five years from now. (Round time value factor to 3 decimal places and final answer to the nearest whole number.) Present value (d) The amount a person would have to deposit today to be able to take out $600 a year for 10 years from an account earning 8 percent. (Round time value factor to 3 decimal places and final answer to the nearest whole number.) Present value The And

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