Use future value and present value calculations to determine the following. (a) The future value of a $740 savings deposit after eight years at an annual interest rate percent. Use 2 decimal places.) (Round time value factor to 3 decimal places and final answer Future value (b) The future value of saving $1,640 a year for five years at an annual interest rate of 6 percent. Use Exhibit 1-8. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value 1 of 20 Next > Use future value and present value calculations to determine the following. (a) The future value of a $740 savings deposit after eight years at an annual interest rate percent. Use 2 decimal places.) (Round time value factor to 3 decimal places and final answer Future value (b) The future value of saving $1,640 a year for five years at an annual interest rate of 6 percent. Use Exhibit 1-8. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value 1 of 20 Next >