Question: Use future value and present value calculations to determine the following a. The future value of a $820 savings deposit after eight years at an
Use future value and present value calculations to determine the following a. The future value of a $820 savings deposit after eight years at an annual interest rate of 5 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-1. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Future value b. The future value of saving $1.920 a year for five years at an annual interest rate of 5 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-2. (Round time value factors to 3 decimal places and final answer to decimal places. Omit the "$" sign in your response.) Future value c. The present value of a $2.910 savings account that will earn 5 percent interest for four years. If you are using a table to calculate your answer, please only use the table in this link Appendix 1B-3 (Round time value factors to 3 decimal places and final answer to decimal places. Omit the "$" sign in your response.) Present value $
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