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 "S" sign in your response) Future value b. The future value of saving $1920 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 2 decimal places. Omit the "S" 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 18.3.(Round time value foctors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response) Present value
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