Question: 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

 Use future value and present value calculations to determine the following.

Use future value and present value calculations to determine the following. a. The future value of a $740 savings deposit after eight years at an annual interest rate of 3 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-1. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Future value $ b. The future value of saving $1,640 a year for five years at an annual interest rate of 6 percent. If you are using a table to calculate your answer, please only use the table in this link Appendix 18-2. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Future value $ c. The present value of a $2,080 savings account that will earn 4 percent interest for four years. If you are using a table to calculate your answer, please only use the table in this link Appendix 1B-3. (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) $ Present value

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