Question: Use future value and present value calculations to determine the following (a) The future value of a $400 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 $400 savings deposit after eight years at an annual interest rate of 3 percent Use Table.1. (Round time value factor to 3 decimal places and' final answer to 2 decimal places.) Future value (b) The future value of saving $1.800 a year for five years at an annual interest rate of 4 percent. Use Table 2 (Round time value factor to 3 decimal places and final answer to 2 decimal places.) uture value (c) The present value of a $6,000 savings account that will earn 3 percent interest for four years Use Ta foctor to 3 decimal places and final answer to the nearest whole number) t value

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