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 (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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