Question: Use future value and present value calculations ( use Exhibit 1 - A , Exhibit 1 - B , Exhibit 1 - C ) to

Use future value and present value calculations (use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C) to determine the following:
a. The future value of a $600 savings deposit after eight years at an annual interest rate of 6 percent. (Round FV factor to 3 decimal
places and final answer to 2 decimal places.)
b. The future value of saving $1,800 a year for five years at an annual interest rate of 5 percent. (Round discount factor to 3 decimal
places and final answer to 2 decimal places.)
Future value
c. The present value of a $2,000 savings account that will earn 3 percent interest for four years. (Round PV factor to 3 decimal places
and final answer to nearest whole dollar.)
 Use future value and present value calculations (use Exhibit 1-A, Exhibit

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