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 $$950$ savings deposit after seven years at an annual interest rate of $6$ percent. $($Round FV factor to $3$ decimal places and final answer to $2$ decimal places.$)$

$\backslash$table$[[$Future value,$58]]$

b$.$ The future value of saving $$2,500$ a year for four 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