Question: 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 $900 savings

Use future value and present value calculations (Use Exhibit 1-A, Exhibit

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 $900 savings deposit after seven years at an annual interest rate of 6 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value $ b.The future value of saving $2,400 a year for three years at an annual interest rate of 5 percent. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value $ C. The present value of a savings account that will earn 4 percent annual interest and be worth $2,600 at the end of three years. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Present value $

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