Question: Use future value and present value calculations (use Exhibit 1:A. Exhibit .1-8. Exhibit 1 C) to determine the following: a. The future value of a

Use future value and present value calculations (use Exhibit 1:A. Exhibit .1-8. Exhibit 1 C) to determine the following: a. The future value of a $1,350 savings deposit after six years at an annual interest rate of 5 percent (Round FV factor to 3 decimal ploces ond final answer to 2 decimal places.) Future value b. The future value of saving $3,300 a year for five years at an annual interest rate of 4 percent. (Round discount foctor to 3 decimal places and final answer to 2 decimal places.) Future value c. The present value of a $3.500 savings account that will eam 3 percent interest for two years. (Round PV foctor to 3 decimal places and final answer to 2 decimal places.) c. The present value of a $3,500 savings account that will earn 3 percent interest for two years. (Round PV factor to 3 decimal places and final answer to 2 decimal places.) Present value

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