Question: Use future value and present value calculations (use Exhubit1-A, Exhibit 1.B, Exhibit 1.C) to determine the following a. The future value of a $1,250 savings

Use future value and present value calculations (use Exhubit1-A, Exhibit 1.B, Exhibit 1.C) to determine the following a. The future value of a $1,250 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.) b. The future value of saving $3,100 a year for five years at an annual interest rate of 5 percent. (Round discount factor to 3 decimal ploces and final answer to 2 decimal places.)

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