Question: Using an online calculator, app, financial calculator, or spreadsheet software ( Exhibit I - A , Exhibit I - B , Exhibit I - C

Using an online calculator, app, financial calculator, or spreadsheet software
(Exhibit I-A, Exhibit I-B, Exhibit I-C, Exhibit I-D), calculate the following.
a. The future value of $470 six years from now at 5 percent.
Note: Round your FV factor to 3 decimal places and final answer to the
nearest whole dollar.
b. The future value of $1,550 saved each year for 10 years at 8 percent.
Note: Round your discount factor to 3 decimal places and final answer to
2 decimal places.
c. The amount a person would have to deposit today (present value) at a 7
percent interest rate to have $3,200 five years from now.
Note: Round your PV factor to 3 decimal places and final answer to the
nearest whole dollar.
d. The amount a person would have to deposit today to be able to take out
$600 a year for 8 years from an account earning 8 percent.
Note: Round your PVA factor to 3 decimal places end final answer to the
nearest whole dollar.
a. Future value
b
Future value
c. Deposit
cl Deposit

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