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a. The future value of $400 five years from now at 5 percent. (Round your FV factor to 3 decimal places and final answer to
a. The future value of $400 five years from now at 5 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.) Future value b. The future value of $200 saved each year for 8 years at 7 percent. (Round your FVA factor to 3 decimal places and final answer to 2 decimal places.) Future value c. The amount a person would have to deposit today (present value) at an interest rate of 6 percent to have $2,000 five years from now. (Round your PV factor to 3 decimal places and final answer to 2 decimal places.) Deposit d. The amount a person would have to deposit today to be able to take out $500 a year for 10 years from an account earning 7 percent. (Round your PVA factor to 3 decimal places and final answer to 2 decimal places.) Deposit
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