Question
a. The future value of $520 six years from now at 5 percent. b. The future value of $1,000 saved each year for 10 years
a. The future value of
$520
six years from now at 5 percent.\ b. The future value of
$1,000
saved each year for 10 years at 5 percent.\ c. The amount a person would have to deposit today (present value) at an interest rate of 5 percent to have
$700
five years from now.\ d. The amount a person would have to deposit today to be able to take out
$500
a year for 9 years from an account earning 5 percent.\ Complete this question by entering your answers in the tabs below.\ The future value of
$520
six years from now at 5 percent.\ Note: Round time value factor to 3 decimal places and final answer to 2 decimal places.\ Future value
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