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a. The future value of a savings deposit of $1,100 after nine years at an annual Interest rate of 8 percent. (Round FV factor to
a. The future value of a savings deposit of $1,100 after nine years at an annual Interest rate of 8 percent. (Round FV factor to 3 decimal places and final answer to 2 decimal places.) Future value b. The future value of saving $2,800 a year for five years at an annual Interest rate of 7 percent. (Round FVA factor to 3 decimal places and final answer to 2 decimal places.) Future value c. The present value of a savings account that will earn 3 percent annual Interest and be worth $3,000 at the end of six years. (Round PV factor to 3 decimal places and final answer to 2 decimal places.) Present value
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