ences Exercise B-5 (Algo) Future value of an amount LO P2 Mark Welsch deposits $6,500 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,500 plus earned interest must remain in the account 3 years before it can be withdrawn. How much money will be in the account at the end of 3 years? (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Total Accumulation 6,500 Exercise B-6 (Algo) Future value of an amount LO P2 Catten, Incorporated, Invests $158,170 today earning 8% per year for seven years (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the future value of the investment seven years from now. Present Value Table Factor Future Value 5 Exercise B-2 (Algo) Present value of an amount LO P1 On January 1, a company agrees to pay $18,000 in eight years. If the annual interest rate is 10%, determine how much cash the company can borrow with this agreement (PV of $1. EV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Esture Value Table Factor Amount Borrowed Exercise B-1 (Algo) Present value of an amount LO P1 Mike Derr Company expects to earn 8% per year on an investment that will pay $616,000 five years from now. (PV of $1. EV of $1. PVA of 51, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round Table Factor" to 4 decimal places.) Compute the present value of this investment. Future Valos Table Factor Present Value