PLEASE, DO NOT COPY FROM THE OTHER POST POST THE PRINTS OF THE CALCULATION FROM THE ONLINE FINANCIAL CALCULATOR Description Deposited money earns interest that will increase over time Future Value is the amount to which current savings will grow based on a certain time period Using a financial calculator, Excel, or the time value of money tables in the Chapter 1 Appendix (pp 39 43), calculate the following The future value of $750 six years from now at 6 percent The future value of $600 saved each year for 10 years at 8 percent The amount a person would have to deposit today (present value) at a 5 percent interest rate to have $1,500 five years from now 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 8 percent

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PLEASE, DO NOT COPY FROM THE OTHER POST. POST THE PRINTS OF THE CALCULATION FROM THE ONLINE FINANCIAL CALCULATOR. Description: Deposited money earns interest that

PLEASE, DO NOT COPY FROM THE OTHER POST.

POST THE PRINTS OF THE CALCULATION FROM THE ONLINE FINANCIAL CALCULATOR.

Description:

Deposited money earns interest that will increase over time. Future Value is the amount to which current savings will grow based on a certain time period.

Using a financial calculator, Excel, or the time value of money tables in the Chapter 1 Appendix (pp. 39-43), calculate the following:

The future value of $750 six years from now at 6 percent.
The future value of $600 saved each year for 10 years at 8 percent.
The amount a person would have to deposit today (present value) at a 5 percent interest rate to have $1,500 five years from now.
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 8 percent.