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Use future value and present value calculations (use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C) to determine the following: 3 decimal a. The future value of
Use future value and present value calculations (use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C) to determine the following: 3 decimal a. The future value of a $950 savings deposit after seven years at an annual interest rate of 6 percent. (Round FV factor places and final answer to 2 decimal places.) Future value b. The future value of saving $2,500 a year for four years at an annual interest rate of 5 percent. (Round discount factor to 3 decimal places and final answer to 2 decimal places.) Future value c. The present value of a $2,700 savings account that will earn places and final answer to 2 decimal places.) percent interest for three years. (Round PV factor to 3 decimal Present value
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