Using time value of money tables (Exhibit 1-A,Exhibit 1-B,Exhibit 1-C,Exhibit 1-D), calculate the following.

a.The future value of $580 eight years from now at 6 percent.(Round your FV factor to 3 decimal places and final answer to 2 decimal places.)

Future value$

b.The future value of $725 saved each year for 7 years at 5 percent.(Round your FV factor to 3 decimal places and final answer to 2 decimal places.)

Future value$

c.The amount a person would have to deposit today (present value) at a 6 percent interest rate to have $2,600 five years from now.(Round your PV factor to 3 decimal places and final answer to 2 decimal places.)

Deposit$

d.The amount a person would have to deposit today to be able to take out $600 a year for 5 years from an account earning 5 percent.(Round your PV factor to 3 decimal places and final answer to 2 decimal places.)

Deposit$