value: 2.50 points Problem 2-12 (LO2.4) Use future value and present value calculations (Use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C) to determine the following: a.The future value of a $1,050 savings deposit after six years at an annual interest rate of 5 percent. Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future value b.The future value of saving $2,700 a year for five years at an annual interest rate of 4 percent. (Round time value 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 $2,900 at the end of two years. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Present value