time value of money table
Using time value of money tables (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D), calculate the following.
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a.The future value of $570 four years from now at 4 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.)
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  Future value$    Â
b.The future value of $675 saved each year for 9 years at 6 percent. (Round your FV factor to 3 decimal places and final answer to 2 decimal places.)
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  Future value$    Â
c.The amount a person would have to deposit today (present value) at a 5 percent interest rate to have $1,600 five years from now. (Round your PV factor to 3 decimal places and final answer to 2 decimal places.)
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  Deposit$    Â
d.The amount a person would have to deposit today to be able to take out $500 a year for 5 years from an account earning 6 percent. (Round your PV factor to 3 decimal places and final answer to 2 decimal places.)
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  Deposit$  Â
Answers
Status NEW
Posted 11 Jul 2017 07:07 AM
My Price 7.00
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