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(Solved): Using time value of money tables, calculate the following. (Exhibit 1-A, Exhibit 1-B Exhibit 1-C, E ...
Using time value of money tables, calculate the following. (Exhibit 1-A, Exhibit 1-B Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. a. The future value of $580 six years from now at 8 percent. b. The future value of $1,100 saved each year for 10 years at 8 percent. c. The amount o person would have to deposit today (present value) ot an interest rate of 5 percent to have $800 five years from now. d. The amount a person would have to deposit today to be able to take out $800 a year for 6 years from an account earning 8 percent. Answer is not complete. Complete this question by entering your answers in the tabs below. The amount a person would have to deposit today (present value) at an interest rate of 5 percent to have $800 five years from now. Note: Round time value factor to 3 decimal places and final answer to 2 decimal places.
Using time value of money tables, calculate the following. (Exhibit 1:A, Exhibit 1 B, Exhibit 1.C. Exhibiti:D) Note: Use appropriate factor(s) from the tables provided. a. The future value of $580 six years from now ot 8 percent. b. The future value of $1,100 saved each year for 10 years at 8 percent. c. The amount o person would hove to deposit today (present value) at an interest rate of 5 percent to have $800 five years from now. d. The omount a person would hove to deposit today to be able to take out 5800 a year for 6 years from an account earning 8 percent. Answer is not complete. Complete this question by entering your answers in the tabs below. The amount a person would have to deposit today to be able to take out s\$oo a year for 6 years from an account eaming is percent, Note: Round time value factor to 3 decimal places and final answer to 2 decimal places.