Question use the time value of money tables in exhibit or a, Ask an Expert

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Question: Use the time value of money tables in Exhibit (or a financial calculator) to calculate the following:

a. The future value of $100 at 7 percent in 10 years.

b. The future value of $100 a year for six years earning 6 percent.

c. The present value of $500 received in eight years with an interest rate of 8 percent.

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