Given below are the future value factors for 1 at 8% for one tofive periods. Periods Future Value of

Given below are the future value factors for 1 at 8% for one tofive periods. Periods   Future Value of 1 at 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 If $5,000 is deposited in a savings account today, what amountwill be available three years from today? Select one: a. $5,000 x 1.080 x 3 b. ($5,000 x 1.080) = ($5,000 x 1.166) + ($5,000 x 1.260) c. $5,000 x 1.260 d. $5,000 ÷ 1.260 . . .

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