a. Compute the future value at the end of 4 years of $900invested today at an interest rate of 6 per cent and describe twobusiness uses for this specific type of computation.
b. Compute the future value at the end of 4 years of $900 putaway in a savings account each of four years at an interest rate of6 per cent and describe two business uses for this specific type ofcomputation.
c. Explain the time value of money concept and the role ofcompound interest and opportunity cost in time value of moneyconcept as it relates to business planning.
