A deposit of $350 earns the following interest rates: 8 percent in the first year, 6 percent

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A deposit of $350 earns the following interest rates:

8 percent in the first year,

6 percent in the second year, and

5.5 percent in the third year.

What would be the third year future value?


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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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