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10. A deposit Of $1,400 earns the following Interest rates: / percent in year one, 0.5 percent in year two. 6 percent in year three,
10. A deposit Of $1,400 earns the following Interest rates: / percent in year one, 0.5 percent in year two. 6 percent in year three, and 5 percent in year four. What would be the future value for year four? A. $1,925.37 B. $1,825.48 C. $1,851.75 D. $1.885.55
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
