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3. What is the total future value six years from now of $80 received in one year, $270 received in two years and $700 received

3. What is the total future value six years from now of $80 received in one year, $270 received in two years and $700 received in five years if the discount rate is 6%? Hint: Use a time line. (Points : 1)

$1,080.00 $1,047.15 $1,189.93 $1,245.44 $1,368.52

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