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6. Given a six (6) percent interest rate per year, compute the year seven (7) future value at year end if deposits of $1,000 and

6. Given a six (6) percent interest rate per year, compute the year seven (7) future value at year end if deposits of $1,000 and $1,500 are made at end of years two (2) and three (3) respectively, and a withdrawal of $500 is made at end of year five (5).

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A. $5,918.91

B. $3,201.48

C. $2,992.04

D. $2,500.00

E. $2,670.14

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