Question
A deposit of $1,150 earns the following interest rates: 3.3% in the first year, 3.8% in the second year, and 4.3% in the third year
"A deposit of $1,150 earns the following interest rates: 3.3% in the first year, 3.8% in the second year, and 4.3% in the third year - What would be the third-year future value?"
"$1,286.12 "
"$1,281.10 "
"$1,028.29 "
"$1,150.11 "
"$1,245.03 "
"$1,287.15 "
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Get StartedRecommended Textbook for
Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
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