Question
A deposit of $2,000 earns the following interest rates: 7.0 percent in the first year, 9.0 percent in the second year, and 8.0 percent in
A deposit of $2,000 earns the following interest rates: 7.0 percent in the first year, 9.0 percent in the second year, and 8.0 percent in the third year. What would be the third-year future value (at t=3)?
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Personal Finance A Practical Approach
Authors: Jane King, Mary Carey
1st Edition
0199668833, 9780199668830
