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A deposit of $550 earns the following interest rates: 8 percent in the first year, 5 percent in the second year, and 7 percent in
A deposit of $550 earns the following interest rates:
8 percent in the first year,
5 percent in the second year, and
7 percent in the third year.
What would be the third year future value of the deposit? Show your work for your answers and round to 2 decimals.
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