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Assume you will invest $900 this year, $1,300 one year from now, $1,000 two years from now, $1,550 three years from now, $1,610 four years
Assume you will invest $900 this year, $1,300 one year from now, $1,000 two years from now, $1,550 three years from now, $1,610 four years from now, and $1,430 five years from now. Assuming the interest rate of 11.3% and that it will compound annually, what will be the future value of these investments six years from now?
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$10,052.84
$12,256.20
$10,256.24
$11,188.81
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