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Compounding with Different Interest Rates A deposit of $1,000 earns the following interest rates: 8 percent in the first year 7 percent in the second

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Compounding with Different Interest Rates A deposit of $1,000 earns the following interest rates: 8 percent in the first year 7 percent in the second year, and 8 percent in the third year. What would be the third year future value? $1,248.05$3,030.00$1,082.15$1,230.00

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