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Compute the future value in year 8 of a $1,000 deposit in year 1, and another $1,500 deposit at the end of year 4 using
"Compute the future value in year 8 of a $1,000 deposit in year 1, and another $1,500 deposit at the end of year 4 using an 6 percent interest rate (assume annual compounding). "
"$3,487.56 " | ||
"$2,500.00 " | ||
"$3,397.35 " | ||
"$4,379.32 " | ||
"$3,555.75 " |
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