Given a 6 percent interest rate, compute the year 6 future value of deposits made in years
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Question:
Given a 6 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,300, $1,500, $1,500, and $1,800. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Related Book For
Finance Applications And Theory
ISBN: 9780073530673
2nd Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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