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Hello- I'm stuck on the question below. Can you please help? Compute the future value in year 7 of a $4,300 deposit in year 1
Hello-
I'm stuck on the question below.
Can you please help?
Compute the future value in year 7 of a $4,300 deposit in year 1 and another $3,800 deposit at the end of year 4 using an 8 percent interest rate.(Do not round intermediate calculations and round your final answer to 2 decimal places.)
Future value$
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Get StartedRecommended Textbook for
Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
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