Question
I don't understand why I keep getting this problem wrong. My answer was $525.70 but my instructor says that's the wrong answer. Please help. A
I don't understand why I keep getting this problem wrong. My answer was $525.70 but my instructor says that's the wrong answer. Please help.
A $450 deposit earns 6 percent interest in the first year, 3 percent interest in the second year, and 7 percent interest in the third year. What is the future value at the end of the third year?
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Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
