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Instead of depositing one amount now at a bank, suppose that you deposited the following unequal deposits in the beginning of each of the next
Instead of depositing one amount now at a bank, suppose that you deposited the following unequal deposits in the beginning of each of the next three years: $1,000; $2,000; $3,000. Suppose that the interest rate was 5%. What is the FV of three unequal amounts at the end of three years? O a. $7,250 O b. $6,513 O c. $5,785 O d. $6,000
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