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Problem 4-7 Compounding with Different Interest Rates (LG4-3) A deposit of $390 earns the following interest rates: 9 percent in the first year. 7 percent
Problem 4-7 Compounding with Different Interest Rates (LG4-3)
A deposit of $390 earns the following interest rates:
9 percent in the first year.
7 percent in the second year.
6 percent in the third year.
What would be the third year future value? (Round your answer to 2 decimal places.)
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