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Suppose you deposit $4,000 at the end of year 1, nothing at the end of year 2, $900 at the end of year 3, and

Suppose you deposit $4,000 at the end of year 1, nothing at the end of year 2, $900 at the end of year 3, and $1,450 at the end of year 4. Assume that these amounts will be compounded at an annual rate of 11 percent.

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How much will you have on deposit at the end of five years?

Future value = ??

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