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Suppose you have started doing investments with $7,000 for three years. However, the interest rate fluctuates with market uncertainty due to an ongoing war. Consequently,
Suppose you have started doing investments with $7,000 for three years. However, the interest rate fluctuates with market uncertainty due to an ongoing war. Consequently, you get a 10% return in your 1st year, a 6% return in your 2nd year, and an 8% return in your 3rd year. Assuming no withdrawals are made, how much money you will get back after three years?
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