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Thank you!!! You invested $1,000 four years ago. During the four years, you earned annual interest (rate of return) of 5% in year 1, 20%
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You invested $1,000 four years ago. During the four years, you earned annual interest (rate of return) of 5% in year 1, 20% in year 2, 15% in year 3, and 10% in year 4. What is the value of this investment today? A. $1,449.0 B. $2,184.3 C. $2,513.1 OD. $1,593.9Step by Step Solution
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