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You expect to receive bonuses with your job each year for the next five years. Assume you can invest all of your bonuses at 4.5%,

You expect to receive bonuses with your job each year for the next five years. Assume you can invest all of your bonuses at 4.5%, and the bonuses are as shown, match each amount to its future value at the end of the five years, then match the total to the appropriate box.

Year 1: $500

Year 2: $1,200

Year 3: $1,000

Year 4: $2,400

Year 5: $2,200

596.26; 1,369.40; 1,092.03; 2,508.00; 2,200.00; 7,765.68

When i am calculating with a financial calculator, i am getting a different answer.

I am getting the following answers:

fv $522.50 , $1,310.43 , $1,141.17, $2,862.04, $2,741.60

I used the fv function in excel. Please explain the working of this question.

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