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You invest $3,400 for three years at 7 percent. a. What is the value of your investment after one year? Multiply S3400 Value of investment
You invest $3,400 for three years at 7 percent. a. What is the value of your investment after one year? Multiply S3400 Value of investment 1.07. b. What is the value of your investment after two years? Multiply your answer to part a by 1.07. (Round your answer to 2 decimal places.) Value of investment c.What is the value of your investment after three years? Multiply your answer to part b by 1.07. This gives your final answer. (Round your answer to 2 decimal places.) Value of investment
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