Question: Chapter 5 question 20 Given an 10 percent interest rate, compute the year 9 future value if deposits of $2,700 and $3,700 are made in

Chapter 5 question 20

Given an 10 percent interest rate, compute the year 9 future value if deposits of $2,700 and $3,700 are made in years 1 and 3, respectively, and a withdrawal of $1,125 is made in year 4. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Future value

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