Question: Future Value Given a 8.00 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of
Future Value Given a 8.00 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,900, $2,100, $2,400, and $2,400.
a) $10,894.48
b) $11,471.42
c) $9,292.50
d) $10,644.92
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