Question: Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1 , 2 , 3 , and 4

Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1 , 2 , 3 , and 4 of $ 1 , 0 0 0 , $ 1 , 2 0 0 , $ 1 , 2 0 0 , and $ 1 , 4 0 0 . Hint: Beginning of year 6 equal end of year 5 . a . $ 4 , 3 3 4 . 5 3 b . $ 5 , 0 7 0 . 7 8 c . $ 5 , 1 9 1 . 6 8 d . $ 5 , 4 8 4 . 5 6

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