Question: Given a 6.25 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, 4 and 5 of $75,000,

Given a 6.25 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, 4 and 5 of $75,000, $92,000, $40,000, $10,000 and $20,000, respectively. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Numeric Response

Given a 6.25 percent interest rate, compute the year 6 future value of deposits made in years 1,2,3,4 and 5 of $75,000,$92,000,$40,000,$10,000 and $20,000, respectively. Note: Do not round intermediate calculations and round your final answer to 2 decimal places

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