Item$9$

$2$

points

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Compute the future value in year $12$ of a $$2,000$ deposit in year $3$ and another $$4,000$ deposit at the end of year $5$ using a $10$ percent interest rate.

Multiple Choice

$$12,510\mathrm{.}77$

$$12,909\mathrm{.}81$

$$13,406\mathrm{.}73$

$$15,007\mathrm{.}52$