Question: Problem 4-7 Compounding with Different Interest Rates (LG3) A deposit of $310 earns the following interest rates: a. 10 percent in the first year. b.

Problem 4-7 Compounding with Different Interest Rates (LG3)

A deposit of $310 earns the following interest rates: a. 10 percent in the first year. b. 8 percent in the second year. c. 7 percent in the third year. What would be the third year future value? (Round your answer to 2 decimal places.)

Future value $

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