Question: Problem 4-7 Compounding with Different Interest Rates (LG4-3) A deposit of $280 earns the following interest rates a. 10 percent in the first year b.
Problem 4-7 Compounding with Different Interest Rates (LG4-3) A deposit of $280 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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