Future Value Given a 4 Percent Interest Rate,compute the Year

question 118

Multiple Choice

Future Value Given a 4 percent interest rate,compute the year 6 future value of deposits made in years 1,2,3,and 4 of $1,000,$1,200,$1,200,and $1,400.

• A)$4,334.53
• B)$5,070.78
• C)$5,191.68
• D)$5,484.56

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