Multiple Choice
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
Correct Answer:
Verified
Correct Answer:
Verified
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