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Compute the Future Value in Year 12 of a $2,000

Question 127

Multiple Choice

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.

A) $12,510.77
B) $12,909.81
C) $13,406.73
D) $15,007.52

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