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) $13,4067.31
D) $15,007.52
Correct Answer:
Verified
Correct Answer:
Verified
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