Multiple Choice
Future Value Compute the future value in year 10 of a $1,000 deposit in year 1 and another $1,500 deposit at the end of year 4 using an 8 percent interest rate.
A) $3,120.73
B) $4,379.31
C) $4,500.00
D) $5,397.31
Correct Answer:
Verified
Correct Answer:
Verified
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