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
Correct Answer:
Verified
Correct Answer:
Verified
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