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    A Deposit of $500 Earns 5 Percent the First Year
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A Deposit of $500 Earns 5 Percent the First Year

Question 113

Question 113

Multiple Choice

A deposit of $500 earns 5 percent the first year, 6 percent the second year, and 7 percent the third year. What would be the third year future value?


A) $595.46
B) $615.62
C) $634.91
D) $671.02

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