Calculaing future value of given deposits
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You deposit $300 today, $500 one year from now, and $600 four years from now into an account that earns 6% compounded annually. How much money will you have 9 years from now?
$2,106
$1,822
$2,292
$1,871
$ 1,181
$2,025
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Solution Summary
Solution calculates the future value of given deposits.
Education
- BEng (Hons) , Birla Institute of Technology and Science, India
- MSc (Hons) , Birla Institute of Technology and Science, India
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