strawberrymochi4198 strawberrymochi4198
  • 07-03-2024
  • Mathematics
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Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of 1,100, 1,200, 1,200, and 1,500. Keep cents in 2 decimals in your answer.

a) 6,339.73
b) 6,432.56
c) 6,512.47
d) 6,631.25

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