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1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%, what is the value of your investment in 5 years…

1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%, what is the value of your investment in 5 years…
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1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%, what is the value of your investment in 5 years

User Marcos Carceles
by
7.1k points

1 Answer

3 votes

Answer:

939.36

Step-by-step explanation:

User Cyrille Corpet
by
8.9k points
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