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Calculate the approximate future value (FV) at the end of year 5 for the following beginning of year payments: Year 1 = $1,000; Year 3 = $2,000; Year 4 = $3,000. The annual interest rate is 5%

$7,300.79

$6,899.03

$6,000.00

$5,148.17

None of the above

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Category:- Financial Management
Reference No.:- M91610607

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