Compute the future value in year 7 of a 3400 deposit in, Ask an Expert

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Compute the future value in year 7 of a $3,400 deposit in year 1 and another $2,900 deposit at the end of year 4 using a 8 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

What is the future value of a $570 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Given a 4 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of $1,900, $2,100, $2,100, and $2,400. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
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