Determine future valuesuppose you deposit 1000 in one year, Ask an Expert

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Determine Future Value

Suppose you deposit $1000 in one year, $2000 in two years, and $4000 in three years. Assume a 4 percent interest throughout.

How much will you have in 5 years?

Suppose you plan to withdraw $1500 in four years and there is no penalty for early withdraw. How much will you have in 5 years?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91265599

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