Compounding with different interest rates

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Compounding with Different Interest Rates

A deposit of $710 earns interest rates of 10.1 percent in the first year and 7.1 percent in the second year. What would be the second year future value?

Reference no: EM131853252

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Compounding with different interest rates : A deposit of $710 earns interest rates of 10.1 percent in the first year and 7.1 percent in the second year. What would be the second year future value?
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