What is the future value at the end of year five of a series

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What is the future value at the end of year 5 of a series of 3 deposits? The first deposit occurs at the end of year 3 and is $700. The remaining deposits increase by $140/year (so the last deposit will be $980 and will occur at the end of year 5) . Assume i = 8.8% compounded annually.

Reference no: EM131850100

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