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Total value of the four deposits

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Suppose that you will deposit into a CBA bank account $462.7 in one year's time, $925.4 in two years' time, $1156.75 in three years' time, and $2313.5 in four years' time. Assuming that you are able to earn a return on your money of 3.75% p.a., what will be the total value of the four deposits at T4?

Reference no: EM131179348

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