Jimmy deposits $3,400 now, $2,100 3 years from now, and $5,800 6 years from now. Interest is 4% for the first 3 years and 10% for the last 3 years.
a. How much money will be in the fund at the
end of 6 years?
_______
b. What is the present worth of the fund?
_________
c. What is the uniform series equivalent of the
fund (uniform cash flow at end of years 1–6)?
______
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