You deposit $100 today, $200 one year from now, and $300 three years from now. How much money will you have at the end of year three if there are different annual interest rates per period according to the following diagram?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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You deposit $100 today, $200 one year from
now, and $300 three years from now. How
much money will you have at the end of year
three if there are different annual interest
rates per period according to the following
diagram?
AF= ?
ollo
5%
10%
15%
3
100
200.
300
Years
Transcribed Image Text:You deposit $100 today, $200 one year from now, and $300 three years from now. How much money will you have at the end of year three if there are different annual interest rates per period according to the following diagram? AF= ? ollo 5% 10% 15% 3 100 200. 300 Years
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