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CFA Level 1 Exam

3959 Questions

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Question No. 1

Assume you deposit $800 now into an account that had nothing in it previously, make an additional deposit of $800 in 2 years, and a final deposit of $800 in 4 years. How much is in your account in 5 years, if the account earns interest at 8% per year, compounded annually?

Choose the correct option from the given list.
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