CFA Level 1 Exam

3959 Questions

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Question No. 1

If you make an initial deposit $500 now into an account, an additional deposit of $800 in 2 years, and a final

deposit of $300 in 4 years, how much is in your account in 5 years? Assume the account earns interest at 8%
per year, compounded annually.
Choose the correct option from the given list.
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