Use the formula FV = PV(1 + i₁)(1 + i₂)(1 + i₃) to determine i₁ if PV = $1000, FV = $1094.83, i₂ = 0.03, i₃ = 0.035.

Name: Use the formula FV = PV(1 + i 1 )(1 + i 2 )(1 + i 3 ) to determine i 1 if PV = $1000, FV = $1094.83, i 2 = 0.03, i 3 = 0.035.
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The Answer of Use the formula FV = PV(1 + i₁)(1 + i₂)(1 + i₃) to determine i₁ if PV = $1000, FV = $1094.83, i₂ = 0.03, i₃ = 0.035.

Use the Formula FV = PV(1 + I1)(1 + I2)(1

Use the Formula FV = PV(1 + I₁)(1 + I₂)(1