Answer:
future value =$485.97
Explanation:
given data
1 year present value = $100
3 year present value = $300
rate = 8%
solution
we get her future value that is
FV = [tex]PV\times (1+r)^n[/tex] ............................1
put here value
future value = [tex]100\times (1+0.08)^4 + 300 \times (1+0.08)^2[/tex]
future value =$485.97
