Respuesta :
$9,604.54 is the 7 future values of the deposits.
Computation of the year 7 future value of deposits
7 years Future value = $1,800 × (1 + 0.04)^5+ $20,00 × (1 + 0.04)^4+ $2,300× (1 + 0.04)^3+ $2,300 × (1 + 0.04)^2
7 years Future value= $2189.97 + $2,339.71 + $2,587.18 + $2487.68
7 years Future value= $9,604.54
As a result, the deposit's future value in year 7 will be $9,604.54.
Future Deposits: Any client whose connection is involuntarily terminated due to nonpayment, meter tampering, or other causes may be forced to pay an extra cash deposit before the service can be reconnected.
Saving for the future is a sort of deposit with time and cost savings that allow the client to deposit an unlimited amount of money or times during the maturity date.
To learn more about the Future Deposits, use the link below.
https://brainly.com/question/3439654?referrer=searchResults
#SPJ4
