Laura plans to deposit $350 into an account in one year, $400 into an account in two years, and $700 into an account in three years. If the stated interest rate of the account is 4 percent, what will the balance of Laura's account be in five years?
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Home » Business » Laura plans to deposit $350 into an account in one year, $400 into an account in two years, and $700 into an account in three years. If the stated interest rate of the account is 4 percent, what will the balance of Laura's account be in five years?