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13 January, 00:30

One year ago, the Jenkins Family Fun Center deposited $5,100 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $6,900 to this account. They plan on making a final deposit of $9,100 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a rate of return of 7 percent?

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  1. 13 January, 03:24
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    Give me a sec. Imma solve it out.
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