"one year ago, the jenkins family fun center deposited $4,400 into an investment account for the purpose of buying new equipment four years from today. today, they are adding another $6,200 to this account. they plan on making a final deposit of $8,400 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 9 percent
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Category: womensstudies |
Author: Valko Tomer
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