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16. (Points: 5.56) One year ago, the Jenkins Family Fun Center deposited $3,600 in an investment account for the purpose of buying new equipment four

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16. (Points: 5.56) One year ago, the Jenkins Family Fun Center deposited $3,600 in an investment account for the purpose of buying new equipment four years from today. Today, it is adding another $5,000 to this account. It plans on making a nal deposit of $7,500 to the account next year. How much will be available when it is ready to buy the equipment, assuming it earns a 7% rate of return? f" 1. $19,683.25 !" 2. $18,159.65 r 3. $19,430.84 I" 4. $20,790.99 r. 5. $20,194.54

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