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9 . One year ago, JK Mfg . deposited $ 1 2 , 0 0 0 in an investment account for the purpose of buying
One year ago, JK Mfg deposited $ in an investment account for the purpose of buying new equipment four years from today. Today, it is adding another $ to this account. The company plans on making a final deposit of $ to the account one year from today. How much cash will be available when the company is ready to buy the equipment assuming an interest rate of percent? answering the following using excel formulas
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