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A company's maintenance costs are currently $9,428 per year. They estimate these costs will increase by 9.86% per year over the next 3 years. If

A company's maintenance costs are currently $9,428 per year. They estimate these costs will increase by 9.86% per year over the next 3 years. If their maintenance fund receives 13% per year, how much must they deposit now to pay for maintenance for this period of time?

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