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Chec 11 A local Dunkin' Donuts franchise must buy a new plece of equipment in 4 years that will cost $84,000. The company is setting

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Chec 11 A local Dunkin' Donuts franchise must buy a new plece of equipment in 4 years that will cost $84,000. The company is setting up a sinking fund to finance the purchase. What will the quarterly deposit be if the fund eams 16% Interest? (Do not round intermediate calculations. Round your answer to the nearest cent.) 166 points Quando

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