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help please Harlan Corporation deposits $100,000 every June 30th and December 31st in a savings account (beginning in the current year) for the next three
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Harlan Corporation deposits $100,000 every June 30th and December 31st in a savings account (beginning in the current year) for the next three years so that it can purchase a new piece of machinery at the ond of three years. The interest rate is 4%. How much money will Harlan corporation have at the end of three years? Use the future value of an ordinary annuity factor table shown below to derive vour answet A. $312,160 B. $663,298 C. $630,812 D. $306,040 Step by Step Solution
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