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McKinnon's Machinery sets aside $4300.00 at the beginning of every three months in a fund to replace equipment. If interest is 7% compounded annually, how
McKinnon's Machinery sets aside $4300.00 at the beginning of every three months in a fund to replace equipment. If interest is 7% compounded annually, how much will be in the fund after 5 years? The fund will be worth $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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