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One year ago, the Jenkins Family Fun Center deposited $3,400 into an investment account for the purpose of buying new equipment four years from today.

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One year ago, the Jenkins Family Fun Center deposited $3,400 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,200 to this account. They plan on making a final deposit of $7,400 to the account next year. How much will be avaliable when they are ready to buy the equipment, assuming they eam a rate of return of 6 percent? Multiple Choice $19,019.26 $19,928.37 $17,421.48 $19,431.85 $18.516.29

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