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One year ago, the Jenkins Family Fun Center deposited $5,000 in an investment account for the purpose of buying new equipment four years from today.

One year ago, the Jenkins Family Fun Center deposited $5,000 in an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $6,800 to this account. They plan on making a final deposit of $9,000 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a 8 percent rate of return?

A.$26,145.01

B.$26,891.15

C.$26,892.29

D.$27,935.37

E.$25,320.92

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