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Question 9 One year ago, Lou Marshall, Inc. deposited $ 1 2 , 6 6 0 in an investment account for the purpose of buying
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One year ago, Lou Marshall, Inc. deposited $ in an investment account for the purpose
of buying new equipment five years from today. Today, it is adding another $ to this
account. The company plans on making a final deposit of $ to the account one year
from today. How much will be available when it is ready to buy the equipment, assuming the
company earns APR on its invested funds? Choose the closest amount.
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