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Suppose you deposit each of the following cash flows into a bank account: $5,000 1 year from today; $4,000 3 years from today; $4,000 6
Suppose you deposit each of the following cash flows into a bank account: $5,000 1 year from today; $4,000 3 years from today; $4,000 6 years from today. If the account that earns an annual rate of 9.4%, how much money will you have immediately after you make the final deposit? Do not round intermediate calculations. Round your answer to the nearest penny
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