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The Ajax Co. just decided to save $1.500 a month for the next five years as a safety net for recessionary periods. The money will

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The Ajax Co. just decided to save $1.500 a month for the next five years as a safety net for recessionary periods. The money will be set aside in a separate savings account which pays 325% interest compounded monthly. It deposits the first $1.500 today. If the company had wanted to deposit an equivalent Jump sum today, how much would it have had to deposit? Select one: O a. 583,428.87 Ob $83.189.29 c. $84,998.01 Od $82964.59 e. $83.687.23

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