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Two years ago, Lou Marshall, Inc. deposited $ 1 1 , 4 1 8 in an investment account for the purpose of buying new equipment
Two years ago, Lou Marshall, Inc. deposited $ in an investment account for the purpose of buying new equipment three years from today. Last year, it added another $ to this account. The company plans on making a final deposit of $ to the account 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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