Fresh and Fun Pancake Company has budgeted $290,000 to build a new factory 10 years...
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Accounting
Fresh and Fun Pancake Company has budgeted $290,000 to build a new factory 10 years from today. Fresh and Fun will finance the project by making seven annual deposits of $54,000 into a savings fund at the end of each year that commences at the end of year 4. The company's interest rate is 8%
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