One year ago, the Jenkins Center opened an investment account and deposited $4,492. Today, it...
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One year ago, the Jenkins Center opened an investment account and deposited $4,492. Today, it is depositing another $5,898 and will make a final deposit of $8,014 one year from now.
How much will the firm have saved four years from now if it earns an average annual return of 7.9%?
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