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Business, 13.08.2021 02:50 billgray2571

One year ago, the Jenkins Family Fun Center deposited $5,000 in an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $6,800 to this account. They plan on making a final deposit of $9,000 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a 8% rate of return?
A. $26,145.01
B. $26,891.15
C. $26,892.29
D. $27,935.37
E. $25,320.92

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