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(1 point) A $30000 loan is to be repaid in 12 years, with a sinking fund accumulated to repay principal plus interest. The loan charges

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(1 point) A $30000 loan is to be repaid in 12 years, with a sinking fund accumulated to repay principal plus interest. The loan charges 112 = 6.8%, while the sinking fund fund earns 12 = 10.9%. What monthly sinking fund deposit is required? Answer: $

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