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(1 point) A sinking fund is being accumulated at j2 = 6.4% by deposits of $1470 every 6 months to repay a $42000 loan. If
(1 point) A sinking fund is being accumulated at j2 = 6.4% by deposits of $1470 every 6 months to repay a $42000 loan. If the book value of debt is $10288.20 immediately after deposit k, what is the book value of debt just after deposit (k+1)? Answer: $
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