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= (1 point) A sinking fund is established with monthly deposits of $140 at an interest rate j12 = 6.4%. If the balance immediately after

= (1 point) A sinking fund is established with monthly deposits of $140 at an interest rate j12 = 6.4%. If the balance immediately after the nth deposit is $11325, what was the balance immediately after the (n 1)th deposit? Answer: $

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