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A corporation creates a sinking fund in order to have $840,000 to replace some machinery in 11 years. How much should be placed in this

A corporation creates a sinking fund in order to have $840,000 to replace some machinery in 11 years. How much should be placed in this account at the end of each week if the annual interest rate is 7.9% compounded weekly? (Round your answers to the nearest cent.) How much interest would they earn over the life of the account?

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