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Carla Vista Company issued $$1,000,000,11-$year bonds. It agreed to make annual deposits of $$74,000$ to a fund $($called a sinking fund$),$ which will be used to pay off the principal amount of the bond at the end of $11$ years. The deposits are made at the end of each year into an account paying $5\%$ annual interest.

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What amount will be in the sinking fund at the end of $11$ years? $($For calculation purposes, use $5$ decimal places as displayed in the factor table provided. Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}25.)$

Amount in the sinking fund

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