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MY NOTES PRACTICE ANOTHER A sinking fund is established to discharge a debt of $30,000 in 25 years. If deposits are made at the

MY NOTES PRACTICE ANOTHER A sinking fund is established to discharge a debt of $30,000 in 25 years. If deposits are made at the end of each 6-month period and interest is paid at the rate of 4%, compounded semiannually, w is the amount of each deposit? (Round your answer to the nearest cent.)

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