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A corporation makes a payment of $2.32 million at the end of 2017 for services rendered by a large database company. With an annual interest
A corporation makes a payment of $2.32 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 18%, What annual payments at the end of years 2017 through 2022 will be equivalent to $2.32 million at the end of 2017? The equivalent annual payments are S (Round to the nearest dollar.)
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