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A firm buys a machine for $30 000 and pays $5000 down and $5000 at the end of each year. If interest is at j1

A firm buys a machine for $30 000 and pays $5000 down and $5000 at the end of each year. If interest is at j1 = 10%, how many full payments must the firm make and what will be the size of the concluding smaller payment?

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