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Big Brothers, Inc. borrows $179,136 from the bank at 15.90 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid

Big Brothers, Inc. borrows $179,136 from the bank at 15.90 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid in equal annual installments at the end of each year over the next 10 years. How much will each annual payment be?

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