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BRIEF EXERCISE G-23 Sophie Corp. purchased a new blending machine for $3,150.15. It paid $500 down and financed the remaining $2,650.15. It is required to

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BRIEF EXERCISE G-23 Sophie Corp. purchased a new blending machine for $3,150.15. It paid $500 down and financed the remaining $2,650.15. It is required to pay 10 annual payments at the end of each year at an annua rate of interest of 11%, what is the amount of the annual payment

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