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Darby purchased a new machine on January 1 , for $ 2 1 0 , 0 0 0 . Darby paid $ 1 0 ,

Darby purchased a new machine on January 1, for $210,000. Darby paid $10,000 down with the rest payable in 5 equal annual payments, beginning in one year, which include interest at 10%. The amount of each payment would be:

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