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Larry purchased a new combine that cost $230,500, minus a rebate of $3,500, a trade-in of $9,500, and a down payment of $5,000. He takes

Larry purchased a new combine that cost $230,500, minus a rebate of $3,500, a trade-in of $9,500, and a down payment of $5,000. He takes out a loan for the balance at 8% APR over 4 years. Find the annual payment

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