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Loan of $ 8 5 , 4 0 0 is due 1 0 years from today. The borrower wants to make annual payments at the

Loan of $85,400 is due 10 years from today. The borrower wants to make annual payments at the end of each year into a sinking fund that will un compound interest at an annual rate of 10% what will the annual payments have to be? Do not round intermediate calculations and round your final answer to two decimal places.

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