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Moss Corp. is purchasing new equipment with a cash cost of $365,000 for an assembly line. The manufacturer has offered to accept a $76,800 payment

Moss Corp. is purchasing new equipment with a cash cost of $365,000 for an assembly line. The manufacturer has offered to accept a $76,800 payment at the end of each of the next six years. How much interest will Moss Corp. pay over the term of the loan?

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