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Please provide equations for how to solve this type of problem! Assume on December 1, 2017, a company borrows funds to purchase equipment. The company

Please provide equations for how to solve this type of problem!

Assume on December 1, 2017, a company borrows funds to purchase equipment. The company will make the following principal payments: 2018, $5,500 2019, $3,590 2020, $2,370 2021, $1,020 On December 31, 2018, the total long term liabilities will be $

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