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The local Buffalo Wild Wings is considering borrowing $65,000 from PNC Bank at 8% compounded annually to purchase some new equipment. This loan will have

The local Buffalo Wild Wings is considering borrowing $65,000 from PNC Bank at 8% compounded annually to purchase some new equipment. This loan will have to be repaid in equal annual installments at the end of each year over the next 10 years. How much will Buffalo have to pay back each year?

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