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Your firm is purchasing a machine for $30,000 per year for each of the next 4 years. The first payment is due today. Suppose instead

Your firm is purchasing a machine for $30,000 per year for each of the next 4 years. The first payment is due today. Suppose instead you'd like to just pay for the entire machine today. If the discount rate is 10%, what one-time cash payment today would be equivalent in value to the entire series of payments? Enter your answer as a positive number rounded to the nearest dollar.

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