Mechanical Engineering Company purchased a new piece of equipment this year. The service contract is priced as follows: $35,000 this year, $38,000 in year 2, $41,000 in year 3, and this pattern will continue through year 10. Rather than pay a different amount each year, Mechanical Engineering Company would like to make a one-time payment at the beginning of the contract. How can the company determine the amount for the one-time payment? 

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