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2b-3 8. The Bigelow Co. is considering the purchase of some new equipment. The quote consists of a monthly payment of $3,660 for 36 months

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2b-3 8. The Bigelow Co. is considering the purchase of some new equipment. The quote consists of a monthly payment of $3,660 for 36 months at 7.25 percent interest, What the purchase price of the equipment? a, S115,900.00 7 hs at 7,25 pe st whar 3 (4641 46419-36 $116,039.12 c. $118,096.79 d. $118,534.14 e. $118,855.25 36 7.27660

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