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C Search Textbook Solutions Che x + n/courses/22841/assignments/2725574 View Policies Current Attempt in Progress a Paused Martinez Excavating Inc. is purchasing a bulldozer. The equipment
C Search Textbook Solutions Che x + n/courses/22841/assignments/2725574 View Policies Current Attempt in Progress a Paused Martinez Excavating Inc. is purchasing a bulldozer. The equipment has a price of $104,500. The manufacturer has offered a payment plan that would allow Martinez to make 10 equal annual payments of $17.006.89, with the first payment due one year after the purchase. How much total interest will Martinez pay on this payment plan? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, es 458,581) Total interests e Textbook and Media Martinezcould borrow $104.500 from its bank to finance the purchase at an annual rate of 9%. Click here to view factor tables Should Martinez borrow from the bank or use the manufacturers payment plan to pay for the equipment (Round factor values to 5 decimal placeses. 1.25124 and final answer to decimal places, eg.7%) Manufacturers rate e Textbook and Media Attempts of 3 used o e > 9:48 PM 10/19/2019
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