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Cooper Company has purchased equipment that requires annual payments of $19,000 to be paid at the end of each of the next years. The discount

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Cooper Company has purchased equipment that requires annual payments of $19,000 to be paid at the end of each of the next years. The discount role in 12% What amount will be assigned to the equipment at the purchase date? The present value of $1 for six periods of 12 is 0.507 The present value of an ordinary annuity of $1 for six periods at 12% 16 4.111 (Round your final answer to the nearest collar) $4622 $78,109 $9633 587,742

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