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Exercise 6-11: Evaluation of Purchase Options Sosa Excavating Inc. is purchasing a bulldozer. The equipment has a price of $1DD,UDD. The manufacturer has offered a

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Exercise 6-11: Evaluation of Purchase Options Sosa Excavating Inc. is purchasing a bulldozer. The equipment has a price of $1DD,UDD. The manufacturer has offered a payment plan that would allow Amos to make 10 equal annual payments of $16,214. 53. with the first payment due one year after the purchase. {a} How much total interest will Sosa pay on this payment plan

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