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Find the answer to the question above. If you could give the answer using an excel function, that would be preferential. If not, the calculation

image text in transcribedFind the answer to the question above. If you could give the answer using an excel function, that would be preferential. If not, the calculation to find the answer would do.

Exercise 5: Porter sold equipment to a customer on account. Porter will earn 9% annually on the loan. Payments of $3,204 are required at the beginning of each of 6 years. What should Porter record as the amount of the sale? Note: This is an annuity due. (1 point) Answer: The sale should be recorded at: Your answer using PV and/or FV table factors

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