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Green Industries purchased a machine from Cyan Corporation on October 1, 2021. In payment for the $153,000 purchase, Green issued a one- year installment
Green Industries purchased a machine from Cyan Corporation on October 1, 2021. In payment for the $153,000 purchase, Green issued a one- year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 12%. Monthly installment payments are closest to: (EV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice 00:28:07 Print $12.750. $18,360. $14,757 $13.594
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