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Indigo Excavating Inc. is purchasing a bulldozer. The equipment has a price of $91,400. The manufacturer has offered a payment plan that would allow
Indigo Excavating Inc. is purchasing a bulldozer. The equipment has a price of $91,400. The manufacturer has offered a payment plan that would allow Indigo to make 10 equal annual payments of $16,176.35, with the first payment due one year after the purchase. (a) Your answer is incorrect. How much total interest will Indigo pay on this payment plan? (Round answer to O decimal places, e.g. 5,125.) Total interest $
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