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Knowledge Check 01 Turing City, Inc, purchased equipment and agreed to pay the supplier $500 per month for 10 months and an additional $5,000 at

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Knowledge Check 01 Turing City, Inc, purchased equipment and agreed to pay the supplier $500 per month for 10 months and an additional $5,000 at the end of 10 months. The supplier is charging 12% interest per year or 1 per month What is the amount of the ability that should be recorded on the date the note is signed? Use Table El and Table 2 (Round your answer to 2 decimal places) Presente

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