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of A machine is purchased by making payments of $6,000 at the beginning of each of the next five years. The interest rate was 10%.
of A machine is purchased by making payments of $6,000 at the beginning of each of the next five years. The interest rate was 10%. The future value of an ordinary annuity of $1 for five periods is 6.10510. The present value of an ordinary annuity of $1 for five periods is 3.79079. What was the cost of the machine? a. $36,631 b. $40,294 c. $22,745 Od. $25,019
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How To Stop Living Paycheck To Paycheck How To Take Control Of Your Money And Your Financial Freedom Starting Today Volume 1
Authors: Phil Wall
1st Edition
1647772249, 978-1647772246
