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On January 1, 202X, Hawks Delivery Inc. purchased a van to deliver goods. The vendor offered Hawks Delivery Inc. financing terms that required Hawks
On January 1, 202X, Hawks Delivery Inc. purchased a van to deliver goods. The vendor offered Hawks Delivery Inc. financing terms that required Hawks Delivery Inc. to make 7 equal payments of $ 21000 at the end of each year. The current interest rate for Hawks Delivery Inc. is 10%. How much would Hawks Delivery Inc. record as the initial purchase price of the van? Round your answer to the nearest dollar. Your Answer: Answer
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