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Oriole Corporation purchased a special tractor on December 3 1 , 2 0 2 5 . The purchase agreement stipulated that Oriole should pay $
Oriole Corporation purchased a special tractor on December The purchase agreement stipulated that Oriole should pay
$ at the time of purchase and $ at the end of each of the next years. The tractor should be recorded on December
at what amount, assuming an appropriate interest rate of Round factor values to decimal places, eg and
final answer to decimal places, eg
Cost of tractor to be recorded $
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Oriole Corporation wants to withdraw $including principal from an investment fund at the end of each year for years.
What should be the required initial investment at the beginning of the first year if the fund earns Round factor values to
decimal places, eg and final answer to decimal places, eg
Required initial investment $
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