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Payments Sam Hinds, a local dentist is going to remodel the dental reooption area and add two now workstations. He has contacted A-Dec, and the

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Payments Sam Hinds, a local dentist is going to remodel the dental reooption area and add two now workstations. He has contacted A-Dec, and the new equipment and cabinetry will cost $18,000 A-Doc wil finance the equipment purchase at 9% for 6 years. What wil Hinds have to pay in annual payments for this equipment? What will Hinds have to pay in annual payments for this equipment? (Round to the nearest cent.)

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