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

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Payments. Sam Hinds, a local dentst, is going to remodel the dental reception area and add two now workstations. He has contacted A-Dec, and the new ecuipment and cabinetry will cost $20,000. A.Dec will france the equipment purchase at 9% for 9 years. What will Hinds have to pay in annual payments for this ecuipment? What wil Hinds have to pay in anrual paymants tor this equipment? (Round to the nearest cent)

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