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

Payments.Sam Hinds, a local dentist, is going to remodel the dental reception area and add two new workstations. He has contacted A-Dec, and the new equipment and cabinetry will cost $15,000. A-Dec will finance the equipment purchase at 8.5% for 8 years. What will Hinds have to pay in annual payments for this equipment? Question content area bottom Part 1 What will Hinds have to pay in annual payments for this equipment? $enter your response here(Round to the nearest cent.)

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