Pearl Excavating Inc. is purchasing a bulldozer. The equipment has a price of $106,900. The manufacturer has offered a payment plan that would allow Pearl to make 10 equal annual payments of $21,300.00, with the first payment due one year after the purchase. How much total interest will Pearl pay on this payment plan? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Total interest $ e Textbook and Media Pearlcould borrow $106,900 from its bank to finance the purchase at an annual rate of 9%. Click here to view factor tables Should Pearl borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 7%.) Manufacturer's rate