-Pharoah Corporation purchased a special tractor on December 31, 2017. The purchase agreement stipulated that Pharoah should pay $21,390 at the time of purchase and $4,780 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2017, at what amount, assuming an appropriate interest rate of 12%(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to decimal places, e.. 458,581.) Cost of tractor to be recorded Pharoah Corporation wants to withdraw $108,620 (including principal) from an investment fund at the end of each year for 9 years. What should be the required initial investment at the beginning of the first year if the fund earns 11% Round lactor values to decimal places, .0. 1.25124 and final answer to o decimal places, .458,581) Required initial investment Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 3 used