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problem IV Jane bocht an die system and speed to pay for the purchase by making for mal installment of $800 beginning on your from

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problem IV Jane bocht an die system and speed to pay for the purchase by making for mal installment of $800 beginning on your from today plus sporum pwywana 57.000 at the end of five years. The interest rate is 12% In answering the following questions, use the following factor Present value factor of an ordinary annalty of 81 (-4,1-126) - 3.68735 Present value factor of an anuwuity due of $1 (n=4, 1-12%) -3.40153 Present value factor of $1 (1-5, 1-12%) 0.56743 Present value factor of $1 (n=4.1=1276) = 0,63562 1. What was the cost of the sadio system? Solution . 2. Record the purchase in the books of Jane. Solution

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