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Question 27 You are considering the purchase of an industrial printer for your business. The salesman states that you can purchase the printer today for

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Question 27 You are considering the purchase of an industrial printer for your business. The salesman states that you can purchase the printer today for $63,000 or pay nothing today and make monthly installment payments of $904 for 10 years. Your company's current financing rate is 10.00% annually. What is the present value of the monthly payment plan and which payment option should you choose? N-10.12 Ant

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