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Rambo express is considering the purchase of a new sorting machine. The sales quote consists of semi- annual payments of $76,400 for five years at

Rambo express is considering the purchase of a new sorting machine. The sales quote consists of semi- annual payments of $76,400 for five years at 7.6% interest. What is the purchase price? image text in transcribed
21. Rambo Express is considering the purchase of a new sorting machine. The sales quote consists of semi-annual pay $76,400 for five years at 7.6% interest.What is the purchase pnce? (Chap 4) $625,888.38 $614,184.40 C )$687,418.22 $774,311.28 E. $836,267.35 Ronue Questinns -Work must be shown to earn full credit. Partial credit is available

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