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Rubbish Consortium is considering the purchase of a faster cleaning equipment. The purchase consists of quarterly payments of $26,680 for six years at 1.8 percent
Rubbish Consortium is considering the purchase of a faster cleaning equipment. The purchase consists of quarterly payments of $26,680 for six years at 1.8 percent interest. What is the present value of this purchase? A. $605,665.09 B. $587,418.22 C. $514,184.40
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