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Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of the
Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of the next five years: $11,650, $8,180, 99,745, $12,130, and $11,090. If the appropriate discount rate is 8,700 percent, what is the cost in today's dollars of the equipment Saul purchased today? (Round answer to 2 decimal places, e.g. 15.25.) Present value 11536.34 Click If you would like to show Work for this questioni Con Show Work LINK TO TEXT
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