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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

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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 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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