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Subject:ACCT335 Please Solve Faster i just want the correct option please i need faster Thanks Klarc Floy A machine is purchased by making payments of
Subject:ACCT335 Please Solve Faster i just want the correct option please i need faster Thanks Klarc Floy
A machine is purchased by making payments of $16,000 at the end of each of the next five years. The interest rate was 10%. The future value of an ordinary annuity of 1 for five periods is 6.10510. The present value of an ordinary annuity of 1 for five periods is 3.79079. What was the cost of the machine Select one: O a. $60,653 O b. $97.682 c. $107.450 O d. $66.718Step by Step Solution
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The Routledge Companion To Accounting And Risk
Authors: Margaret Woods
1st Edition
1138860123, 9781138860124
