What single sum must be deposited in the bank on January 1 of this year?

Required: 1. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.) Cost of the truck $ 48,741 2. Which option for the office building results in the lowest present value? Pay in single installment Pay in three installments 3. What single amount must be deposited in this account on January 1 of this year? (Round your Amount to deposit $ 54,148 4. What single sum must be deposited in the bank on January 1 of this year? (Round your answer to nearest whole dollar.) Amount to deposit Required: 1. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.) Cost of the truck $ 48,741 2. Which option for the office building results in the lowest present value? Pay in single installment Pay in three installments 3. What single amount must be deposited in this account on January 1 of this year? (Round your Amount to deposit $ 54,148 4. What single sum must be deposited in the bank on January 1 of this year? (Round your answer to nearest whole dollar.) Amount to deposit