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Whispering Excavating Inc. is purchasing a bulldozer. The equipment has a price of $ 106,000. The manufacturer has offered a payment plan that would allow

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Whispering Excavating Inc. is purchasing a bulldozer. The equipment has a price of $ 106,000. The manufacturer has offered a payment plan that would allow Whispering to make 12 equal annual payments of $ 14,802.96, with the first payment due one year after the purchase. al) Your answer is correct. How much total interest will Whispering pay on this payment plan? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Total interest 71636 Attempts: 1 of 3 usecd Your answer is incorrect Whispering could borrow $ 106,000 from its bank to finance the purchase at an annual rate of 8% Click here to view factor tables

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