Question: Saul Cervantes has just purchased some equipment for his landscaping business
Saul Cervantes has just purchased some equipment for his landscaping business. He plans to pay the following amounts at the end of the next five years: $10,617, $8,364, $12,849, $14,273, and $8,517. If he uses a discount rate of 10.902 percent, the cost of the equipment he purchased today is.
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