Question: ( b ) On June 1 , 2 0 2 5 , Seymour Inc. purchased a new machine that it does not have to pay

(b) On June 1,2025, Seymour Inc. purchased a new machine that it does not have to pay for until June 1,2027. The total payment on June 1,2027, will include
Future valu both principal and interest. Assuming interest at a 12% rate, the cost of the machine would be the total payment multiplied by what time value of money concept?
( b ) On June 1 , 2 0 2 5 , Seymour Inc.

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