Question: Can someone explain this? Question 25 0 / 4.5 pts A company purchased a machine; the contract price is to be paid in 2 installments

Can someone explain this? Can someone explain this? Question 25 0 / 4.5 pts A company

Question 25 0 / 4.5 pts A company purchased a machine; the contract price is to be paid in 2 installments of $25,000 each at the end of the next 2 years. Assume a 10% interest/discount rate. What is the total cost (present value) of the machine? Round your answers to the nearest dollar, if necessary (e.g., 892.53 is rounded to 893). swered 20,661.25 Answers Between 43,383 and 43,393

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