Chapters: 10 and Appendix G Time Runnin Attempt due: AA 55 Minutes ces 2 pts D Question 22 ales iborations ce 365 Hazel Company has just purchased equipment that requires annual payments of $40,000 to be paid at the end of each of the next 2 years. The appropriate discount rate is 10%. What is the cost of equipment at date of purchase? (PV of $1 (10%, 2yr) - 0.82645, PV of annuity of $1 (10%, 2yr) - 1.73554. FV of $1 (10%, 2y.) - 1.21000, FV of annuity of $110%, 2yr) - 2.1000) laborate Ultra Acker Sync SE4.000 500.000 S4400 569422 Previous Next