Question: d-ons Help Last edit was seconds ago Arial 11 BIU A DE E 1 2 Cooper company has purchased equipment that require annual payments of
d-ons Help Last edit was seconds ago Arial 11 BIU A DE E 1 2 Cooper company has purchased equipment that require annual payments of $18,000 to be paid at the end of each of the next six years. The discount rate is 8%. The present value of the present value of an ordinary annuity of $1 for six periods at 8% is 4,623. What amount will be assigned to the equipment at purchase date? (Round answer) A $83,214 B. $11,340 C. $3824 D. $84,554 hop a 1
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