Question: NEW Problem #5 A contractor offers to purchase your old D-9 dozer for $10,000 but cannot pay you the money for twelve months. If you

NEW Problem #5 A contractor offers to purchase your old D-9 dozer for $10,000 but cannot pay you the money for twelve months. If you feel that a monthly interest rate of 1% is a fair interest, what is the present worth of the $10,000 to you today

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