Question: PLEASE SHOW ALL WORK AND FORMULAS, DON'T USE EXCEL. IF YOU USE A FINANCIAL CALCULATOR PLEASE PUT ALL STEPS FOR ENTERING INTO THE CALCULATOR AND

PLEASE SHOW ALL WORK AND FORMULAS, DON'T USE EXCEL. IF YOU USE A FINANCIAL CALCULATOR PLEASE PUT ALL STEPS FOR ENTERING INTO THE CALCULATOR AND WHICH MODES IT NEEDS TO BE ON. PLEASE SHOW ALL WORK AND FORMULAS, DON'T USE EXCEL. IF YOU USE

Question 25 You are considering the purchase of an industrial printer for vour business. The salesman states that you can purchase the printer today for $85.000 or pay nothing today and make monthly installment payments of $1,368 for 7 years. Your company's current financing rate is 7.00% annually. What is the present value of the monthly payment plan and which payment option should you choose

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