Question: Question 8 1 pts This is the same information as questions 6 & 7: A company decided to finance the purchase of truck. The loan

Question 8 1 pts This is the same information as questions 6 & 7: A company decided to finance the purchase of truck. The loan agreement requires quarterly payments of $850/each for 3 years. The interest rate on the loan is 8%. No amount was due in cash at the time of signing and the first payment of $850 is due three months (one quarter) after the signing date. Which present value table would you use to find the price the company paid for the truck? Present value of an ordinary annuity Present value of $1

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