Question: what will be the right answer for 6 a and b? 6) A company estimates that it will have to replace a piece of equipment

what will be the right answer for 6 a and b?

6) A company estimates that it will have to replace a piece of equipment at a cost of $300,000 in 6 years. To 300,000 OSS 12 OSS) 72 - an account paying 5.5% compounded monthly. [6 points) How much should each payment be? fVE 300,000 t = 6 x M =12 n = 72 120.oss &=-Oss 12 [PMT=988.87 6 3 points) How much interest is earned over the 8 years? 72.988,27= 71,155.44 Bapu 71, 155,44 228844; 56

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