Question: Your dad plans to put $8,000 down on a motorcycle today and makes payments of $4,000 in each of the next two years, which will

Your dad plans to put $8,000 down on a motorcycle today

Your dad plans to put $8,000 down on a motorcycle today and makes payments of $4,000 in each of the next two years, which will pay off it. Also, Interest rates are 8%. Find the value of his motorcycle today

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