Saul cervantes has just purchased some equipment for his, Ask an Expert

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Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,760, $7,520, $9,920, $12,490, and $11,920. If the appropriate discount rate is 6.385 percent, what is the cost in today's dollars of the equipment Saul purchased today? (Round answer to 2 decimal places, e.g. 15.25.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92784532

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