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Business, 26.02.2020 22:52 mathhelpneeded66

The Hutton Company purchased a delivery truck on February 1, 2021. The purchase agreement required Hutton to pay the total amount due of $15,000 on February 1, 2022. Assuming an 8% rate of interest, the calculation of the price of the truck would involve multiplying $15,000 by the .a. Present value of $1. b. Present value of an ordinary annuity of $1. c. Future value of S1. d. Future value of an ordinary annuity of $1.

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