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Business, 27.02.2021 05:20 hayyeet

Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of the next five years: $12,000, $8,810, $9,105, $12,280, and $11,210. If the appropriate discount rate is 8.000 percent, what is the cost in today’s dollars of the equipment Saul purchased today?

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