the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. if money is worth 9% converted quarterly. how much must be paid quarterly? a. $16,886.79 b.$9,056.79 c.$16,515.20 d.$8,857.49

the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. if money is worth 9% converted quarterly. how much must be paid quarterly? a. $16,886.79 b.$9,056.79 c.$16,515.20 d.$8,857.49

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

a. $16,886.79

b.$9,056.79

c.$16,515.20

d.$8,857.49

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