Use the following 8% interest factors to answer the question below: Future Value of Ordinary Annuity. 7 periods 8.92280 8 periods 10.63663 9 periods 12.48756 What amount should be recorded as the cost of a machine purchased December 31, 2023, which is to be financed by making 8 annual payments of $10,000? Each payment is made at the end of the period. The applicable interest rate is 8%, Present Value of Ordinary Annuity. 5.2064 5.7466 6.2469 4

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Q: future value

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