asked 1.1k views
4 votes
Perdue Company has purchased equipment that requires annual payments of $30,000 to be paid at the end of each of the next 6 years. The appropriate discount rate is 12%. What amount will be used to record the equipment?a. $165,772b. $180,000c. $115,650d. $123,342

asked
User JohnAD
by
8.2k points

1 Answer

4 votes

The answer will be $123,342

answered
User Kerrick
by
7.7k points
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