Business, 10.10.2019 03:00, pippalotta

The strug company purchased office furniture and equipment for $8,600 and agreed to pay for the purchase by making five annual installment payments beginning one year from today. the installment payments include interest at 8%. what is the required annual installment payment? (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) (do not round intermediate calculations. round your final answer to nearest whole dollar amount.)

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The strug company purchased office furniture and equipment for $8,600 and agreed to pay for the purc...