Business, 08.10.2019 19:10 sophiaa23

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 immediately. 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.)
a. $1,720
b. $2,154
c. $1,994
d. $1,466

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