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Business, 27.11.2019 01:31 al8ce

Ohnstone company is facing several decisions regarding investing and financing activities. address each decision independently. (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.) 1. on june 30, 2021, the johnstone company purchased equipment from genovese corp. johnstone agreed to pay genovese $24,000 on the purchase date and the balance in six annual installments of $7,000 on each june 30 beginning june 30, 2022. assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should johnstone value the equipment?

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