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11-03-2024
Mathematics

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Postal Express is considering the purchase of a new sorting machine. The sales quote consists of quarterly payments of $37,200 for five years at 7.6 percent interest. What is the purchase price? a. $774,311.28 b. $687,418.22 c. $836,267.35 d. $621,380.92 e. $614,184.40

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