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How much should skysong record as the cost of the machine

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Question: Skysong Corporation bought a new machine and agreed to pay for it in equal annual installments of $4,520 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Skysong record as the cost of the machine? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132745257

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