Huck Corporation Is Looking to Purchase a Truck Costing $49,000

Multiple Choice

Huck Corporation is looking to purchase a truck costing $49,000 by agreeing to make payments every three months for the next two years.The first payment is due three months after the purchase date.Huck's incremental borrowing rate is 8%.Each of the payments is closest to: (FV of $1,PV of $1,FVA of $1,and PVA of $1) (Use the appropriate factor(s) from the tables provided. )

A) $6,248.
B) $6,689.
C) $8,527.
D) $5,709.