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pla help SWitty Ltd. purchased a used trock from Trans Auto...

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Accounting

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SWitty Ltd. purchased a used trock from Trans Auto Sales inc. Swifty paid a \$3, 800 down payment and signed a note that calls for 36 paryments of $1,033,00 at the end of each month. The stated rate of interest in the note is 4X. As an incentive for entering into the contract. Trans has agreed to forgive the first two payments under the lease. CIIck here to view the factor table PRESENT VALUE OF 1 (a) Dtaces, es. 15797\%)

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