45.12 The annual rental payments on a five-year lease are 11,000. If the rate of interest payable...
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45.12 The annual rental payments on a five-year lease are £11,000. If the rate of interest payable on borrowing for this purpose is 9%, what is the capital value of the lease?
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9780273712138
11th Edition
Authors: Frank Wood, Alan Sangster
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