1 Help Save & Ext Present and future value tables of $1 at 3% are presented below. FV $1 PV $ 1 FVA $1 PVA $ 1 FVAD $1 PVAD $1 1.030000 .97087 1.0000 0.97887 1.300 1.600 1.06090 0.94260 2.0360 1.91347 2.9909 1.97087 11.69273 0.91514 3.0909 2.82861 3.1836 2.913 1.12551 0.88849 4.1836 3.71719 4.3091 3.82861 1.15927 0.862615 .3091 4.57971 5.46844 .71 1.19405 0.83748 6.46849.417196 .6625 1.22987 0.81309 7.6625 6.23028 7.0923 1.26677 0.789418 .89237 .01969 9.1591 7.23028 1.38477 0.7664210.159117.78611 10.4639 8.01969 | 1.34392 0.7440911.46398.5302011.80788.78611 11.38423 0.72242 12.8078 9.25262 13.1920 9.53020 | 1.42576 0.70138 14.19209.9540014.6178 10.25262 13 1.46853 0.68095 15.6178 10.61496 16.6863 10.95400 14 1.51259 .66112 17.9863 11.2960217.598911.63496 15 1.55797 0.64186 18.5989 11.93794 12.29607 19.1569 161.60471 0.62317 20.1569 12.56110 20.761612.93794 A firm leases equipment under a long-term finance lease (analogous to an instaliment purchase) that calls for 12 semiannual payments of 4764112. The first payment is due at the inception of the lease. The annual rate on the lease is 6. What is the value of the leased asset at inception of the lease? Multiple Choice 547 574 art 1 0 Help Seveda L 1 .5 21. 03.2018 . 15 1.55797 9.64186 18.5989 11.93794 19.15 12.2007 | 16 | 1.6047 .62317 20.1969 | 12.5611020.7616 12.9374 A firm leases equipment under a long term finance lease (analogous to an installment purchase) that calls for 12 semiannual payments of 4754112. The first payment is due at the inception of the lease. The annual rate on the lease is 6%. What is the value of the leased asset at inception of the lease? Multiple Choice o 5542.574 o O S488, 446 o 3528,528 o $476,795