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Arthur Financing leases airplanes to airline companies. Arthur has just signed a 10-year lease agreement that requires annual lease payments of $1,300,000. What is the
Arthur Financing leases airplanes to airline companies. Arthur has just signed a 10-year lease agreement that requires annual lease payments of $1,300,000. What is the present value of the lease using a 6% interest rate? (Assume thr (Click the icon to vie i Present Value of Annuity of $1 Present Value of $1 O A. $7,254,000 Present Value of Annuity OT I 6% 7% 8% 10% OB. $95,680,000 4% 5% 12% 14% 16% Present Value of $1 7% 8% ds 4% 5% 6% 10% 12% O c. $725,400 OD. $9,568,000 0.952 1.859 2.723 3.546 onunla . 0.962 1.886 2.775 3.630 4.452 5.242 6.002 6.733 7.435 8.111 8.760 4.329 5.076 5.786 6.463 7.108 7.722 8.306 0.943 1.833 2.673 3.465 4.212 4.917 5.582 6.210 6.802 7.360 7.887 0.935 1.808 2.624 3.387 4.100 4.767 5.389 5.971 6.515 7.024 7.499 0.926 1.783 2.577 3.312 3.993 4.623 5.206 5.747 6.247 6.710 7.139 0.909 1.736 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 6.495 0.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 5.938 0.877 1.647 2.322 2.914 3.433 3.889 4.288 4.639 4.946 5.216 5.453 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.608 4.833 5.029 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 hhh 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 0.935 0.873 0.816 0.763 0.713 0.666 0.623 0.582 0.544 0.508 0.926 0.857 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0.463 0.909 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 0.893 0.797 0.712 0.636 0.567 0.507 0,452 0.404 0.361 0.322 Click to select your ansy
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