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Bravo Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Bravo. The machine has a cash price of

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Bravo Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Bravo. The machine has a cash price of $780,000. Bravo wants to be reimbursed for financing the machine at a 12% annual interest rate over the five-year lease term. Required: 1. Determine the required lease payment if the lease agreement calls for 10 equal semiannual payments beginning six months from the date of the agreement. 2. Determine the required lease payment if the lease agreement calls for 20 equal quarterly payments beginning immediately. 3. Determine the required lease payment if the lease agreement calls for 60 equal monthly payments beginning one month from the date of the agreement. The present value of an ordinary annuity factor for n=60 and /=196 is 44.9550 . Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, EVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Determine the required lease payment if the lease agreement calls for 10 equal semiannual payments beginning six months from the date of the agreement. Note: Round your final answers to nearest whole dollar amount. the date of the agreement. The present value of an ordinary annuity factor for n=60 and /=1% is 44.955 . Note: For all requirements, Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1. EVA of \$1, PVA of \$1. EVAD of S1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Determine the required lease payment if the lease agreement calls for 20 equal quarterly payments beginning immediately. Note: Round your final answers to nearest whole dollar amount. Note: Round your final answers to nearest whole dollar amount. the date of the agreement. The present value of an ordinary annuity factor for n=60 and /=1% is 44.9550 . Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of S1, PV of S1. EVA of S1, PVA of S1, EVAD of \$1 and PVAR. of \$1) Complete this question by entering your answers in the tabs below. Determine the required lease payment if the lease agreement calis for 60 equal monthly payments beginning one month from the date of the agreement. The present value of an ordinary annuity factor for n=60 and f=1% is 44.9550 . Note: Round your final answers to nearest whole dollar amount

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