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Bridgeport Inc. is in the process of negotiating a vehicle lease. The vehicle costs $39000 and the dealership offers Bridgeport a 8% interest rate
Bridgeport Inc. is in the process of negotiating a vehicle lease. The vehicle costs $39000 and the dealership offers Bridgeport a 8% interest rate compounded quarterly. Payments will also be made quarterly over 5 years. What is the quarterly lease payment? $2434.16 $2385.11 $1950.00 $2401.46 Pina Corporation makes an investment today (January 1, 2023). It will receive $10300 every December 31 for the next six years (2023- 2028). If Pearson wants to earn 11% on the investment, what is the most it should invest on January 1, 2023? $43575 $88289 $97173 $49221
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