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Carla Vista Co. has machinery that cost $130,000. It is to be leased for 15 years with rent received at the beginning of each year.

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Carla Vista Co. has machinery that cost $130,000. It is to be leased for 15 years with rent received at the beginning of each year. If Carla Vista wants a return of 6%. Click here to view factor tables What amount should be charged for the annual rent? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Annual rent

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