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Description Value ($) Lease Term (Years) Implicit Interest Rate (%) Present Value of Lease Liability ($) Equipment Lease 12,000 5 6 ? Calculate the present

Description Value ($) Lease Term (Years) Implicit Interest Rate (%) Present Value of Lease Liability ($)
Equipment Lease 12,000 5 6 ?
Calculate the present value of the lease liability.

Description	Value ($)	Lease Term (Years)	Implicit Interest Rate (%)	Present Value of Lease Liability ($)
Equipment Lease	12,000	5	6	?

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