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Each of the four independent situations below describes a sales - type lease in which annual lease payments of $ 1 6 , 5 0
Each of the four independent situations below describes a salestype lease in which annual lease payments of $ are payable at
the beginning of each year. Each is a finance lease for the lessee.
Note: Use tables, Excel, or a financial calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
Determine the following amounts at the beginning of the lease:
Note: Round your final answers to nearest whole dollar.
Answer is not complete.
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