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Each of the four independent situations below describes a sales-type lease in which annual lease payments of $16,500 are payable at the beginning of each
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $16,500 are payable at the beginning of each year. Each is a finance lease for the lessee. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Determine the following amounts at the beginning of the lease: (Round your final answers to nearest whole dollar.)
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