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Fundamental Fitness recently leased a new location. The company will have to pay an annual lease fee of $342,000 at the beginning of each year

Fundamental Fitness recently leased a new location. The company will have to pay an annual lease fee of $342,000 at the beginning of each year for the next 8 years. The discount rate is currently 8.31%. What is the present value of this lease contract?

Answer is 2,103,855.53 can you tell me how to get that

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