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Greenfield, Inc agrees to make lease payments of 5220 at the end of each month for 48 months for the use of a machine. Asturning

Greenfield, Inc agrees to make lease payments of 5220 at the end of each month for 48 months for the use of a machine. Asturning a borrowing rate of 12%, the present value of the lease payments is Multiple Choice O $1825 58.354 $9429 $10.560

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