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HELP FAST PLEASE Luis Swift Corporation signed a lease for an office building for a period of 14 years. Under the lease agreement, a security
HELP FAST PLEASE
Luis Swift Corporation signed a lease for an office building for a period of 14 years. Under the lease agreement, a security deposit of $9.000 is made. The deposit will be returned at the expiration of the lease with interest compounded at 8% per year. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided) What amount will witty Corporation receive at the time the lease expires? (Round answer to 2 decimal places, es 25.25) Amount at the time the lease expires $ Step by Step Solution
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