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If a contract specifies lease payments of $1,250 to be made at the beginning of each quarter for the next four years, what lump
If a contract specifies lease payments of $1,250 to be made at the beginning of each quarter for the next four years, what lump sum payment at the beginning of the lease should satisfy the landlord if interest rates are at 12% compounded quarterly?
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
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