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(Ignore income taxes in this problem) Schaad corporation has entered into an eight lease for a piece of equipment. the annual payment under the lease
(Ignore income taxes in this problem) Schaad corporation has entered into an eight lease for a piece of equipment. the annual payment under the lease will be $2,500, with payments being made at the beginning of each year.
if the discount rate is 14%, what's the present value of the lease payments?
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