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In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year 2019 2020 2021 2022 2023
In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Year 2019 2020 2021 2022 2023 Amount 9,561 7,642 6,171 5,305 3,292 Calculate the present value of the operating lease obligations, assuming a discount rate of 7%. In a footnote to its 2018 annual report Hewlett Packard reported the following operating lease obligations (in $ millions): Amount 9,888 Year 2019 2020 2021 2022 2023 After 2023 7,695 6,482 4,839 3,756 15,024 Calculate the present value of the operating lease obligations, assuming a discount rate of 8%
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