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In the third year of a 6-year finance lease, the portion of the lease payment applicable to the reduction of the lease liability should be
In the third year of a 6-year finance lease, the portion of the lease payment applicable to the reduction of the lease liability should be (5 points):
A. less than in the second year B. more than in the fourth year
C. the same as in the fourth year D. more than in the second year
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Please (1) select a solution for the following question, and (2) explain why.
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