Jagadison Co,leases computer equipment to customers under sales-type leases. The equipment has no residual value at the end of the lease and the leases do not contain purchase options. Jagadison desires a return of 6% interest on a eight year lease of equipment with a fair value of $822,750. The present value of an annuity due of $1 at 6% for eight years is 6.582. What is the total amount of interest revenue that Jagadison will earn over the life of the lease? Multiple Choice $102,844 O $177,250 $394,920 $125,000 ar ar