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Kaitlyn leased equipment worth $ 4 0 , 0 0 0 for 6 years. If the cost of borrowing is 4 . 8 3 %

Kaitlyn leased equipment worth $40,000 for 6 years. If the cost of borrowing is 4.83% compounded quarterly, calculate the size of the lease payment that is required to be made at the beginning of each quarter.
Round to the nearest cent

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