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Leticia leased a piece of equipment for her business under a sales contract that required payments of $1,430 at the beginning of each month for

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Leticia leased a piece of equipment for her business under a sales contract that required payments of $1,430 at the beginning of each month for 3 years. The interest charged was 6.55% compounded semi-annually. Determine the accumulated value of the lease for the equipment. (7 marks) P/Y = C/Y = N= I/Y = PV = PMT = FV =

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