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Manning Imports is contemplating an agreement to lease equipment to a customer for ten years. Manning normally sells the asset for a cash price of

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Manning Imports is contemplating an agreement to lease equipment to a customer for ten years. Manning normally sells the asset for a cash price of $300,000 Assume that 10% is a reasonable rate of interest. What must be the amount of quarterly lease payments (beginning at the commencement of the lease) in order for Manning to recover its normal selling price as well as be compensated for financing the asset over the lease term? Note: Use tables, Excel, or a financlel calculator. Round your answers to nearest whole number and round percentoge answer to 1 decimal place. (EV of S1. PV of S1, PVA of S1, PVA of \$1. FVAD of S1 and Table 6 freces Walus of an Anasisy Due of s

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