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Patel Accounting Inc leases its office and computer equipment. Two years ago, it signed a four-year lease requiring semi-annual payments of $14,350 Financing the
Patel Accounting Inc leases its office and computer equipment. Two years ago, it signed a four-year lease requiring semi-annual payments of $14,350 Financing the equipment would have required a bank loan at 8 50% compounded monthly What is the current amount of the lease liability? For full marks your answer(s) should be rounded to the nearest cent Liability $ 0.00 =
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