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Payment Lease Payment Amount Compute the amount of the lease payment for each of the following independent situations: Fair Value Guar/ Years Resid. Value Timing

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Payment Lease Payment Amount Compute the amount of the lease payment for each of the following independent situations: Fair Value Guar/ Years Resid. Value Timing Bargain Purch. Option at start Unguar. Int. of Lease end of lease of payments at end of lease a $250.000 Guar. 8% 6 $ 30,000 beginning of year no b. $700,000 Unguar. 8% 6 $150,000 end of year $120,000 Factors from PV tables: PV ord. ann. Factor 8%, 6 periods 4.6229 PV ann. Due factor 8%, 6 periods 4.9927 PV $1 Factor 8%, 6 periods. .63017 Payment Lease Payment Amount Compute the amount of the lease payment for each of the following independent situations: Fair Value Guar/ Years Resid. Value Timing Bargain Purch. Option at start Unguar. Int. of Lease end of lease of payments at end of lease a $250.000 Guar. 8% 6 $ 30,000 beginning of year no b. $700,000 Unguar. 8% 6 $150,000 end of year $120,000 Factors from PV tables: PV ord. ann. Factor 8%, 6 periods 4.6229 PV ann. Due factor 8%, 6 periods 4.9927 PV $1 Factor 8%, 6 periods. .63017

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