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PLEASE ANSWER IN EXCEL Idaho Airlines has leased out jet under a 10-year arrangement. The lease requires the lessee to pay Idaho Airlines annual payments

image text in transcribedPLEASE ANSWER IN EXCEL

Idaho Airlines has leased out jet under a 10-year arrangement. The lease requires the lessee to pay Idaho Airlines annual payments of $625,000 beginning next year. If Air Atlantic can invest at 7 percent annually, what is the lease arrangement worth to it

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