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PLEASEEE HELP WILL THUMBS UP!! David signed a 10 year lease. The lease requires him to pay the rent at the beginning of the year,
PLEASEEE HELP WILL THUMBS UP!!
David signed a 10 year lease. The lease requires him to pay the rent at the beginning of the year, starting today. If David's lease payments are $15,000 a year, and annual interest rates are 3%, what is the present value of the lease? $15,378.94 $131,791.63 $150,000.00 $127,953.04 $63,197.13 Step by Step Solution
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