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Question 14 James leases a ski chalet to his best friend, Janet. The lease term is five years with $27000 annual payments due at the

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Question 14 James leases a ski chalet to his best friend, Janet. The lease term is five years with $27000 annual payments due at the beginning of each year, what is the present value of the payments discounted at 7% per annum? her O $110706. O $104862 $99563. O $118455

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