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Question 2 A six-year lease requires payment of $1,079.00 at the beginning of every three months. If money is worth 5% compounded monthly, what is
Question 2 A six-year lease requires payment of $1,079.00 at the beginning of every three months. If money is worth 5% compounded monthly, what is the cash value of the lease? (D intermediate calculations. Round the final answer to 2 decimal places. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial 14px A TX % Q X X > + ABC TT 12 . EX (:) #
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