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Question 3 of 7 < > View Policies Current Attempt in Progress Presented below are three unrelated situations. - / 10 (a) Blossom Company
Question 3 of 7 < > View Policies Current Attempt in Progress Presented below are three unrelated situations. - / 10 (a) Blossom Company recently signed a lease for a new office building, for a lease period of 10 years. Under the lease agreement, a security deposit of $14,110 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. Click here to view factor tables What amount will the company receive at the time the lease expires? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The company will receive $ eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer
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