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Question 6 of 6 A contract requires lease payments of $700 at the beginning of every month for 4 years. a. What is the present

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Question 6 of 6 A contract requires lease payments of $700 at the beginning of every month for 4 years. a. What is the present value of the contract if the lease rate is 5.85% compounded annually? $0.00 Round to the nearest cent antul finan..halan OCAL HAN Question 6 of 6 a. What is the present value of the contract if the lease rate is 5.85% compounded annually? $0.00 Round to the nearest cent b. What is the present value of the contract if the lease rate is 5.85% compounded daily? $0.00 Round to the nearest cent

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