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Red Sun Rising Corporation has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,300,000 for 15

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Red Sun Rising Corporation has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,300,000 for 15 years with the first payment due today. If the interest rate is 3.33 percent, what is the value of thi liability today? $14,397,516,16 $15.155.280.17 $15,659,951.00 516,051,44977 516.442.948.55

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