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Sandhill Co. has machinery that cost $177,000. It is to be leased for 15 years with rent received at the beginning of each year. Sandhill

Sandhill Co. has machinery that cost $177,000. It is to be leased for 15 years with rent received at the beginning of each year. Sandhill wants a return of 12% Click here to view factor tables Compute the amount of the annual rent (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, eg 159 591

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