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The lease price for a piece of equipment is $14,500. If the term of the lease is 3 years, and the interest charged is 4.5%
The lease price for a piece of equipment is $14,500. If the term of the lease is 3 years, and the interest charged is 4.5% compounded monthly, what is the monthly lease payment?
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
