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Wildhorse Co. has machinery that cost $128,000. It is to be leased for 15 years with rent received at the beginning of each year. Wildhorse

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Wildhorse Co. has machinery that cost $128,000. It is to be leased for 15 years with rent received at the beginning of each year. Wildhorse wants a return of 9%. Click here to view factor tables Compute the amount of the annual rent. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, eg. 458,581.) Annual rent $ Save for Later Attempts: 0 of 1 used Submit

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