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Your client, Abert Johinson Leacing Compary, is preparing a contract tolease a machine to Souvenirs Corporation for a period of 75 years. Johusan has an
Your client, Abert Johinson Leacing Compary, is preparing a contract tolease a machine to Souvenirs Corporation for a period of 75 years. Johusan has an investment cost of $428.600 in the machine, which has a useful life of 25 years and no salvape value at the end of that time. Your client is interested in earning an 9/5 return on its imestment and fas agreed to accept 25 equal rental payments at the end of each of the next 25 yean. Clickbere to view factor tables You are requested to provide Johnson with the mount of exch of the 25 rental puments that will yield an 986 return on irvestment. Amount of exchircetal payments
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