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a company leases equipment with a fmv of $250000, an economic life of six years and no residual value.?
a company leases equipment with a fmv of $250000, an economic life of six years and no residual value. the term of the lease is 6 years and should return a yield of 6%
6% tables Present Value PV Annuity Due
Year 4 .79209 3.67301
Year 5 .74726 4.46511
Year 6 .70496 5.21236
What is the amount of the lease payment per year using the table above assuming payments are made the beginning of each year?
(A) $54291
(B) $44805
(C) $28131
(D) $47963
Could you show me how to work this problem please?
