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Business, 02.03.2020 18:15 vale1881

Manning Imports is contemplating an agreement to lease equipment to a customer for ve years. Manning normally sells the asset for a cash price of $100,000.
Assuming that 8% is a reasonable rate of interest, what must be the amount of quarterly lease payments (beginning at the inception of the lease) in order for Manning to recover its normal selling price as well as be compensated for financing the asset over the lease term?

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Manning Imports is contemplating an agreement to lease equipment to a customer for ve years. Manning...
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