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Business, 19.03.2021 01:00 jrjordans13ox06qs

Larkspur Company leases equipment for 8 years with an annual rental of $1,700 per year or $13,600 in total. General Leasing (the lessor) agrees to provide Larkspur with $200 for the first 2 years of the lease to defray needed repairs to the equipment. Determine the total lease payments that Larkspur will pay for the first 3 years of the lease agreement. Lease payments $enter the total lease payments in dollars

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