A company leases equipment for seven years. The equipment costs ,000 and the owner (called the "lessor") wants to earn 9.5% on the lease. What should be the lease payments?
Tags: seven years, Technology Internet, lease payments, Vehicle leasing, Business FinanceA company leases equipment for seven years The equipment costs $28 000 and the owner (called the lessor) wants to earn 9 5% on the lease What should be the lease payments?
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Should be around …$457.63 Per Month !
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