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Homework Answers
| Table or calculator function: | PVAD of $1 |
| Lease payment: | $56000 |
| n= | 12 |
| i= | 7% |
| PV of lease | $475926 |
8.49867, is the PVAD of n= 12, i= 7%
PV of leas= $56000*8.49867= $475926
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