Assume the prevailing interest rate is 8% per annum. A 4-year lease agreement requires you to pay $2,000 up front , followed by annual payments of $1,800 a year for the first two years and $1,500 a year in the last year. What would the payment on a 4 -year lease with a constant annual payment, with the first payment due immediately, have to offer for you to be indifferent between the two lease options? Round your answer to the nearest dollar.
https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png 0 0 developer https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png developer2020-08-10 02:34:352020-08-10 02:34:35Assume the prevailing interest rate is 8% per annum.