Jacob is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 5 years. If the interest
2 answers:
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Answer:
The correct answer is "2,40,000". The further explanation is given below.
Explanation:
The given fair value is:
= $240,000
The presentation in books of lessee will be:
⇒
⇒
On putting the values, we get
⇒
⇒
⇒ ($)
Presentation in books of Lessor , the fair value of assets will be
= ($)