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sertanlavr [38]
3 years ago
13

Need answer like, fast.

Business
1 answer:
grigory [225]3 years ago
7 0

Answer:

D

Explanation:

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On January 1, Year 1, Savor Corporation leased equipment to Spree Company. The lease term is 9 years. The first payment of $698,
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Answer:

The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697

Explanation:

Present value of Lease Payment = $4,561,300

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