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MrRissso [65]
3 years ago
5

On March 31, 2018, the Freeman Company leased a machine. The lease agreement requires Freeman to pay 10 annual payments of $6,00

0 on each March31, with the first payment due on March 31, 2018. Assuming an interest rate of 10% and that this lease is treated as an installment sale, Freeman willinitially value the machine by multiplying $6,000 by which of the following factors?A)Present value of $1 at 10% for 10 periods.B)Present value of an ordinary annuity of $1 at 10% for 10 periods.C)Present value of an annuity due of $1 at 10% for 10 periods.D)Future value of an annuity due of $1 at 10% for 10 periods.
Business
1 answer:
kap26 [50]3 years ago
6 0

Answer:

Correct answer is: Present value of annuity due of $1 at 10% for 10 periods

10 annual payments to be made each of $6000 with the Discount factor of Present value of annuity due of $1 at 10% for 10 periods Freeman will get the initial value (Present value which is to be paid in future)

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umka2103 [35]

Answer:

C) Programmer

Explanation:

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4 0
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The quantity of the product delivered will decrease if the curve shifts to the left, but it will grow if it shifts to the right.

<h3>What is a supply curve?</h3>

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The shift in the supply curve:

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Learn more about the supply curve:

brainly.com/question/9228571

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6 0
2 years ago
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