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valentina_108 [34]
3 years ago
10

You may use your financial calculator or present value tables for this question. Firm A leased equipment with a list price $1,21

5,800, a lease life of 20 years, an initial (down) payment of $100,000, and an annual payment of $100,000 for 19 additional periods. What is the implied lease contract interest rate

Business
1 answer:
Andrew [12]3 years ago
7 0

Answer:

$11,158 for 19yrs

Explanation:

See attached file

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Rainbow [258]

Answer:

Airline 2 offers low prices on long-distance flights and has long service times for its planes between flights.

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Low Cost providing strategy is the strategy in which the services are provided at a lower cost and but the quality of service is acceptable, and is in fact good.

Where the price along with quality is decreased the low cost strategy is not followed.

As in the case of Airline 2 the cost is decreased for passengers and at the same time the service is also decreased.

As there is a long gap of time in between the flights.

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