rxch4024 rxch4024

14-03-2024
Business

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Company R is evaluating a lease that takes effect on July 1. The company must make 10 equal payments, with the first payment due on July 1. Which concept is the most relevant to the evaluation of the lease?

1. Present value of an annuity due
2. Present value of an ordinary annuity
3. Future value of an annuity due
4. Future value of an ordinary annuity

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