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briemert2013 briemert2013
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11 months ago
The Red River Book Store accountant set up a long-term lease liability of $5,245 to recognize a new contract for the lease of new shelving. They used the firm's 4.5% monthly compounded cost of borrowing as the discount rate. If the lease payment at the beginning of each month is $300.75, what is the term of the lease?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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moraamoraa
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briemert2013 Author
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11 months ago
Thank you, thank you, thank you!
DAGINC
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Yesterday
Thanks
emilyas19
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2 hours ago
this is exactly what I needed
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