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Home Q & A Board Science-Related Homework Help Mathematics
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briemert2013 briemert2013
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A year 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
Authors:
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moraamoraa
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A year ago
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briemert2013 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ezsancheezy
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Yesterday
Good timing, thanks!
jayfo05
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2 hours ago
Thanks for your help!!
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