Which of the following fundamental archetypes of leadership is most likely to take risks and action in a crisis? a. The Visionar
1 answer:
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Answer:
equal annual payment = $175820.87
Explanation:
given data
equipment cost = $480,000
time = 5 year
down payment = 10 %
selling price equipment = $780,000
rate implicit lease = 8%
to find out
what are the equal annual payments
solution
we get here first down payment that is
down payment = 10% of $780,000
down payment = $78000
and
lease liability at inception = $780,000 -$78000
lease liability at inception = $702,000
now we get equal annual payment that find by dividing by lease liability by present value interest factor
here present value interest factor is for 8% and 5 year is = 3.9927
so equal annual payment =
equal annual payment = $175820.87