Payments on a six-year lease valued at $42,650 are to be made at the beginning of every year. If interest is 96% compoun
Posted: Mon Jul 11, 2022 12:45 pm
Payments on a six-year lease valued at $42,650 are to be made at the beginning of every year. If interest is 96% compounded annually, what is the size of the annual payments? The size of the annual payments is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)