A tenant offers to sign a lease paying a rent of $2,500 per month for 10 years (120 months). At 0.75% of monthly interest rate,

Published on December 2017 | Categories: Government & Politics | Downloads: 51 | Comments: 0 | Views: 248
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A tenant offers to sign a lease paying a rent of $2,500 per month for 10 years (120 months). At 0.75% of monthly interest rate, what is the present value of this lease? a)$188,354.23 b)$197,354.23 c)$153,384.91 d)$155,384.91

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A tenant offers to sign a lease paying a rent of $2,500 per month for 10 years (120 months). At 0.75% of monthly interest rate, what is the present value of this lease? a)$188,354.23 b)$197,354.23 c)$153,384.91 d)$155,384.91

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