Fundamental Fitness recently leased a new location. The company will have to pay an annual lease fee
Fantastic news! We've Found the answer you've been seeking!
Question:
Fundamental Fitness recently leased a new location. The company will have to pay an annual lease fee of $342,000 at the beginning of each year for the next 8 years. The discount rate is currently 8.31%. What is the present value of this lease contract?
Answer is 2,103,855.53 can you tell me how to get that
Related Book For
Posted Date: