Question: Arnold leased a new computer. The lease contract called for payments of $78 per month for 2 years. Using a discount rate of j12=3.6%, compute

Arnold leased a new computer. The lease contract called for payments of $78 per month for 2 years. Using a discount rate of j12=3.6%, compute the original price of the computer. Remember, lease payments are at the beginning of each period

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