Question: Cabela's Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2015 annual report (in millions). Operating Leases 2016 2017 2018 2019

Cabela's Corp disclosed the following minimum rental commitments under non-cancelable operating

Cabela's Corp disclosed the following minimum rental commitments under non-cancelable operating leases in its 2015 annual report (in millions). Operating Leases 2016 2017 2018 2019 2020 Thereafter Total $24,424 25,245 25,065 24,682 24,087 292,668 $416,171 What is the approximate present value of the minimum lease payments? Assume a discount rate of 6.0% and round the remaining lease term to the nearest whole year

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