Capitalized lease value Given the lease payment, term remaining until the lease expires, and the discount rate shown in the following table, calculate the capitalized value of the lease, assuming that the lease payment is made annually at the end of each year. Lease payment Remaining term Discount rate $64,000 14 years 11%

Capitalized lease value Given the lease payment, term remaining until the lease expires, and the discount rate shown in the following table, calculate the capitalized value of the lease, assuming that the lease payment is made annually at the end of each year. Lease payment Remaining term Discount rate $64,000 14 years 11%