Question: Current Attempt in Progress Blue Co. has a machine that cost $8 30000. It is to be leased for 20 years with rent received at

Current Attempt in Progress Blue Co. has a machine that cost $8 30000. It is to be leased for 20 years with rent received at the beginning of each year. Blue wants a return of 9% Calculate the amount of the annual rent Periods Present Value of Ordinary Annuity 19 8.95011 20 9.12855 21 9.29224 $148098 $92735 590924 $83416 SforLater Attempts: 0 of 1 used Submit

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