Question: Current Attempt in Progress CVS leases a building for 2 0 years. The lease requires 2 0 annual payments of $ 1 0 , 0

Current Attempt in Progress CVS leases a building for 20 years.

Current Attempt in Progress
CVS leases a building for 20 years. The lease requires 20 annual payments of $10,000 each, with the first payment due immediately. The interest rate in the lease is 10%. What is the present value of the cost of leasing the building? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g.52.75.)
Click here to view the factor table.
Present value
$
The lease requires 20 annual payments of $10,000 each, with the first

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