Question: EE Test Content Question 1 Marwa Co. enters into a lease agreement to lease out buildings, assume The lease term is 4 years. Annual

EE Test Content Question 1 Marwa Co. enters into a lease agreement

EE Test Content Question 1 Marwa Co. enters into a lease agreement to lease out buildings, assume The lease term is 4 years. Annual lease rental of $40,000 at the end of each year. The rate of interest is 4%. Required: Calculate the present value of the minimum capital lease payment? Important Notes: Show all calculations: Round the amount to the nearest enter to formic 3 Points

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