Question: Figure 1. Figure 1 is an excerpt from the class slides. Assuming a lease contract rate of 8%, what are the numbers in the 12/31/12

Figure 1.

Figure 1 is an excerpt from the class slides. Assuming a lease contract rate of 8%, what are the numbers in the 12/31/12 row in cells A and B?

Select one:

a. A: $230,000 x 8% = $18,400. B: $69,846 $18,400 = $51,446

b. A: $180,000 x 8% = $14,440. B: $69,846 $14,400 = $55,446

c. A: $180,000 $69,846 = $110,154. B: $110,154 - $69,846 = $40,308

d. A: $69,846 x 8% = $5,587.68. B: $69,846 $5,587.68 = $64.258.32

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