Branson Company deposited $5,800 in an account paying 2.5% annual interest. Helvetica Corporation is interested in leasing a piece of machinery that has a fair value of $150,000. The market rate for financing is 8% and Helvetica plans to lease the machinery for the next five years. Calculate the quarterly lease payments. 

$37,569 

$9,174 

$31.824 

$15,278

Answer rating: 100% (QA)

Answer 9174 Calculatio... View the full answer