Question: I leased a computer worth $2,000 for 1 year with a fixed price lease of $1,000 and payments equal to $100 per month. 1. What

I leased a computer worth $2,000 for 1 year with a fixed price lease of $1,000 and payments equal to $100 per month.

1. What type of lease is it?

a. Capital

b. Operating

2. What type of lease is it?

a. Non-Tax

b. True-Tax

3. What type of lease is it?

a. True Lease

b. Security interest

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