Question: plz solve both i will upvote u Question 20 [5 points] Martin Accounting Inc. leases its office and computer equipment. One year ago, it signed
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plz solve both i will upvote u
Question 20 [5 points] Martin Accounting Inc. leases its office and computer equipment. One year ago, it signed a four-year lease requiring semi-annual payments of $34,550. Financing the equipment would have required a bank loan at 7.50% compounded monthly. What is the current amount of the lease liability? For full marks your answer(s) should be rounded to the nearest cent. Liability = $ 0.00 No Time Limit SUBMIT AND MARK SAVE AND CLOSE Question 19 (5 points] Raisel buys a new pickup truck on a 72-month lease at 3.25% compounded annually with $3,400 down. If her monthly payments are $578.41 and the residual value is $6,810, what was the purchase price of the truck? For full marks your answer(s) should be rounded to the nearest cent. Price = $ 0.00 No Time Limit SUBMIT AND MARK SAVE AND CLOSE
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