Question: provide detail calculation for each questions ( a , b , c , d , e ) Yankee Construction agreed to lease payments of $
provide detail calculation for each questions abcde Yankee Construction agreed to lease payments of $ on construction equipment to be made at the end of each month for six years. Financing is at compounded monthly a What is the value of the original lease contract? b If due to delays, the first eight payments were deferred, how much money would be needed after nine months to bring the lease payments up to date? c How much money would be required to pay off the lease after nine months? d If the lease were paid off after nine months, what would the total interest be e How much of the total interest would be due to deferring the first eight payments?
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