Question: Stred Help Save & Exit Submit Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The

 Stred Help Save & Exit Submit Benning Manufacturing Company is negotiating
with a customer for the lease of a large machine manufactured by

Stred Help Save & Exit Submit Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machine has a cash price of $760,000. Benning wants to be reimbursed for financing the machine at a 12% annual interest rate over the five-year lease term. (EV of S1. PV of $1. EVA of S1. PVA of S1. EVAD of S1 and PVAD of 5.1 (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the required lease payment if the lease agreement calls for 10 equal semiannual payments beginning six months from the date of the agreement 2. Determine the required lease payment of the lease agreement calls for 20 equal quarterly payments beginning immediately 3. Determine the required lease payment of the lease agreement calls for 60 equal monthly payments beginning one month from the date of the agreement. The present value of an ordinary annuity factor for n= 60 and 1=1% is 44.9550. Complete this question by entering your answers in the tabs below. Required 1 Recured toies provided.) Help Save & Exit Submit B. Required: 1. Determine the required lease payment of the lease agreement calls for 10 equal semiannual payments beginning six months from the date of the agreement. 2. Determine the required lease payment of the lease agreement calls for 20 equal quarterly payments beginning immediately 3. Determine the required lease payment if the lease agreement calls for 60 equal monthly payments beginning one month from the date of the agreement. The present value of an ordinary annuity factor for n= 60 and = 15 is 449550. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Determine the required lease payment if the lease agreement calls for 10 equal semiannual payments beginning six months from the date of the agreement. (Round your final answers to nearest whole dollar amount.) Table or calculator function Present Value Lease payment

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