Consider a 7 ?-year lease for a $ 150,000 bottling? machine, with a residual market...

70.2K

Verified Solution

Question

Finance

Consider a 7 ?-year lease for a $ 150,000 bottling? machine, with a residual market value of $ 37,500 at the end of 7 years. If the? risk-free interest rate is 6.2 % APR with monthly? compounding, compute the monthly lease payment in a perfect market for the following? leases:

a. A fair market value lease.

what is the present value of the lease payment? round to nearest dollar

A fair market value lease would be what ? round to nearest dollar

b. A $ 1.00 out lease.

A one dollar lease would be what? round to nearest dollar

c. A fixed price lease with an $ 25,000 final price

what is The present value of the lease? round to the nearest dollar

what would a fixed price lease with a $25,000 final price be ? round to nearest dollar

.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students