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Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the...

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Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent of $19.000 per month for the next 5 years with the first payment due today. If the APR is 8.04 percent compounded monthly, what is the value of the payments today? Multiple Choice $909,378.97 39363660 $982.49304 5942.438.44 5856,762.22

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