mustafakhalil02
06.11.2019 •
Business
On january 1, garcia supply leased a truck for a three-year period, at which time possession of the truck will revert back to the lessor. annual lease payments are $17,000 due on december 31 of each year, calculated by the lessor using a 5% discount rate. negotiations led to garcia guaranteeing a $47,700 residual value at the end of the lease term. garcia estimates that the residual value after four years will be
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Ответ:
PV=?
N=3
FV= 47,700
PMT= 17,000
I= 5%
Put values in financial calculator
Pv=$87,500
Now use this value to calculate residual value at the end of year 4
PV= 87,500
N=4
Fv=?
PMT= -17,000
I=5
$33,084= residual value in 4 years.
Explanation:
Ответ:
sure. have a good day buddy. I'll always be ur freind