This is also the salvage value if the system was purchased
A $2500 computer system can be leased for $79 per month for 3 years. After 3 years, it can be purchased for $750. This is also the salvage value if the system was purchased originally. What is the effective annual rate for leasing the computer?
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a 2500 computer system can be leased for 79 per month for 3 years after 3 years it can be purchased for 750 this is
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