What is the effective rate the lease is payable in three
At the beginning of 2016, VHF Industries acquired a machine with a fair value of $6,465,810 by signing a three-year lease. The lease is payable in three annual payments of $2.6 million at the end of each year.
What is the effective rate
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at the beginning of 2016 vhf industries acquired a machine with a fair value of 6465810 by signing a three-year lease
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