What will they choose for the lease payment amount


Calculon Inc. owns an asset with a fair value of $80,110. They expect that the asset will have a residual value of $35,000 at the end of the 5-year lease. Assume lease payments are at the beginning of each year. If they structure the lease to earn a return of 10% what will they choose for the lease payment amount?

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Accounting Basics: What will they choose for the lease payment amount
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