A construction company agreed to lease payments of $S61.83 on construction equipment to be made...
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Accounting
A construction company agreed to lease payments of $S61.83 on construction equipment to be made at the end of every three months for 6 years Financing is at 9% compounded quarterly (a) What is the value of the original lease contract? (b) It due to delays, the first 8 payments were deterred, how much money would be needed after payments to bring the lease payments up to date? (c) How much money would be required to pay off the lease after payments? (d) If the lease were paid off after payments, what would the total interest be? (e) How much of the total interest would be due to deferring the first & payments? (a) The value of the original lease contracts 80 (Round the final answnt to the nearest cent as needed. Round ati intermediate values to six decimal places as needed) (6) The company would have to pay $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (c) The company would need so Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal pinoon as pooded) () The Viterest would be so (Round the final answer to the nearest cent as needed Round all intermediate values to ex deomal places as needed) (e) The interest resulting from the deferral is $0 (Round the final answer to the nearest cont as needed. Round an intermediate val to ex decimal places as needed
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