Current Attempt in Progress
Your client, Albert Brown Leasing Company, is preparing a contract to lease a machine to Souvenirs Corporation for a period
of years. Brown has an investment cost of $ in the machine, which has a useful life of years and no salvage value at the
end of that time. Your client is interested in earning an return on its investment and has agreed to accept equal rental
payments at the end of each of the next years.
Click here to view factor tables.
You are requested to provide Brown with the amount of each of the rental payments that will yield an return on investment.
Round factor values to decimal places, eg and final answer to decimal places, eg
Amount of each rental payments $
