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Dwayne Wade Company recently signed a lease for a new offi ce building, for a...

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Accounting

Dwayne Wade Company recently signed a lease for a new offi ce building, for a lease period of 10 years. Under the lease agreement, a security deposit of $12,000 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. What amount will the company receive at the time the lease expires

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