Ivanhoe Co. has machinery that cost $100,000. It is to be leased for 15 years...
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Ivanhoe Co. has machinery that cost $100,000. It is to be leased for 15 years with rent received at the beginning of each year. Ivanhoe wants a return of 9% Click here to view factor tables Compute the amount of the annual rent (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Annual rent $
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