Question 17 AAPL Leasing acquiras equipment and leasers it to customers under long-term...
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AAPL Leasing acquiras equipment and leasers it to customers under longterm salestype leases. AAPL aarns interest uncler thase arrangements at a annual rate. AAPL purcliased a machine and then leased it for $ under an arrangement that specified arintul payments to be received for five years, Deginning ar the commencemrent of the lease. The lessec tiad the option to purcliase the mactilne at the end of the lease terin for $ when if was expected to have a residual value of $
What is the amount or the annual lease paryments? Do not round intermecliate calculatatiors. Round your onswer to nesrest whole dollar amount.
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