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What will be total interest received over the life of lease

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Reference no: EM132506098

Question 1: Ajax Capital has determined the amount to be amortized on an extruder is $540,000. If the required rate of return is 14%, what will be the total interest received over the life of the lease given that lease payments will be made at the beginning of each of the 7 years of the lease agreement? Assume a marginal tax rate of 40%.

Reference no: EM132506098

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