Answer:
Follows are the solution to this question:
Explanation:
Please find the complete question in the attached file:
For the 1st question:
[tex]\ \ (Lease \ term): 20\ years (Jan \ 1 \ 2018 \ - \ Jan \ 1 \ 2038)[/tex]
For the 2nd question:
Assets 72259, before the last payment, differs from the fixed amount of 26000, where it indicates the residual value.
For the 3rd question:
The existing annual rate of interest=[tex]- 12\% \times (\frac{23880}{199001})[/tex]
For the 4th question:
[tex]\to (520000+72259)= 592259[/tex]
For the 5th question:
[tex]\to (20\times 26000)= 520000[/tex]
For the 6th question:
[tex]\to (225001-26000)= 199001[/tex]
For the 7th question:
[tex]\to (592259-225001)= 367258[/tex]
For the 8th question:
[tex]\to (26000\times 8.36578)= 217510[/tex]
