Find answers to your questions faster and easier with IDNLearn.com. Discover the information you need from our experienced professionals who provide accurate and reliable answers to all your questions.

A leased out a plant to B on following terms:
Down Payment RM10,000
Annual Payments (at end of year) RM20,000
Lease Term = 5 years
Interest rate implicit in the lease 10% per annum
Residual value guaranteed by B =RM10,000
Estimated residual value at end of lease term RM15,000
When the annual discount rate is 10%, the present value of RM1 annuity payable at the end of years 1–5 is 3.791. The PV of single ringgit at year end in year 5 is0.621.

Calculate lease receivable amount for lessor, A.


Sagot :

Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! IDNLearn.com has the answers you need. Thank you for visiting, and we look forward to helping you again soon.