marco has purchased a boat for $800,000, and is planning to lease it for 20 years. annual lease payments will be required at the end of each year. if marco needs to earn a return of 10%, then the annual rent will be

Respuesta :

If Marco needs to earn a return of 10%, then the annual rent will be $93,968.

Lease payments are normal, frequently month to month, charges paid for the option to utilize a property, resource, or piece of hardware.

People might go into lease arrangements for land, vehicles, PC gear, programming, or other fixed assets.

The terms and payment plan for a leased thing or property are many times set out in a lawful agreement.

Time tables for lease arrangements might be short. as in month-to-month plans, or long, as is oftentimes the situation inside land-lease situations, which might have contracts enduring a long period or more.

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