Solution-Calculate amount that company reveive at the time

Calculate amount that company reveive at the time of expires

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Oriole Company maintains its accounting records using IFRS. The company recently signed a lease for a new office building, for a lease period of 10 years. Under the lease agreement, a security deposit of $33000 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 10% per year. What amount will the company receive at the time the lease expires?

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Calculate amount that company reveive at the time of expires : Oriole Company maintains its accounting records using IFRS. The company recently signed a lease for a new office building, for a lease period of 10 years.

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Calculate amount that company reveive at the time of expires

Reference no: EM132344355

Reference no: EM132344355

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Cost Accounting Questions & Answers

Cost accounting assignment

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