What is the current value of an apartment

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Reference no: EM131795600

Question: What is the present value (i.e. its current value) of a 12 month apartment lease with the first monthly payment made immediately. The monthly payment is $524. The lease is evaluated at an annual interest rate of 3 percent? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131795600

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