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Lane CoHas a Machine That Cost $200,000

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Lane Co.has a machine that cost $200,000.It is to be leased for 20 years with rent received at the beginning of each year.Lane wants a return of 10%.Calculate the amount of the annual rent. Lane Co.has a machine that cost $200,000.It is to be leased for 20 years with rent received at the beginning of each year.Lane wants a return of 10%.Calculate the amount of the annual rent.   A) $21,356 B) $23,909 C) $29,728 D) $23,492


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