LOR Leased a Computer to LES Which Cost the Lessor

question 2

Multiple Choice

LOR leased a computer to LES which cost the lessor $8,000.The terms of the lease specify four years, an annual interest rate of 15 percent, and four year-end rental payments.The lease qualifies as a finance lease (direct financing) .The lessor will get the computer after the fourth year and its residual value at that time is estimated to be $1,000.The amount of each rental payment is (round to the nearest dollar) :

• A)$2,000
• B)$2,501
• C)$2,602
• D)$2,335

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Definitions:

Civil Rights Policy

Civil rights policy encompasses the laws, regulations, and government actions designed to protect individuals from discrimination and ensure equal opportunity regardless of race, gender, disability, religion, or other characteristics.

Bullying

Intentional, repeated aggressive behavior or harassment towards an individual or group, often involving an imbalance of power.

Disabilities

Impairments that may be cognitive, developmental, intellectual, mental, physical, sensory, or a combination of various types, affecting an individual's daily life and activities.

Policy Assessment Matrix

A tool utilized to evaluate and analyze the effectiveness or impact of a policy through a systematic framework.