Solve
- $$\begin{array} { c } 7 x + 7 y + z = 1 \\x + 8 y + 8 z = 8 \\9 x + y + 9 z = 9\end{array}$$

question 22

Multiple Choice

Solve.
- $$\begin{array} { c } 7 x + 7 y + z = 1 \\x + 8 y + 8 z = 8 \\9 x + y + 9 z = 9\end{array}$$

• A) \(( 0,1,0 )\)
• B) \(( 1 , - 1,1 )\)
• C) \(( - 1,1,1 )\)
• D) \(( 0,0,1 )\)

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Definitions:

Implicit Interest Rate

The interest rate implied in the lease payments of a leasing agreement, used in lease accounting to determine lease liabilities and right-of-use assets.

Residual Guarantee

A guarantee made by the seller to the buyer that the value of an asset will at least be equal to a specified amount at the end of a lease term.

Lease Payment

Regular payments made by a lessee to a lessor for the use of an asset for a specified period as outlined in a lease agreement.

Lease Payment

Payments made by a lessee to a lessor for the use of a leased asset, typically defined in the lease agreement and paid over the lease term.