Find the Indicated Sum $\sum _ { i = 4 } ^ { 7 } 8 i$

question 65

Multiple Choice

Find the indicated sum.
- $\sum _ { i = 4 } ^ { 7 } 8 i$

• A) 176
• B) 120
• C) 88
• D) 56

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Definitions:

Financial Lease

A type of lease where the lessee essentially rents an asset for most of its useful life and the lease terms closely resemble the conditions of outright ownership.

Long-term

Refers to an extended period of time, typically over one year, used in the context of investments, loans, or planning, indicating a focus on future benefits rather than immediate outcomes.

Maintenance

The tasks and actions taken to preserve or restore equipment, systems, or structures to an operational condition or to prevent failure.

Tax-oriented Lease

A leasing arrangement designed primarily to exploit tax advantages, often allowing the lessee to deduct lease payments as business expenses.