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Evaluate the integral.
Incremental Borrowing Rate
The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments.
Implicit Interest Rate
The rate of interest implied in the lease payments or in other financial arrangements, not explicitly stated.
Residual Value
The estimated value of an asset at the end of its lease term or useful life.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in an even manner.
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