Jack Sawyer is presently leasing a copier from John Office Equipment Company. The lease requires 11 annual payments of 4500 at the end of each year and provides the leaser (John) with an 8% return on

Jack Sawyer is presently leasing a copier from John Office Equipment Company. The lease requires 11 annual payments of 4500 at the end of each year and provides the leaser (John) with an 8% return on its investment. You may

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