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Question(s) / Instruction(s):

A company leases equipment with a fair market value (fmv) of $250,000, an economic life of six years, and no residual value. The term of the lease is six years and should return a yield of 6%. 
6% Tables Present Value PV Annuity Due
Year 4 .79209 3.67301
Year 5 .74726 4.46511
Year 6 .70496 5.21236

What is the amount of the lease payment per year (using the table above) assuming payments are made the beginning of each year? 

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