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In an Eight-Year Finance Lease, the Portion of the Annual

Question 193

Multiple Choice

In an eight-year finance lease, the portion of the annual lease payment that represents interest in the lease's third year payment is:


A) The same as in the fourth year.
B) The same as in the first year.
C) Less than in the second year.
D) More than in the second year

Correct Answer:

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