A ten year contract at 10% interest per year for new computers was signed. There are no payments for the first 2 years then $2,000 for each year thereafter till the end of the contract.    Calculate the Present Worth Method PT =   Calculate the Future Worth Method F

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Leasing

Leasing is a contractual arrangement in which someone (a lessee) pays the owner (or lessor) of a building, land, vehicle, or other asset for the use of that asset. The lease is the agreement between lessee and lessor.