Capital Leasing leases commercial kitchen equipment to restaurants, hotels, hospitals, and other institutions. Capital Leasing calculates the payments on its four year leases so that it recovers the purchase price of the equipment plus a return on investment of 16% compounded annually over the term of the lease. What will be the required lease payments at the beginning of each quarter on equipment purchased by Capital for $57,000?

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The Answer of Capital Leasing leases commercial kitchen equipment to restaurants, hotels, hospitals, and other institutions. Capital Leasing calculates the payments on its four year leases so that it recovers the purchase price of the equipment plus a return on investment of 16% compounded annually over the term of the lease. What will be the required lease payments at the beginning of each quarter on equipment purchased by Capital for $57,000?

Capital Leasing Leases Commercial Kitchen Equipment to Restaurants, Hotels, Hospitals