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T3 EIC 1 (Lecture) A residential lease starting today, requires monthly paymen...

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T3 EIC 1 (Lecture)

A residential lease starting today, requires monthly payments of $600 in advance and has a term of half a year. 

A discount rate of 6% p.a. applies. Using monthly payments, which of the following variable sets is correct to calculate Present Value, today?

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