Business, 18.12.2019 03:31 juhavyen

Sheffield corp. maintains its accounting records using ifrs. the company recently signed a lease for a new office building, for a lease period of 9 years. under the lease agreement, a security deposit of $44000 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 8% per year. what amount will the company receive at the time the lease expires?

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