Calculate the amount that would have been used if the, Accounting Basics

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Calculate the amount that would have been used if the

Millions

2014 $930.9

2015 $884.5

2016 $831.2

2017 $777.0

2018 $725.9

Total $6,358.8

Total minimum payments $10,508.3

Calculate the amount that would have been used if the operating leases were treated like capital leases, calculate present value. You may assume that ten percent discount rate applies and the line titled "total" occurs evenly at a ten year period after 2018.

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