Red Co. recorded a right-of-use asset of $100,000 in a 10-year finance lease. Payments of $16,275 are made annually at the end of each year. The interest rate charged by the lessor and known by Red was 10%. The balance in the lease payable after two years will be:

a) $80,000b) $116,309c) $86,823d) $121,000

c) $86,823

Explanation:

The balance in the lease payable after two years will be: $86,823

enlightenment impacted society by introducing the idea that mankind could use reason to discover the laws of the world and the rights of mankind. these ideals affected all factions of society, from politics to religion.

i guess you could put raise the economic balance