operating lease value

If it doesn’t say, do we use beginning or end payments?

In real life it’s probably more common to have beginning-of-period payments.

On the exam, I’m sure that they’ll tell you.

Thanks. I remember a problem having beginning values so I did the mock with that. They used ending value so I’m confused

Shame on the authors of the mock if they didn’t tell you; that’s their fault, not yours.