A firm needs new copy machine you can purchase a new one, Financial Management

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A firm needs new copy machine you can purchase a new one

A firm needs new copy machine. You can purchase a new one for? $30000, or you can lease one for three years for a monthly lease payment of? $800 (paid at the end of each? month). You can borrow money at ?5% APR with quarterly compounding. Do you prefer to lease or buy the machine?(Explain).

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Financial Management: A firm needs new copy machine you can purchase a new one

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Financial Management: A firm needs new copy machine you can purchase a new one

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