Firm needs 40000 useful life of machine is 5 years can
Firm needs $40,000. Useful life of machine is 5 years. Can lease machine for 10,000 per year at interest rate of 7.8% compounded annually or borrow 40,000 at interest rate of 7.8% compounded annually. Which is cheaper?
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assume that your company considering installing a new computer system that could reduce labor costs by 25000 each year
firm needs 40000 useful life of machine is 5 years can lease machine for 10000 per year at interest rate of 78
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