November 29, 2015

Homework Help: Finance

Posted by Dale on Monday, July 19, 2010 at 3:28pm.

You need to buy 20 computers for your business. You have the option of leasing the equipment for four years at $5,000 per year or buying the equipment at $1,000 per unit. Calculate the total cost for both options. What is the best option and why?

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