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  3. basic lease versus purchase asset cost 15,00

BASIC LEASE VERSUS PURCHASE Asset cost 15,000.00 ...

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Question

Finance

BASIC LEASE VERSUS PURCHASE

Asset cost

15,000.00

Lease payment

4,000.00

Bank rate

10%

Year

Purchase

cashflow

Lease

cashflow

0

15,000.00

4,000.00

1

4,000.00

2

4,000.00

3

4,000.00

Lease or purchase?

Answer & Explanation Solved by verified expert
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