You need a particular piece of equipment for your production process. An? equipment-leasing company has offered...

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You need a particular piece of equipment for your productionprocess. An? equipment-leasing company has offered to lease theequipment to you for $ 10,000 per year if you sign a guaranteed5?-year lease? (the lease is paid at the end of each? year). Thecompany would also maintain the equipment for you as part of thelease.? Alternatively, you could buy and maintain the equipmentyourself. The cash flows from doing so are listed below? (theequipment has an economic life of 5 ?years). If your discount rateis 7.1 %?, what should you? do?
year 0 year 1 year 2 year 3 year 4 year 5
-39,200 -2,100 -2,100 -2,100 -2,100 -2,100
The net present value of the leasing alternative is ?$ nothing.?(Round to the nearest? dollar.)

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You need a particular piece of equipment for your productionprocess. An? equipment-leasing company has offered to lease theequipment to you for $ 10,000 per year if you sign a guaranteed5?-year lease? (the lease is paid at the end of each? year). Thecompany would also maintain the equipment for you as part of thelease.? Alternatively, you could buy and maintain the equipmentyourself. The cash flows from doing so are listed below? (theequipment has an economic life of 5 ?years). If your discount rateis 7.1 %?, what should you? do?year 0year 1year 2year 3year 4year 5-39,200-2,100-2,100-2,100-2,100-2,100The net present value of the leasing alternative is ?$ nothing.?(Round to the nearest? dollar.)

year 0	year 1	year 2	year 3	year 4	year 5
-39,200	-2,100	-2,100	-2,100	-2,100	-2,100