Sutton corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a five-year, $6,000,000 bank loan to finance service equipment. the loan has an interest rate of 10 percent and would be amortized over five years, with five end-of-year payments. sutton can also lease the equipment for five end-of-year payments of $1,790,000 each. how much larger or smaller is the bank loan payment than the lease payment?

With reference to the solutions, following things may be noted1) homogeneous solutions comprises of single phase.2) heterogeneous solution comprises of more than one phase.3) in colloidal solution, solute is evenly distributed in solvent. in such system, it is difficult to separate solute and solvent.4) in suspension, there is an uneven distribution of solute in solvent. in such system, solute and solvent gets separated on standing long.    blood is a homogeneous and colloidal solution,salad dressing is a heterogeneous and suspension solution.