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Business, 16.10.2020 15:01 samiksaRS

leased the asset on a 2-year lease, the payment would be $110 at the begin- ning of each year. If RC borrowed and bought, the bank would charge 10% interest on the loan. In either case, the equipment is worth nothing after 2 years and will be discarded. Should RC lease or buy the equipment?

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leased the asset on a 2-year lease, the payment would be $110 at the begin- ning of each year. If RC...
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