subject
Physics, 25.02.2020 21:55 PLEASEHELP4528

Your landscaping company can lease a truck for $8,000 a year (paid at year-end) for 6 years. It can instead buy the truck for $40,000. The truck will be valueless after 6 years. The interest rate your company can earn on its funds is 7%.

What is the cost of leasing? Is it cheaper to buy or lease?

What if the lease payments are an annuity due, so the first payment comes immediately? Is it cheaper to buy or lease?

ansver
Answers: 3

Other questions on the subject: Physics

image
Physics, 22.06.2019 14:30, krlx
Aracecar driver has to hold on tightly when going around a banked curve. approximately what is the centripetal force on a 2220.0 kg car going around a circle with a diameter of 190.0 meters at 25.0 m/s?
Answers: 1
image
Physics, 22.06.2019 15:30, ayoismeisalex
What is a view of science and psychology that says the value of knowledge depends on its usefulness? a. pragmatism b. psychotherapy c. physiology
Answers: 2
image
Physics, 22.06.2019 22:00, crystalclear99
Agirl throws a ball. if the ball's acceleration is 12 m/sec/sec and its mass is 0.5 kg, how much force did the girl apply to the ball?
Answers: 1
image
Physics, 23.06.2019 08:00, colin5514
According to piaget’s stages of cognitive development, the child does not differentiate between self and other objects. the child repeats rewarding activities, discovers new ways to get what he or she wants, and may have imaginary friends. which period is described?
Answers: 1
You know the right answer?
Your landscaping company can lease a truck for $8,000 a year (paid at year-end) for 6 years. It can...

Questions in other subjects:

Konu
Mathematics, 12.11.2020 01:40
Konu
Mathematics, 12.11.2020 01:40