Annuity Value. Your landscaping company can lease a truck for $8,000 a year (paid at yearend)
for 6 years. It can instead buy the truck for $40,000. The truck will be valueless after 6
years. If the interest rate your company can earn on its funds is 7 percent, is it cheaper to buy
or lease?
Annuity Value.
No comments:
Post a Comment