Your friend Harold is trying to decide whether to buy or lease his next vehicle. He...

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Your friend Harold is trying to decide whether to buy or lease his next vehicle. He has gathered information about each optio

business accounting

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Answer 1

Answer #1

Cost of purchase 1-$ 31,000.00 Present value of maintenance cost to be paid over 5 years ($950 x PVA of $1 for 5 years at 10%

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Answer 2

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