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1. A Project manager of a construction project with a time line of 24 months is trying to decide the feasible alternative of buying a
1. A Project manager of a construction project with a time line of 24 months is trying to decide the feasible alternative of buying a machine that cost $110,000 besides $900/ month to maintain or leasing that machine with $3500 / month and $25000 down payment. Which alternative should he use and how many months that machine should operate to be a feasible buying choice? a. Lease, 31 months b. Lease, 20 months c. Lease, 24 months d. Buy it
Please help me in solving this question with how you solved. Please show calculation.
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