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4 polnts Afirm can lease a truck for 8 years at a cost of $31,000 annuallyit can instead buy a truck at a cost of
4 polnts Afirm can lease a truck for 8 years at a cost of $31,000 annuallyit can instead buy a truck at a cost of $78,000, with annual maintenance expenses of $12,000. The truck will be sold at the end of B years for $16,000. The discount rate is 6%. Which is the effective annual annulty (EAA) of buying the truck? 29827.522944.23+31000142478.93
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