41. If you need $100,000 12 years from now and can earn 6% per year every year over the 12 years, what fixed annual amount would you need to deposit at the end of each year beginning this year to achieve your objective?

42- If annual interest rates are 12%, which would be the best deal?

a. Purchase a piece of equipment outright for $1,235,000

b. Lease it for 60 months, paying $25,500 at the end of each month

c. Lease it for 48 months, paying $32,000 at the end of each month

d. Lease it for 36 months, paying $37,000 at the beginning of each month