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A cost of leasing table is reproduced below. Required: Using the appropriate table from the Chapter 12 Appendix, record the present value factor at 6%
A cost of leasing table is reproduced below.
Required:
Using the appropriate table from the Chapter 12 Appendix, record the present value factor at 6% for each year and compute the present value cost of leasing.
Cost of Leasing- Suburban Clinic -Comparative Present Value Not-For-Profit Cost of Leasing: | Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
Net Cash Flow | (11,000) | (11,000) | (11,000) | (11,000) | (11,000) | --- |
Present value factor (at 6%) | ||||||
Present value answer = | ||||||
Present value cost of leasing = |
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