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A firm can lease a truck for 5 years at a cost of $45,000annually. It can instead buy a truck at a cost of $95,000,

A firm can lease a truck for 5 years at a cost of $45,000annually. It can instead buy a truck at a cost of $95,000, withannual maintenance expenses of $25,000. The truck will be sold atthe end of 5 2 answers

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