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Afirm can lease a truck for 9 years at a cost ol $37,000 annually, It can instead buy a truck at a cost of $62,000,

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Afirm can lease a truck for 9 years at a cost ol $37,000 annually, It can instead buy a truck at a cost of $62,000, with annual maintenance expenses of $8,000. The truck wili be sold at the end of 9 years for $21,000. The discount rate is 5.6%. Which is the effective annial annuity (EAA) of buying the truck? (537,000,00) (519,62923) (\$15,099.41) ($104,513,44)

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