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AL Nawras is a delivery company needs 20 cars for its employees. The company has two choices 1. Purchase the cars 2. Lease the cars

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AL Nawras is a delivery company needs 20 cars for its employees. The company has two choices 1. Purchase the cars 2. Lease the cars Cost of borrowing 107 Purchase : price : 120000 nis : License: 1500 nis yearly Maintenance:1200 nis Time:5 Expected selling price 70000 Leasing yearly lease 25000 nis (start paying from next year - for 5 years License cost 1500 : ns which offer should the company choose. 2

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