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Chap 01 - Assignment Exercise 1-1 (Word) A cost of leasing table is reproduced below. Required: Using the appropriate table from the Chapter 12 Appendix,
Chap 01 - Assignment Exercise 1-1 (Word)
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)
| (11,000)
|
Present value factor (at 6%) | ||||||
Present value answer = | ||||||
Present value cost of leasing + |
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