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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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