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company is considering the purchase of a fleet of cars for $195,000. it can borrow at 8.5%. the cars will be used for four years.

company is considering the purchase of a fleet of cars for $195,000. it can borrow at 8.5%. the cars will be used for four years. at the end of four years they will be worthless. the corporate tax rate is 34%. the cars belong in cca class 10 (a 30% class). what is the break-even lease payment?

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