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Company QRS is considering whether to lease or purchase new equipment for its manufacturing operations. The lease option requires monthly payments of $10,000, while purchasing

Company QRS is considering whether to lease or purchase new equipment for its manufacturing operations. The lease option requires monthly payments of $10,000, while purchasing the equipment would require an upfront investment of $200,000 and annual maintenance costs of $20,000. Analyze and compare the total costs over a five-year period for both options and recommend the most cost-effective option for the company, providing detailed reasoning.

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