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> Consider the example in this deck with the following criteria: o Cost of Equipment: $1M ? O Annual Maintenance: $20K o Residual Value at

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> Consider the example in this deck with the following criteria: o Cost of Equipment: $1M ? O Annual Maintenance: $20K o Residual Value at Y4: $200K o Term of the Lease Agreement: 2 4 years o Discount Rate: 6% O CCA Depreciation Rate: 30% of remaining amount annually Assume that the lease amount is fixed over four years > Using Solver, determine the minimum lease amount that the lessor should accept

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