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cost of assets 25000 use ful life 4 year salvage value 5000 MOD SLM rate of interest 11% tax rate 50% annual lease rentals 7000

cost of assets 25000
use ful life 4 year
salvage value 5000
MOD SLM
rate of interest 11%
tax rate 50%
annual lease rentals 7000
cost of capital 13%
PVAFnr 3.102
installment amount = Loan amount / PVAFnr
which one is batter lease or purchase financing

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