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Guelph Manufacturing have experienced the breakdown of an important asset used in their production line. They have the ability to lease a similar asset for

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Guelph Manufacturing have experienced the breakdown of an important asset used in their production line. They have the ability to lease a similar asset for the next seven years. They will need to pay $7500 today and another $2500 per year in 2022 dollars for the duration of the lease. What is the value of the lease today if their MARR is 10% and inflation is 4% ? Guelph Manufacturing have experienced the breakdown of an important asset used in their production line. They have the ability to lease a similar asset for the next seven years. They will need to pay $7500 today and another $2500 per year in 2022 dollars for the duration of the lease. What is the value of the lease today if their MARR is 10% and inflation is 4%

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