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HealthPlan Northwest must install a new $1.5 million computer to track patient records in its three service areas. It plans to use the computer for
HealthPlan Northwest must install a new $1.5 million computer to track patient records in its three service areas. It plans to use the computer for only three years, at which time a brand new system will be acquired that will handle both billing and patient records. The company can obtain a 10 percent bank loan to buy the computer or it can lease the computer for three years. Assume that the following facts apply to the decision
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