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Help Save Randall Corp. is trying to decide whether to lease or purchase a piece of equipment needed for the next five years. The equipment

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Help Save Randall Corp. is trying to decide whether to lease or purchase a piece of equipment needed for the next five years. The equipment would cost $190,000 to purchase, and maintenance costs would be $100,000 per ye After five years, Randall estimates it could sell the equipment for $120,000. Randall leases the equipment, it would pay $120.000 each year, which would include all maintenance costs. If the hurdle rate for Randall is 12%, Randall should future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Anulty of 51) (Use appropriate factor from the PV tables. Do not round intermediate calculations. Round your Sinal answer to the nearest hundred.) Mutiple Choice buy the equipment, as net present value of cost is about 550.000 less use the equipment, representee of cost is abou$50,000 lease the equipment, as net present of cost about $120.000 less buy the rest of 0.000

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