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Help Seve Foster Inc is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. The equipment

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Help Seve Foster Inc is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. The equipment would cost $45,000 to purchase and maintenance costs would be $5,000 per year. After ten years, Foster estimates it could sell the equipment for $20,000. If Foster leases the equipment, it would pay $12.000 each year, which would include all maintenance costs. If the hurdle rate for Foster is 10%. Foster should (Future Value of $1. Present Value of 51. Future Value Annuity of $1. Present Value Annuity of $1. (Use appropriate factor from the PV tables. Do not round intermediate calculations. Round your final answer to the nearest hundred.) Multiple Choice buy the equipment, not presente costs about $45000 ease the equipment, as not present wel of cost is about $5.700 less the mentas netre value of cost is about $2.000 buy the equipment presentee of cost is about $5.700

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