in detail please

Year 4 Year 5 2,500 5,000 n/a 2 3 STEP 1 4 Cost of Owning- Anywhere Clinic - Comparative Present Value 5 Hints Year 0 Year 1 Year 2 Year 3 Net Cash A 6 48,750 Flow 2,500 2,500 2,500 Present value 7 factor at 10% B (page 141 in 8 the eText) Present Value 9 =AXB for Each Year -48,750 10 11 Present value cost of owning - INSERT ANSWER HERE (the sum of all the yellow boxes) 12 13 STEP 2 14 Cost of Leasing- Anywhere Clinic - Comparative Present Value 15 16 Hints Year 0 Year 2 Year 3 Net Cash 17 -8,250 -8.250 -8,250 -8,250 Present value 18 factor at 10% B n/a (page 141 in 19 the eText) Present Value 20 -AXB -8,250 for Each Year 21 22 Present value cost of leasing - INSERT ANSWER HERE (the sum of all the yellow boxes) 23 24 STEP 3 25 Determine the difference between the cost of owning and the cost of leasing at 10%. 26 (cost of owning - cost of leasing) - INSERT ANSWER HERE 27 At 10%, is it better to own or case? INSERT ANSWER HERE 28 Year Year 4 Years Flow -8,250 n/a n/a n/a ha 33 Cost of Onning- Anywhere Clinic - Comparative Present Value 34 Hints Year Year! Year 2 Year Year 4 Years Na Cash 35 -48,7501 2,500 Flow 2,500 2,500 2,500 5,000 Present value 36 factor at 6% 3 wa page 141 in 37 the eText) PresentValue 38 -AXB 48,750 for Each Yo 39 40 Present value cost of owning = INSERT ANSWER HERE the sum of all the yellow boxes) 41 42 STEPS 43 Cost of Leasing Anywhere Clinic - Comparative Present Value 44 45 Hints Year Yes Year 2 Your Year 4 Years Net Cah 46 A -8,250 -8,250 Flow -8,250 -8.250 -8,250 wa Present value 47 factor 6% B n/a Page 141 in 48 the etat) Present Value 49 -AXB for Each Your -3.250 WA 50 51 Priset value cost of losing - INSERT ANSWER HERE Qhe sum of all the yellow boxes) 52 53 54 Template for Assignment Exercise 21-1 Comparison of Lease vs. Own 55 56 STEPE 57 Determine the difference between the cost of owning and the cost of louing at 66 58 (cost of owning cost of lanting) - INSERT ANSWER HERE 59 A 0% i it better to own or us? INSERT ANSWER HERE 60 61 STEP 62 Explain why www to Stand Stop are difforme. Der man that your destion about whether to lure or buy is made by the Interest rate 63 64 na CE Sheet1 + Ready