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Maple Choice Randall Corp is trying to decide whether to lease or purchase a piece of equipment needed for the next five years. The
Maple Choice 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 $100,000 to purchase, and manance costs would be $90,000 a y After five years, Randall estimates it could sell the equipment for $110,000 if Randall leases the equipment, it would pay $10,000 each year, which would include all mamance costs the furde for Randal 12%, Randall should (Euture Value of 53 Present Value of $1 Future Value Accuty at 51. Present Valut Annuity.of.313 Use appropriate fector from the PV sablies. Do not round intermediate calcations Round your final answer to the nearest hundred.) O O O buy the buy the pret value of cost above $45.000 less
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