of equipment. The lease payments are $75,000 per year for ed, it would have a salvage value of $100,000 after five A lease is available on a S300,000 piece five years. If the equipment were purchas years. It does not matter whether the equipment is leased or purc costs will be paid by the user. Agreeing to the lease is financially equi money at what interest rate? (Note: Lease payments are made at tne hased. In either case operating ng of the year.)