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please help! You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment).
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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs $4,800,000 and would be depreciated straight-line to zero over three years. Because of radiation contamination, it will actually be completely valueless in three years. You can lease it for $1,760,000 per year for three years. Assume that the tax rate is 24 percent. You can borrow at 6 percent before taxes. Calculate the NAL. (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. NAL $ 95,498.97 Should you lease or buy? Lease Buy Step by Step Solution
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