Question 3 2 pts Your company is going to purchase some research equipment for $20,000 or lease it for $850 per month. The equipment will be replaced in 5 years with a salvage value of the purchased equipment of $2000. What is the IRR percentage? Input only numbers and up to 2 decimal points. Enter percentage as whole number with 1 decimal point. For example: 1% input 1.0 for your answer. But 1% is not the answer!! Based on the previous question of buying versus leasing the equipment, what is your effective annual rate percentage? Input only numbers and up to 1 decimal point. Enter percentage as whole number with 1 decimal point. For example: 1% input 1.0 for your answer. But 1% is not the answert! Based on the effective annual rate from purchasing versus leasing, should you lease or buy the equipment? Buy Lease