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Question content area top Part 1 You have to buy a new copier. The cost of the copier is $2,075, plus $385 per year in
Question content area top Part 1 You have to buy a new copier. The cost of the copier is $2,075, plus $385 per year in maintenance costs. The copier will last for five years. Alternatively a local company offers to lease the copier to you and do the maintenance as well. If your discount rate is 5.9%, what is the most you would be willing to pay per year to lease the copier (your first lease payment is due in
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