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QUESTION FOUR One Stop Transport is considering the purchase of a new 4 ton truck for R400 000. Alternatively, the truck can be leased

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QUESTION FOUR One Stop Transport is considering the purchase of a new 4 ton truck for R400 000. Alternatively, the truck can be leased on a five year contract for R110 000 p.a. If the truck is owned, the service and maintenance charges will amount to R16 000 per annum and will be borne by the owner, whereas, the leasing charges are inclusive of maintenance. [15]

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