rate of return is 17%

Please find npv of lease alternative using tables thank you!!

Save & EX Sub 10 Check my word in mitoway Ad Agency provides cars to its sales start in the past, the company has always purchase its cars Trom a caer and then sold the cars after three years of use. The company's present fleet of cars is three years old and will be sold very shortly. To provide a replacement feet, the company is considering two alternatives Purchase otternative: The company can purchase the cars, as in the past, and sell the cars after three years of use. Ten cars will be needed, which can be purchased at a discounted price of $23,000 each. If this alternative is accepted, the following costs will be incurred on the fleet as a whole Annual cost of servicing, taxes, and licensing Repairs, first year Repairs, second year repairs, third year $1,500 5.4.300 $ 6,500 At the end of three years, the feet could be sold for one-half of the original purchase price Lease alternative The company can lose the cars under three year le contract. The lease cost would be $50,000 per year (the first payment due at the end of Year 1). As part of this lease cost, the owner would provide all servicing and repairs, license the cars, and pay all the taxes Riteway would be required to make a $14.500 security deposit at the beginning of the lease period, which would be refunded when the cars were returned to the owner at the end of the lease contract. Dit art onverandi rate from te 174 Prey 2 of 6 Next > search O MF Cloudy UP 2013 2011 100110 101010 02 S302292300 57000 575154 100 000 YO SODEL OCTOBOCZE WWW 100 cm De tot 2002 2014 01369290550 13.20 201120122500534406000 on 0172 23572247757 000 13 177960043554564515200 10000 CH 2900 ay) 000 TEST OF 00 00 00 00 TSHS 2005 ID0005 SO CHOS LOS DO C 20 TI 1505570942073111172691 1920 VOTEE 100 TOT tutto cott EDWOTE DE CON tutti 25720 11 DTP O HD 359010000000000029207079 0756 07070 00000000000000 O 047720507206505006111 060 055) 055505535389 GS020050750000000000920572 052 0534 000 000 000 000 2000000000105010567505000010101080200 070016070500800630050564053505070330 056 00 00 00 00 00 00 0.750.800 0035305070500420052005 0.000 03700356 03100529600200230235 0229230 OTTOTO 05005020467 000000160351 2150205020603000200200201 06650205440.500 0.50 0.0039161030000256 0203 020 02250200040053 0155 055 050 0002 0035301220295 0200200221020101 OIN 001000 05050527500000000010100020150204035000 05 07 08 09 16902000257 021120107 09 01520020101010 00000000 0.00000600.450358022020002500229 02040209205100004020001 2000 05770505010011502020202120205 000051 0125 0.0000000000000000000 ONS 001502020209010 0.000 0123000000000000500570S 000035 0534940220352 02100 000 GO000100700030054 000 000 050040311030 0220023100010 00012500000000000000600052 00500900034090000022 0015003602500212000353000 0.0980001000005000004400300000000000000 050360202710202040 01330 000 0000 0000 0000000000000000000 77000258215 01 10120 0301000 con 000000000000010026002200100 00:50 021 020 01915405010009200770054 053 0001000100010010022 000 0015 000 000 030270225015000000000000000000000000000000200022 00 00 00 10 DO 0.0004 0000000000000330097 0.02 000000000000000000000 010020070580125000000000530000050023 0.023 000 0000 000 000 000 0000200120055 0000000000000100200000000000000000000000 02000022002 01350100000000000000026000000001400 00000000000000 06202070 0.125 0.098001500000047 000 0029 0.02300 0000000000000000000 0001500 0000000000540012 0.003 0026 0.020000000000000000000000000 20 0107 002006100003700290022 0.00 OON 0011 000 000 000 000 0000000000002 0.00 0.075 0057 004 003 0.020 2020.005 0.00 0.00 0.00 0.00 OOO 000 000 0200000000002 0.0000 002 0015001 0.000000 0.00 0.00 0.00 0.00 0.0000000000000000000000000 RRRRR MO 0 earch o 59 85"Cloudy Complete this question by entering your answers in the tabs below. Required : Required 2 Required 3 What is the net present value of the cash flows associated with the lease alternative? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount.) prove search o BSF Cloudy 59