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The bank will pay an interest of 10 percent annually. What must Alis semi-annual deposit be? A construction company called Albinaa Group is considering buying

The bank will pay an interest of 10 percent annually. What must Alis semi-annual deposit be? A construction company called Albinaa Group is considering buying new machinery for one of its projects. Leasing Company, which deals in heavy machinery, owns that particular equipment and is looking to sell it for $425,000. Albinaa Group offered to buy it today and pay $600,000 over 3 years at a discount rate of 10 percent. Should Leasing Company accept Albinaa offer? Why or why not?

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