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Using the appropriate table from the Chapter 13 Appendix (page 141), record the present value factor at 6% for each year and compute the present

Using the appropriate table from the Chapter 13 Appendix (page 141), record the present value factor at 6% for each year and compute the present value cost of leasing.

Cost of LeasingSuburban ClinicComparative Present Value

Not-For-Profit Cost of Leasing:

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Net Cash Flow

(11,000)

(11,000)

(11,000)

(11,000)

(11,000)

Present value factor (at 6%)

Present value answer =

Present value cost of leasing =

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