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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%) |
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Present value answer = |
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Present value cost of leasing = |
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