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what's better to buy or lease a new machine buy cost $ 60000. annual operating cost $6000. salvage value $12000 in 5 years lease deposit

what's better to buy or lease a new machine

buy cost $ 60000.

annual operating cost $6000.

salvage value $12000 in 5 years

lease deposit of $25000 (returnable in 5 years)

Annual lease payments $18000

Discount rate 22%

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