Question
You have bought a new laptop using lease financing. Based on lease contract you will need to pay 45 per month for next three years.
You have bought a new laptop using lease financing. Based on lease contract you will need to pay 45 per month for next three years. If the (annual) discount rate is 6% how much this laptop costs for you?
Answer:
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
