Question
You have bought a new laptop using lease financing. Based on lease contract you will need to pay 28 per month for next three years.
You have bought a new laptop using lease financing. Based on lease contract you will need to pay 28 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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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
