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You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner
You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs 55.07 and would be depreciated straight line to zero over four years. Because of radiation contamination, it will actually be completely valueless in four years. You can lease it for 51,868,675 per year for four years. Assume that the tax rate is 22. You can borrow at 9.18% before taxes. What would be the maximum payment that a leasee is willing to pay? NOTE: Enter the number rounding to four DECIMALS. If your decimal answer is 0.034576, your answer must be 0.0346. DO NOT USE the sign
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