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Your company is going to purchase some research equipment for $20,000 or lease it for $850 per month. The equipment will be replaced in 5

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Your company is going to purchase some research equipment for $20,000 or lease it for $850 per month. The equipment will be replaced in 5 years with a salvage value of the purchased equipment of $2000. What is the IRR percentage? Input only numbers and up to 2 decimal points. Enter percentage as whole number with 1 decimal point. For example: 1% input 1.0 for your answer. But 1% is not the

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