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Your firm needs to invest in a new dellivery truck. The life expectancy of the defivery truck is five years. You can purchase a new

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Your firm needs to invest in a new dellivery truck. The life expectancy of the defivery truck is five years. You can purchase a new delivery truck for an upfront cost of $200,000, oc you can lease a truck from the manufacturer for five years for a monthly lease payment of $4,000 (paid at the end of each month). Your firm can borrow at 6% APR with monthly compounding. Would you prefer to lease or buy? Remember to use an appropriate monthly interest rate & correct numbec of periods. 1. Click to open: if 2. Click to open \&

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