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Your research shows that the same equipment will cost $3,000 per month to lease with no initial investment. However, there is a maintenance contract that

Your research shows that the same equipment will cost $3,000 per month to lease with no initial investment. However, there is a maintenance contract that will cost an additional $150 per month. Create a table to show these expenses.

Year

Average Net Income

Lease + Maintenance

($3,000x12 + $150x12 = $37,000)

Net

0

0

0

0

1

$3,000

$37,000 - $3,000 =

$31,000

2

$7,000

$31,000 + $37,000 - $7,000 =

$61,000

3

$10,000

4

$15,000

5

$20,000

Total

$55,000

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