Calculate the Lease Payment If the Net Cost of Buying

question 94

Multiple Choice

Calculate the lease payment if the net cost of buying is $40,000 and the net tax rate is 40% and the PVA is 5.486.

• A)$12,152.14
• B)$14,600.17
• C)$10,167.83
• D)$11,788.89

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Definitions:

Nitrobenzene

An organic compound consisting of a benzene ring substituted with a nitro group (-NO2), used in the synthesis of aniline.

Anisole

An organic compound, specifically an ether, derived from methoxybenzene, used in perfume and pharmaceuticals.

Chlorobenzene

An aromatic organic compound with a chlorine atom substituting one hydrogen atom in benzene, used in the production of pesticides and industrial solvents.

Electrophilic Aromatic Substitution

Electrophilic aromatic substitution is a type of organic reaction in which an electrophile replaces a hydrogen atom in an aromatic ring, forming a new substituent on the ring.