Use the Table for the Question(s)below

question 17

Multiple Choice

Use the table for the question(s) below.
Your firm is contemplating leasing some new equipment.The cash flows of either buying or leasing the equipment are shown in the table above.
-If your firm's borrowing cost is 7% and the tax rate is 35%,what is the amount of the lease-equivalent loan for the new equipment?

• A)$178,937
• B)$169,070
• C)$30,930
• D)$21,063
• E)-$14,145

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A systematic collection of laws designed to comprehensively deal with the core areas of private law such as property, family, and contracts.

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