Lease vs. buy options | Business & Finance homework help
How do you determine whether you should lease or buy a piece of equipment for your business? Let’s assume you’re faced with the following lease-or-buy decision: You can purchase a $50,000 piece of equipment by putting 25 percent down and paying off the balance at 10 percent interest with four annual installments of $11,830. The equipment will be used in your business for eight years, […]