$8-25$ A new $10,000-$square$-$meter warehouse next door to

the Tyre Corporation is for sale for $$450,000.$ The

terms offered are $$100,000$ down with the balance

being paid in $60$ equal monthly payments based

on $15\%$ interest. It is estimated that the warehouse

would have a resale value of $$600,000$ at the end of

$5$ years.

Tyre has the cash and could buy the warehouse

but does not need all the warehouse space at this time.

The Johnson Company has offered to lease half the

new warehouse for $$2500$ a month.

Tyre presently rents and uses $7000$ square

meters of warehouse space for $$2700$ a month.

It has the option of reducing the rented space to

$2000$ square meters, in which case the monthly rent

would be $$1000$ a month. Furthermore, Tyre could

cease renting warehouse space entirely. Tom Clay,

the Tyre Corp. plant engineer, is considering three

alternatives:

$1.$ Buy the new warehouse and lease half the space

to the Johnson Company. In turn, the Tyre$-$rented

space would be reduced to $2000$ square meters.

$2.$ Buy the new warehouse and cease renting any

warehouse space.

$3.$ Continue as is$,$ with $7000$ square meters of rented

warehouse space.

Construct a choice table for interest rates from $0\%$ to

$100\%.$