Question: help me to solve this within 20 minute please. 4. Everest Nepal seeks to acquire the use of a machine at the lowest possible cost.

help me to solve this within 20 minute please. 4. Everest Nepalhelp me to solve this within 20 minute please.

4. Everest Nepal seeks to acquire the use of a machine at the lowest possible cost. The choice is either to lease one at Rs. 6,600 annually or to purchase one of Rs. 15,000. The Lease payment is payable at the end of the year. The company's cost of debt is 10 percent, and its tax rate is 40 percent. The machine has economic life of three years with no salvage value. The firm uses straight line depreciation method

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