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(8) Question: LuLuLime (LLL) is a company that sells modern equipment. To purchase a new equipment for your company from LLL, you as a financial...
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LuLuLime (LLL) is a company that sells modern equipment. To purchase a new equipment for your company from LLL, you as a financial manager have narrowed down two equipment models which meet your performance requirements equally. However, the schedule of payments of two models are different.
Model A requires yearly payment of $15,000 for 5 years with the first payment to be made today.
Model B requires yearl year 1.
Given yearly interest ra
NOTE: CALCULATION
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lent to be made end of purchase and why?
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