Question: Maple Choice Randall Corp is trying to decide whether to lease or purchase a piece of equipment needed for the next five years. The

Maple Choice Randall Corp is trying to decide whether to lease or

Maple Choice Randall Corp is trying to decide whether to lease or purchase a piece of equipment needed for the next five years. The equipment would cost $100,000 to purchase, and manance costs would be $90,000 a y After five years, Randall estimates it could sell the equipment for $110,000 if Randall leases the equipment, it would pay $10,000 each year, which would include all mamance costs the furde for Randal 12%, Randall should (Euture Value of 53 Present Value of $1 Future Value Accuty at 51. Present Valut Annuity.of.313 Use appropriate fector from the PV sablies. Do not round intermediate calcations Round your final answer to the nearest hundred.) O O O buy the buy the pret value of cost above $45.000 less

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