Question: need help completing the tables please. everything inputted already is correct. You work for a nuclear research inboratory that is contemplating leasing a duspostic scanner
need help completing the tables please. everything inputted already is correct. You work for a nuclear research inboratory that is contemplating leasing a duspostic scanner feasing is a very cornmon practice with expersive, high-tech equipment the scanner costs $6,300,000, and it would be depreciated straight line to zero over four years. Because of rodiation contarminotion, it actially will be completely valueless in four years. You can lease is for $1,870,000 per year for four yenrs. Assume thet the tax rate is 24 percent Suppose the entire $6,300000 purchase pnce of the scanner is borrowed. The rate on the loan is 8 percent, and the loan will be repoid in equal annual instaliments. Calculate the amount of annual loan repayment (Do not round intermediate calculations and round your answer to 2 decimal places, e.9, 32.16. Answer is complete and correct. negative anserer should be indicated by a minus signs)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
