Question: Saved Help Save & Exit SL Heidi Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the

 Saved Help Save & Exit SL Heidi Inc. is considering whether

Saved Help Save & Exit SL Heidi Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $135,000 over its estimated life, while the total cost to buy the equipment will be $82,000 over its estimated life. At Heidi's required rate of return, the net present value of the cost of leasing the equipment is $82,600 and the net present value of the cost of buying the equipment is $76,000. Based on financial factors, Heidi should: Multiple Choice lease the equipment, saving $6,600 over buying buy the equipment, saving $6,600 over leasing. buy the equipment, saving $53,000 over leasing. lease the equipment, saving $53,000 over buying

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