CHAPTER 26
Leasing
Answers to Practice Questions
8. The present value of the costs and the present value of the lease payments are shown in the following table:
| |t = 0 |t = 1 |t = 2 |t = 3 |t = 4 |t = 5 |t = 6 |
|Initial Cost |-3000.00 | | | | | | |
|Depreciation | | 600.00 | 960.00 | 576.00 | 345.60 | 345.60 ...