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Business, 03.06.2021 15:00 khynia11

A company may obtain a copying mechine cither by leasing it for 4 years (the useful life) at an annual cost of birr 1000 or by purchasing the machine for birr 3000. (a) Which alternative is preferable if the company can invest morey at 5% perannum?

(b) What ifit can invest at 7% per annum?โ€‹

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