You decide you need a new computer. The cost of the computer is $1,296. However, the store also offers a rent to own option with will cost $59 per week for 24 weeks. How much more will the rent to own option cost after you have made all of the payments

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%