Calculate present value if the discount rate is 10 percent

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Reference no: EM13274707

Many have tried to help w this one but it always says incorrect. Please help! Must be 4 decimals thanks A firm can lease a truck for 4 years at a cost of $43,000 annually. It can instead buy a truck at a cost of $93,000, with annual maintenance expenses of $23,000. The truck will be sold at the end of 4 years for $33,000. Calculate present value if the discount rate is 10%. Calulate to 4 decimals. PV of a Buy = PV of a Lease= Thanks so much!

Reference no: EM13274707

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