What is the benefit or drawback of leasing the building for

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Question: What is the benefit or drawback of leasing the building for 10 years at $5,000 per year. It was estimated that the building is worth $32,000 and had a 30-year economic life. No income is generated on the building operations until after 6 years. Consider the bank savings rate is 6% per annum and charges 10% interest.

Reference no: EM133417515

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