Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.
GET A 40% DISCOUNT ON YOU FIRST ORDER
You are currently thinking of leasing an apartment. The currentlease rates quoted by the lessor on the lease contracts of $1000 is$18 per month and $12.50 per month for 3-year and 5-year termsrespectively. While the monthly lease rentals on the 3-yearcontract are payable in arrears those for the 5-year contract arepayable in advance (Assuming 10 percent marginal cost of debt tothe lessee) Aside from leasing an apartment you are also thinkingof a hire purchase plan for your car. The plan requires you to pay$91.68 per month in arrear over a 12 month period. Assuming thepurchase price of the car is $1000 and there is no salvage value atthe end of the life.