Resource: "Additional Problems With Answer" in the final pages of Ch. 27 of Basic Finance
Review the additional problem comparing leasing versus purchasing.
Write a 700-word paper comparing the factors involved in deciding whether to purchase or lease this equipment.
Format your paper consistent with APA guidelines.
Here are a few tips and expectations for what I will look for in the week 4 paper.
TIPS: Bullet points can be effective in summarizing information. The table (example of lease versus purchase) makes it easier to discuss the topic and is a great way to use an example for the reader (me) to visualize to options given. Headings in a paper can help organize the paper. A conclusion is critical to tying together all concept introduced in the paper AND a final decision the team had made can be placed in this section. Make a sound decision to lease or purchase as a team.