Lease Versus Purchase Paper WEEK 4 FIN/370 UOP

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.

1. Minimum word count of 700 words. Quality is critical at all times with regard to team papers!
2. Table or graph; well formatted with an example of lease versus buy. Inserted within the word document.
3. Use of the time value of money concept applied to the lease versus buy decision.  How does TVM affect the options involved

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.