07/08/2022

Eagle Manufacturing
Author ANAND KUMAR
Date 7/7/2022
Purpose

599896757.xlsx Page 1 Documentation

Eagle Manufacturing
Product Information Months Asset Value Buy Option Lease Option
Current Price $ 35,000 Initial Investment $ 35,000 $ (37,088) $ (2,500)
Salvage Value $ 15,000 1 34,755 - (500)
Salvage Months 120 2 34,512 - (500)
3 34,270 - (500)
Buy Condition 4 34,030 - (500)
Service Contract $ 950 5 33,792 - (500)
Sales Tax Rate 3.25% 6 33,555 - (500)
Tax on Sale $ 1,138 7 33,321 - (500)
Resale Percent* 90.0% 8 33,087 - (500)
9 32,856 - (500)
Lease Conditions 10 32,626 - (500)
Security Deposit $ 2,500.00 11 32,397 - (500)
Monthly Payment $ 500 12 32,171 - (500)
13 31,945 - (500)
Buy vs. Lease 14 31,722 - (500)
Annual Discount Rate 5.25% 15 31,500 - (500)
Monthly Discount Rate 0.44% 16 31,279 - (500)
Buy Net Present Value $ (16,203.57) 17 31,060 - (500)
Lease Net Present Value $ (16,919.39) 18 30,843 - (500)
Choice BUY 19 30,627 - (500)
20 30,413 - (500)
21 30,200 - (500)
* Resale percent represents the percent of the 22 29,988 - (500)
depreciated value of the asset. 23 29,778 - (500)
24 29,570 - (500)
25 29,363 - (500)
26 29,157 - (500)
27 28,953 - (500)
28 28,751 - (500)
29 28,549 - (500)
30 28,350 - (500)
31 28,151 - (500)
32 27,954 - (500)
33 27,758 - (500)
34 27,564 - (500)
35 27,371 - (500)
36 27,179 - (500)
End of Contract $ 24,462 $ 2,500

599896757.xlsx Buy vs. Lease 07/08/2022