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Which is the better deal for JBE

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Reference no: EM132672531

Problem 1: Joseph Beete Enterprises (JBE) needs two new computers plus a rather expensive plan  printer. Joe, the owner/manager, goes to one dealer who offers a deal involving a repayment free-period of 25 months, then 24 payments of $800/month. Another dealer offers similar equipment financed by a finance-company loan requiring 20 payments starting in one month of $750 per month. Which is the better deal for JBE?

Reference no: EM132672531

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