Find a piece of equipment for sale online that a business may need to purchase (minimum price of $15,000) then find the amount this business must contribute to a sinking fund every month to purchase this piece of equipment in 5 years if the annual interest is 4%. How would this monthly contribution change if the goal was to purchase this piece of equipment in 10 years? Give some financial reasons why a business may choose one option over the other. Include the URL to the piece of equipment in your post.
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