Review the chart below about multiple options for financing

Location Costs (based on 1500 sq.ft.)

Buy

Lease

$250,000 purchase price with a 4.5% interest over 25 years, with 20% of the total cost as the down payment

$3,000 a month for a 10-year lease with a $25,000 deposit

$250,000 purchase price with a 6% interest over 15 years, with 30% of the total cost as the down payment

$3,225 a month for a 5-year lease with a $15,000 deposit

Equipment

Name and Quantity

Cost to Rent (per month)

Cost to Purchase

1 Mobile X-ray unit

$7,000

$700,000

2 Anaesthetic machines

$8,000

$800,000

2 Defibrillators

$800

$80,000

4 ECG Monitors

$2,000

$200,000

1 Laryngoscope

$400

$40,000

4 Vital Signs Monitors

$120

$12,000