Lease Versus Purchase of Equipment
Abstract
This report is the result of an effort by the Range Commanders Council (RCC) Optical Systems Group (OSG) to assist users in determining the financial benefits of leasing or purchasing optical equipment. The initial study considered nine software applications that could be used in making the decision to lease or purchase equipment. Five programs were removed from consideration after it was determined they did not work well or were not as useful as the remaining four programs. This report examines the utility of four software applications that could be used in making the decision to lease or purchase optical equipment. Applications evaluated were Financial Calculator, Lease Calc Pro, AmortizIt!, and FinLease.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 2005
- Accession Number
- ADA640573