14)   Your firm is considering leasing a new computer.  The lease lasts for 9 years.  The lease calls for 10 payments of $1,000 per year with the first payment occurring immediately.  The computer would cost $7,650 to buy and would be straight-line depreciated to a zero salvage over 9 years.  The actual salvage value is negligible because of technological obsolescence. The firm can borrow at a rate of 8%.  The corporate tax rate is 30%.  What is the after-tax cash flow from leasing relative to the after-tax cash flow from purchasing in years 1-9?
15)   Your firm is considering leasing a new robotic milling control system.  The lease lasts for 5 years.  The lease calls for 6 payments of $300,000 per year with the first payment occurring at lease inception.  The black box would cost $1,050,000 to buy and would be straight-line depreciated to a zero salvage.  The actual salvage value is zero.  The firm can borrow at 8%, and the corporate tax rate is 34%.  
What is the maximum lease payment that you would be willing to make?