Determine the minimum acceptable lease payment for a lessor given that a computer will be depreciated straight-line to a zero salvage value. The problem assumes that the years over which the asset is depreciated is one less than the number of lease payments: for example 5 years of depreciation, but 6 lease payments.

Given the lease payments for a new copier, the cost to buy it, and provided that it is depreciated straight line to a zero salvage, determine the NPV of the lease.