Health Plan Northwest must install a new $1million computer to track patient records in its three service areas.

Health Plan Northwest must install a new $1million computer to track patient records in its three service areas. It plans to use the computer for only three year, at which time a brand new system will be acquired which will handle both billing and patient records. The company can obtain a 10 percent bank loan to buy the computer or it can lease the computer for three years. Assume that the following facts apply to the decision:•