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Daily Problem·Friday, 9 January 2026Back to today

Evaluate hire purchase for expansion

GCSE · Business Studies · CCEA · 2.6Sources of finance

Question

A medium-sized manufacturing firm is considering using hire purchase to buy new machinery. Evaluate whether this is the best option compared to leasing.

6 marks · take your time before peeking.

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Generated by TopMyGrade AI · cross-check official sources before relying on the mark-scheme phrasing.