Please use the following facts to analyze the next two questions: Facts and Assumptions: Lease...
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Accounting
Please use the following facts to analyze the next two questions: Facts and Assumptions: Lease Term in Months 24 Lease Down Payment $ 500.00 Monthly Lease Payments $ 300.00 Sales Tax Rate 8% Lease Buyout at End $ 15,000.00 Title Fee $ 25.00 Car Loan Market Rate 7% Outright Purchase Price Before Tax and Title $ 19,500.00 1. What is the NPV of the lease? Round you answer to the nearest whole number. Do not use $, commas, or decimal points and enter as a positive number. For example, -$34,567.50 would be entered as 34568. 2. What would it cost you to buy the car today if you were paying cash? Round you answer to the nearest whole number. .
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