Question: Basim leases a new car by making a down payment of $ 4 5 0 0 and beginning - of - month payments of $

Basim leases a new car by making a down payment of $4500 and beginning-of-month payments of $110 for 2 years. If the lease amount of the car is $17,500 and Daina has the option of buying it for $10,590 at the end of the lease. Determine the present value of the Lease periodic payment (PV of Lease PMTs)?
Question 15 options:
$13,000.00
$10,590.00
$6,910.00
$2,640.00

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