Current Attempt in Progress Crane is deciding between two vehicles that will be leased for the next three years. The SUV will require a monthly lease of $480 that will be paid at the beginning of each month. The sedan will have payments due at the end of each month with the same $480 lease payment. Crane will have a 36% discount rate associated with the lease. What is the present value (PV) for the two vehicles, and which should she choose based on your calculations? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answers to O decimal places, e.g. 5,275. Enter negative amounts using either a negative sign preceding the number, e.g. -5,125.36 or parentheses, e.g. (5,125.36).) Click here to view the factor table SUV present value Sedan PV Crane should choose the SUV V 10,479.5

Crane is deciding between two vehicles that will be leased for the next three years. The SUV will require a monthly lease of \$480 that wilt be paid at the beginning of each month. The sedan will have payments due at the end of each month with the same $480 lease payment. Crane will have a 36% discount rate assoclated with the lease. What is the present value (PV) for the two vehicles, and which should she choose based on your calculations? (For calculation purposes, use 5 decimal placts as disployed in the factor table provided. Round final answers to 0 decimal ploces, es, 5,275, Enter negative amounts using either a negotive slen preceding the number, es:-5, 125,36 or parentheses, es: (5,125.36) j) Clickhere to view the factor table Suvpresentvalue $ SedanpV Crane should choove the