Question: McGee Leasing leased a car to a customer McGee will receive $300 a month, at the end of each monn, for 36 months. Use the
McGee Leasing leased a car to a customer McGee will receive $300 a month, at the end of each monn, for 36 months. Use the PV function in Excel to calculate the answers to the following questions 1 What is the present value of the lease if the annual interest rate in the lease in 18%7 2. What is the present value of the lease if the car can likely be sold for 56.000 at the end of three years? $ 3.238.00 1. What is the prosent value of the lease the annual interest rate in the loane ls 18%? (Do not round intermediary computations, but round your final answer to the nearest cont.) The present value of the lease 2. What is the present value of the one if the car can likely be sold for 56.000 at the end of three years ? (Do not found intermediary computations, but round your firal onwwer to the pearost cent) The present value of the lone is
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