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don't answer the question 1 it's a mistake

i need question 4 instead thank you

1) A loan of $77,000 is repaid by payments of $3,000 at the end of every month. Interest is 6% compounded monthly. (4 total-Ch14) (a) How many payments are required to repay the debt? (2 marks) (b) What is the size of the final payment? (2 marks) 4) A car can be purchased for $33,700 today and an additional payment of $4,000 in 3 years from today. It would then be sold (salvage or scrap value) after 8 years for $5,000. Alternatively, it could be leased for 8 years with $427.00 end of the month payments. Using DCF and a cost of money of 6% compounded annually, which option is better or cheaper? (4 marks-16.1) a. What is the cost of buying in today's dollars (DCF) b. What is the cost of leasing in today's dollars (DCF)