Question: Please determine which financing option is the best & why (provide calculations, maybe find PV/ PMT): 1) $850,000 loan at 15 % interest for ten

Please determine which financing option is the best & why (provide calculations, maybe find PV/ PMT): 1) $850,000 loan at 15 % interest for ten years. Interest would be paid manually at year-end with the principal being repaid at the end of the ten-year period. 2) Lease the building and land for a ten-year period at $240,000 per year, with payment at year-end. Additional data: disc. rate 20%

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