Question: we leave a like if done correctly :) Denzel needs a new car. At the dealership, he finds the car that he likes. The deblership

we leave a like if done correctly :)

Denzel needs a new car. At the dealership, he finds the car that he likes. The deblership gives him two payment options: 1. Pay $27,500 today for the car 2. Pay $2,500 at the end of each quarter for three years, Required: 1-a. Assuming Denzel uses a discount rate of 8% (or 25 quarterly), calculate the present value. 1-b. Which option gives him the lower cost? Complete this question by entering your answers in the tabs below. Assuming Denzel uses a dlscount rate of 0% (or 2% quarterly), calculate the precent value. Note: Use tables, Eccel, or a finandal calcutator. Round your aeswers to 2 decimal piaces. (rV of \$1, PV of \$1, rVA of \$1. and PVA of 51 )

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