Question: Wesson Leasing leased a car to a customer Wesson will receive $225 a month at the end of each month for 60 months Use the

Wesson Leasing leased a car to a customer Wesson will receive $225 a month at the end of each month for 60 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 loase is 9%? 2. What is the present value of the lease if the car can likely be sold for S4 500 at the end of five years? 1. What is the present value of the lease if the annual interest rate in the lease is 9% (Do not round intermediary computations but round your final answer to the nearest cont) The present value of the lease is $ 2. What is the present value of the lease if the car can likely be sold for $4,500 at the end of five years? (Do not round intermediary computations, but round your final answer to the nearest cont.) The present value of the lease is $

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