2) You have the opportunity to either rent or purchase a truck or rent a truck on an annual rental basis. The first rent payment is due in year t+1. Suppose the interest rate is 0.02, the rental rate is $4000 per year and the purchase price is $40000. Assuming you want to choose the option that minimizes the net present value of the truck: a) Should you buy or rent the truck? Justify your answer. b) Suppose that if you buy the truck, you can sell it at the end of ten years for $5000 (it has salvage value of $5000). Will this change your decision given in part a). Justify your answer. c) What salvage value would make you indifferent between buying or renting the truck. Justify your answer. d) Repeat parts a), b), and c) with an interest rate of 0.05 and compare and contrast these answers with those given above. Justify your