4. You want to lease a riding mower from Mowers, Inc.. The lease contract is in the form of 36 equal monthly payments at a 7.2 percent stated annual rate, compounded monthly. Because the mower costs $10,000 retail, Mowers Ind wants the present value of the lease payments to equal S10,000. Suppose your first payment is due immediately. What will your monthly lease payments be? (Hint: This is an annuity due.)