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#6 A young graduate is trying to decide whether to lease or buy a car for the next three years. The cash flows for
#6 A young graduate is trying to decide whether to lease or buy a car for the next three years. The cash flows for each choice are shown below. (We will ignore gas, insurance, and tag fees.) YEAR 0 1 2 3 LEASE PURCHASE -$4,110.00 -$36,476.00 -$3,500.00 -$3,500.00 -$3,500.00 0 0 $25,212.00 The graduate has a personal.discount rate of 6.00%. What is the NPV of purchasing the car and selling after three years? (HINT: The answer will be
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