A company is deciding whether to lease or buy new equipment. If purchased, the equipment would cost $28,000. Consider the following information: PV of Lease Payments Before-tax = $14.000 PVCCATS = $7,000 PV of Lease Payments Tax Shield = $6,000 PV of Salvage Value = $3,000 Based on the above information, what is the NAL? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. Numeric Response A firm offers credit terms of 2/15, net 40. What is the effective annual rate on the credit extended if a customer foregoes the discount on a $5,000 purchase? Assume that there are 365 days in one year. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response