A used car that currently costs $22,000 will have a market value of $8,000 in four years. As a student, you cannot afford to pay $22,000, but you want to have a car while you are going to university for the next four years. Your father agrees to lend you $22,000 on the condition that you pay him $400 at the end of every month for the next four years and $22,000 at the end of the four years. The car dealer provides financing facilities, and you are qualified to get a lease for which you will have to make monthly, end-of-month payments of $950 for 48 months. Assume your cost of capital is 12 percent. (For calculation purposes, use 5 decimal places and final answers to 0 decimal places, e.g. 5,275.) Calculate the PV of lease. PV of lease $ Calculate the PV of loan from father. PV of loan from father $ Which option will leave you better off