Consider the following project: unanswered Year 0 -20.00 1 8.00 2 7.00 3 9.00 4 7.00 not_submitted Project A Attempts Remaining: Infinity Find the payback for this project. (ROUND TO TWO DECIMAL PLACES) Submit Answer format: Number: Round to: 2 decimal places. #17 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.) unanswered not_submitted YEAR 0 1 Attempts Remaining: Infinity LEASE -$4,491.00 -$3,500.00 $3,500.00 - $3,500.00 $26,606.00 PURCHASE -$36,737.00 0 0 The graduate has a personal discount rate of 7.00%. At what discount rate would the graduate be indifferent between the two choices? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal