Crown Barbers decides to lease another barbershop for a 15-year period. The barbershop has a cash price of $260,000. If Crown borrowed money to purchase the shop, it would have had to pay 16% interest. (Click the icon to vie Value of $1 table.) (Click the icon to view Read the requirement. (Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answer to the nearest cent, SX.XX.) Value of an Ordinary (Click the icon to view Value of an Annuity D a. What are the required payments if the lease agreement requires annual payments beginning one year from today? The required payments are $ b. What are the required payments if the lease agreement requires semiannual payments beginning six months from the agreement date? The required payments are $ c. What are the required payments if the lease agreement requires quarterly payments beginning today? The required payments are $ Enter any number in the edit fields and then continue to the next question. Save for Later