Engineering economics

\f7) Two years ago the rental forthe use of eqpt was paid 5 years in advance. with the option to renewthe rent for another5 years by payment of P25k annually at the start of each yearforthe renewal period. The lessor now asks the lessee if it could be possible to prepay the rental that will be paid annually in the renewed 5- yr period. lfthe lessee will oonsiderthe request, what would he the fair prepayment to he made to the lessor ifi=12%