eztomheducation.com e G- Mon - 2. Connect Ahow 7,000 se han est cm how ve ST.000 in The Homework 2 Seved Help Save & Exit Submit 4 Your landscaping company can lease a truck for $7.000 a year (paid at year-end) for 5 years, it can instead buy the truck for $30,000. The truck will be valueless after 5 years. The interest rate your company can earn on its funds is 6% a. What is the present vatue of the cost of Jeasing? (Do not round Intermediate calculations, Round your answer to 2 decimal places.) b. Is it cheaper to buy or lease? c. What is the present value of the cost of leasing if the lease payments are on annulty due, so the first payment comes immediately? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) d. Is it now cheaper to buy or lease? 10 Do Present value of lease tait cheaper to buy or lease? Present value of losse d. sit now cheaper to buy or lease