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Georgetown Leasing lessed a car to a customer. Goorgetown will receive $225 a month, at the end of each month, for 72 months. Use the

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Georgetown Leasing lessed a car to a customer. Goorgetown will receive $225 a month, at the end of each month, for 72 months. Use the PV function in Excel fo calculate the answers fo the following questons 1. What is the presdnt value of the lease if the annual interest rate in the lease is 16% ? 2. What is the present value of the lease it the car can likely be sold for $4,000 at the ond of sax years? The gresent value of the laase is

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