In the following questions, unless otherwise stated, assume that all cash flows are end-of-the-period cash flows. D Question 12 Question 7 Question 8 Time Running: Hide Time Attempt due: Apr 4 at 17:15 1 pts 33 Minutes, 50 Seconds A firm needs some machinery which it can lease from the manufacturer for a four-year period by making lease payments of $7,000 at the end of each month. If the interest rate for the firm is 7% p.a., with monthly compounding, the present value of the lease payments is closest to: O $292,321, O $283,061. $284,526. $331,157.