Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the company agreed to pay rent of $12,500 per month for the next 10 years with the first payment due today. If the APR is 6.48 percent compounded monthly, what is the value of the payments today? $1,079,334.50 O $1,007,084.92 $1,107,793.41 O $1,149,275.38 $1,101,843.46