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 $17,000 per month for the next 7 years with the first payment due today. If the APR is 7.56 percent compounded monthly, what is the value of the payments today? Select one: a. $1,113,170.60 b. $1,011,973.27 C. $1,106,201.53 d. $1,159,789.02 e. $1,078,271.68