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 $20,000 per month for the next 7 years with the first payment due today. If the APR is 8.28 percent compounded monthly, what is the value of the payments today? Multiple Choice $1,237,651.91 O $127772.79 $1,280,548.02 $1,164,134.57 $1,340,129.49