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Just want to check work, please let me know if correct and no little mistake Your landscaping company can lease a truck for $8,200 a

Just want to check work, please let me know if correct and no little mistake

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Your landscaping company can lease a truck for $8,200 a year for 5 years. It can instead buy the truck for $35,000. The truck will be valueless after 5 years. a. What is the present value of the lease paymentsI if the opportunity cost of capital is 6%. {Do not round Intermediate calculations. Round your answer to 2 decimal places.) Present value $ 34541.3 b. Is it cheaper to buy or lease

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