Mandel Leasing leased a car to a customer. Mandl will receive $350 a month, at the end of each month, for 48 answers to the following questions 1, What is the present value ofthe lease if the annual interest rate in the lease is 9%? 2. What is the present value of the lease if the car can likely be sold for $6,500 at the end of four years? months. Use the PV funtion in Excel to calculate the 1, what is te present value of the lease if the annual interest rate in the lease is 9%? (Do not round intermediary computations, but round your final answer to the nearest cent.) The present value of the lease is $ 2. What is the present value of the lease if the car can likely be sold for $6,500 at the end of four years? (Do not round intermediary computations, but round your final answer to the nearest cent.) The present value of the lease is $