Mining can buy a similar drill for $510,000, but it will need to borrow the funds at 8%. a. Show the two choices on a timeline with the cash flow. b. Determine the present value of the lease payments at 8%. c. Should Mauer Mining lease or buy this drill? a. Which of the following figures correctly shows the two choices on a timeline with the cash flow? (Select the best response.) b. What is the present value of the lease payments at 8% interest rate? 8 (Round to the nearest cent.) c. Should Mauer Mining lease or buy this drill? (Select the best response.) 4. Mauer Mining should buy the drill since the present value of the lease payments is greater than the price of the drill. B. Mauer Mining should lease the drill since the present value of the lease payments is greater than the price of the drill. . Mauer Mining should buy the drill since the present value of the lease payments is less than the price of the drill. D. Mauer Mining should lease the drill since the present value of the lease payments is less than the price of the drill