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Must use the best option between the functions: PMT; FV; NPER; PV, & or RATE! Design and create a workbook to compare the purchase versus

Must use the best option between the functions: PMT; FV; NPER; PV, & or RATE!

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Design and create a workbook to compare the purchase versus lease of an automobile. The car you wish to purchase is $18,400. Your monthly net income (after taxes) is $3,024. You need to decide whether to lease the car over three years or buy the car with the aid of a bank loan for $18,400. Design and create your solution using Excel. Format your workbook attractively and appropriately based on the principles learned in this course. You may need to use the function wizard to explore functions. Be sure your calculations support your conclusions. The following information is provided: - If you were to lease the vehicle with zero down, the lease payment would be $355 per month. At the end of the three years, there is an option to buy the vehicle for $12,000. What would be the total cost to own the vehicle at the end of three years

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