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please help Your landscaping company can lease a truck for $7,350.00 a year for 9 years. It can Instead buy the truck for $47,933.50. The

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Your landscaping company can lease a truck for $7,350.00 a year for 9 years. It can Instead buy the truck for $47,933.50. The truck will be valueless after 9 years. a. What is the present value of the lease payments. If the Interest rate your company can earn on its funds is 9.50%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ b. Is it cheaper to buy or lease? Olease O buy

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