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Please use the following facts to analyze the next two questions: Facts and Assumptions: Lease Term in Months 2 4 Lease Down Payment $ 5

Please use the following facts to analyze the next two questions:
Facts and Assumptions:
Lease Term in Months
24
Lease Down Payment
$ 500.00
Monthly Lease Payments
$ 300.00
Sales Tax Rate
8%
Lease Buyout at End
$ 15,000.00
Title Fee
$ 25.00
Car Loan Market Rate
7%
Outright Purchase Price Before Tax and Title
$ 19,500.00
What is the NPV of the lease?

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