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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

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?Round you answer to the nearest whole number.

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