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Question 1 (0.5 mark) Suppose that you can buy a car now for S21 000. On the other hand, you can lease it at S360

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Question 1 (0.5 mark) Suppose that you can buy a car now for S21 000. On the other hand, you can lease it at S360 per month for 60 months. If you buy a car now, then you will be able to sell it at the end of the fifth year for $9 000. If you choose to lease, what is the monthly and annual IRR of the leasedt he buying a car now

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