Question 15 (2 points) Listen Victoria leases a new car by making a down payment of $4500 and beginning-of- month payments of $110 for 2 years. If the lease amount of the car is $17,500 and Victoria has the option of buying it for $10,590 at the end of the lease. Determine the present value of the Lease periodic payment (PV of Lease PMTs) ? $2,640.00 $13,000.00 $10,590.00 $6,910.00

Victoria leases a new car by making a down payment of $4500 and beginning-ofmonth payments of $110 for 2 years. If the lease amount of the car is $17,500 and Victoria has the option of buying it for $10,590 at the end of the lease. Determine the present value of the Lease periodic payment (PV of Lease PMTs)? $2,640.00$13,000.00$10,590.00$6.910.00