Question 4 5 Points The business owner terms of a lease contract are as follows: Annual lease = 1,500,000 pesos, 1st payment upon start of lease, annual lease increase by 10% each year for 4 years. A single lump sum payment is acceptable at the start of the lease based on an interest rate of 14% compounded annually. Find the amount of this lump sum. ANSWER: Blank 1 Blank 1 Add your