Question#2 You are trying to decide whether to lease a car for 4 years or buy a new car now and sell it for 4 years later. The annual lease payment would be $6,300 with payments made at the beginning of cach ycar. The new car price is $47,000 now. Four years later, you are expected to sel the car for S33,000. The appropriate discount rate for this project is 7.2%. Should you buy or lease? Use the present value of cost comparison method