Raymond Financing leases airplanes to airline companies. Raymond has just signed a 20-year lease agreement that requires annual lease payments of $90 What is the present value of the lease using a 10% interest rate? (Assume the lease payments occur at the end of each year. Use factor amounts rounded t decimal places, X.XXX.) (Click the icon to view the Pl i Present Value of Annuity of $1 O A. $134,100 O B. $1,341,000 OC. $7,662,600 OD. $76,626,000 Present Value of Annuity of $1 6% 7% 8% 10% Periods 4% 5% 12% 14% 16% mu HABERLER 0.962 1.886 2.775 3.630 4.452 5.242 6.002 6.733 7.435 8.111 8.760 9.385 9.986 10.563 11.118 11.652 12.166 12.659 13.134 13.590 0.952 1.859 2.723 3.546 4.329 5.076 5.786 6.463 7.108 7.722 8.306 8.863 9.394 9.899 10.380 10.838 11.274 11.690 12.085 12.462 0.9430.935 0.926 1.833 1.808 | 1.783 2.673 2.624 2.577 3.465 3.387 3.312 4.212 4.100 3.993 4.917 4.767 4.623 5.582 5.389 5.206 6.210 5.971 5.747 6.802 6.515 6.247 7.360 7.024 | 6.710 7.887 7.499 17.139 8.384 7.943 7.536 8.853 8.358 7.904 9.295 8.745 8.244 9.712 9.108 8.559 10.106 9.447 8.851 10.477 9.763 9.122 10.828 10.059 9.372 11.158 10.336 9.604 11.470 10.594 | 9.818 0.909 1.736 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 6,495 6.814 7.103 7.367 7.606 7.824 8.022 8.201 8.365 8.514 0.893 0.877 1.690 1.647 2.402 2.322 3.037 2.914 3.605 3.433 4.111 3.889 4.564 4.288 4.968 4.639 5.328 4.946 5.650 5 .216 5.938 5,453 6.194 5.660 6.424 5.842 6.628 6.002 6.811 6.142 6.974 6.265 7.120 6.373 .250 6.467 7.366 16.550 7.469 6.623 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.608 4.833 5.029 5.197 5.342 5.468 5.575 5.669 5.749 5.818 5.877 5.929 Click to select your answer. 7 20