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The South Carofina DMV leases a buiding for 20 years. The lease requires 20 annual payments of 512.000 each, with the furst parywent due immodlately.

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The South Carofina DMV leases a buiding for 20 years. The lease requires 20 annual payments of 512.000 each, with the furst parywent due immodlately. The interest rate in the lease is 128 . What is the present value of the cost of leasing the bulidievi? (Fer calculation purposes, use 5 decimal plocers as dispiayed in the foctor table provided. Round answer to 2 decimal ploces, est 52.754 Cilick here to view the factor table Present value

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