*******USE A FINANCIAL CALCULATOR*****

Question 5 of 5 Amy, an office administrator, is evaluating the following quotation that he received for the purchase of a printer for his office: Lease Option: Make payments of $90 at the beginning of every month for 5 years. At the end of 5 years, make the final payment of $500. Purchase Option: Make a payment of $4,500 immediately. a. What is the present value of the lease option if money is worth 6.9% compounded semi-annually? $0.00 Round to the nearest cent b. Which option would be economically better? c. What is the present value of the lease option if money is worth 10.5% compounded semi-annually? $0.00 Round to the nearest cent d. Which option would be economically better