value: 10.00 points After deciding to buy a new car, you can either lease the car or purchase it on a two-year loan. The car you wish to buy sts $34,500. The dealer has a special leasing arrangement where you pay $98 today and $498 per month for the next two years. If you purchase the car, you will pay it off in monthly payments over the next two years at an APR of 5 percent. You believe you will be able to sell the car for $22,500 in two years. What break-even resale price in two years would make you indifferent between buying and leasing? (Da not round intermediate calculations and round your final answer to 2 decimal places, e.g. 3216.) Break-even sale price What is the present value of purchasing the car? (Do not round intermediate calculations and rounsd your final answer to 2 decimal places, e.g., 32.16.) Present value References eBook & Resources Worksheet Learning Objective: 06-01 How to determine the multiple cash flows value: 10.00 points After deciding to buy a new car, you can either lease the car or purchase it on a two-year loan. The car you wish to buy sts $34,500. The dealer has a special leasing arrangement where you pay $98 today and $498 per month for the next two years. If you purchase the car, you will pay it off in monthly payments over the next two years at an APR of 5 percent. You believe you will be able to sell the car for $22,500 in two years. What break-even resale price in two years would make you indifferent between buying and leasing? (Da not round intermediate calculations and round your final answer to 2 decimal places, e.g. 3216.) Break-even sale price What is the present value of purchasing the car? (Do not round intermediate calculations and rounsd your final answer to 2 decimal places, e.g., 32.16.) Present value References eBook & Resources Worksheet Learning Objective: 06-01 How to determine the multiple cash flows