View Policies Current Attempt in Progress The North Carolina DMV leases a building for 20 years. The lease requires 20 annual payments of $12.000 each, with the first payment due immediately. The interest rate in the lease is 9%. What is the present value of the cost of leasing the building? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75) Click here to view the factor table. Present value $