Wendy's Widgets is negotiating a 5-year lease of a building. In order to entice her to lease, the owner has offered discounted lease payments for the first two years. The following will be her lease payments over the life of the lease, to be made at the end of each year: Years 1 and 2: $5,000 per year Years 3 and 4: $7,000 per year Year 5: $8,000 that year Assuming a 7% annual interest rate, what is the present value of the lease? B A I I A - - Doo? - V HTML Editor 3 . 1 x D T 112p O words Question 17 4 pts Sarah decides she wants to pursue her lifelong dream to open a bed and breakfast by the beach in ten years. She wants to build the bed & breakfast, so after analyzing costs for land, the construction, and all necessary licenses and operating costs for the first year, she estimates she will need to have saved $3,000,000 in that time. She decides she wants to make quarterly deposits into her savings account for the next 10 years. Assuming a 12% return, what amount will she need to deposit each quarter in order to reach her goal